great investment opportunity with all 4 units being renovated in summer of 2023. Rare turn-key investment in a very strong rental demand area. Current rents are $1,140 for the bottom two units and $1,240 for the top two units. Great location near the lakes, in a popular part of south MPLS. Call for more information.*At least 24 hour notice required on all showings*.
Closed
$590,000
4101 Cedar Ave S, Minneapolis, MN 55407
4beds
4baths
2,912sqft
Quadruplex
Built in 1928
-- sqft lot
$-- Zestimate®
$203/sqft
$3,665 Estimated rent
Home value
Not available
Estimated sales range
Not available
$3,665/mo
Zestimate® history
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$3,742/mo
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Zillow last checked:
Listing updated:
Listed by:
Cody Smith 651-353-3657,
MRG Realty Partners, LLC
Bought with:
Rodolfo Trujilo
RE/MAX Advantage Plus
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 6639091
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
Heating
- Boiler
Features
- Basement: Partial
Interior area
- Total structure area: 2,912
- Total interior livable area: 2,912 sqft
- Finished area above ground: 2,912
- Finished area below ground: 0
Property
Accessibility
- Accessibility features: None
Features
- Levels: Two
Lot
- Size: 4,791 Square Feet
- Dimensions: 40 x 122
Details
- Foundation area: 1456
- Parcel number: 1202824230145
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
Condition
- New construction: No
- Year built: 1928
Utilities & green energy
- Gas: Natural Gas
- Sewer: City Sewer/Connected
- Water: City Water/Connected
Community & HOA
Community
- Subdivision: Cedar Ave Heights 2nd Add
Location
- Region: Minneapolis
Financial & listing details
- Price per square foot: $203/sqft
- Tax assessed value: $452,000
- Annual tax amount: $4,156
- Date on market: 12/16/2024
- Cumulative days on market: 113 days
Price history
| Date | Event | Price |
|---|---|---|
| 2/13/2025 | Sold | $590,000-1.7%$203/sqft |
Source:  NorthstarMLS as distributed by MLS GRID #6639091 Report a problem | ||
| 1/7/2025 | Pending sale | $600,000$206/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6639091 Report a problem | ||
| 12/16/2024 | Listed for sale | $600,000+48.1%$206/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6639091 Report a problem | ||
| 10/17/2017 | Sold | $405,000+72.9%$139/sqft |
Source: NorthstarMLS as distributed by MLS GRID #4862365 Report a problem | ||
| 7/1/2008 | Sold | $234,300-34.9%$80/sqft |
Source: Public Record Report a problem | ||
| 5/2/2007 | Sold | $360,000+18.8%$124/sqft |
Source: Public Record Report a problem | ||
| 10/16/2006 | Sold | $303,000+106.8%$104/sqft |
Source: Public Record Report a problem | ||
| 11/3/1999 | Sold | $146,500$50/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,675 -59.7% | $452,000 |
| 2024 | $4,156 -0.9% | $452,000 -5% |
| 2023 | $4,193 -42.3% | $476,000 -0.1% |
| 2022 | $7,261 +3.8% | $476,300 +11.4% |
| 2021 | $6,992 +1.8% | $427,500 |
| 2020 | $6,871 -1.7% | $427,500 +10% |
| 2019 | $6,992 +1.8% | $388,500 +12% |
| 2018 | $6,871 +27.4% | $347,000 +27.6% |
| 2017 | $5,392 +5.8% | $272,000 +5% |
| 2016 | $5,097 +1.9% | $259,000 +15.1% |
| 2015 | $5,002 +9.8% | $225,000 |
| 2014 | $4,555 -7.5% | $225,000 |
| 2013 | $4,926 -3.4% | $225,000 -6.1% |
| 2012 | $5,098 -0.1% | $239,500 |
| 2011 | $5,104 +0.2% | $239,500 -15.1% |
| 2010 | $5,093 +0.8% | $282,000 |
| 2009 | $5,053 -11.5% | $282,000 -14.3% |
| 2006 | $5,707 +10.7% | $329,000 |
| 2005 | $5,156 -3.4% | $329,000 +3.5% |
| 2004 | $5,336 +11.4% | $318,000 +21.8% |
| 2002 | $4,792 -32.8% | $261,000 |
| 2001 | $7,135 | -- |
Find assessor info on the county website
Neighborhood: Standish
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Nearby schools
GreatSchools rating
- 7/10Northrop Elementary SchoolGrades: K-5Distance: 1 mi
- 6/10Sanford Middle SchoolGrades: 6-8Distance: 1.8 mi
- NARoosevelt High School - SwsGrades: 9-12Distance: 0.8 mi
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- Minnesota
- Hennepin County
- Minneapolis
- 55407
- Standish
- 4101 Cedar Ave S
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