For Sale: Minneapolis MLS# 6728432
Active
$625,000
Multi-family: Four Plex
Built 1927
2,772 sqft ⢠0.12 acres
Minneapolis schools
MLS# 6728432

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Property Description
The Cedar Inn of 1927: a fully restored original south Minneapolis boxcar apartment building. Coveted originality in all units: oak & maple hardwoods, original millwork freshly varnished. Modern open kitchens and renovated baths. New Anderson Windows throughout. Upper south unit vacated for owner occupants. See home highlights for detail of current owner improvements.
Listing
Listing Status:
Active
Contingency:
None
List Price:
$625,000
Price per sq ft:
$225
Property Type:
Multi-family
City:
Minneapolis
Garage Spaces:
2
County:
Hennepin
Year Built:
1927
State:
MN
Property Style:
Four Plex
Zip Code:
55407
Neighborhood/Area:
Northrop
Subdivision Name:
C F E Petersons Cedar Ave Add
Interior
Finished Area:
2,772 ft2
Living Area:
2,772 ft2
Ranges:
Four
Refrigerators:
Four
Basement Details:
Unfinished
Exterior
Stories:
Two
Garage Spaces:
2
Garage Dimensions:
20x18
Garage Size:
320 ft2
Garage Door Height:
7
Garage Door Width:
8
Foundation Size:
1,386 ft2
Foundation Dimensions:
49.5 x 28
Handicap Accessible:
None
Heating System:
Boiler
Parking Features:
- Detached
- Garage Door Opener
Road Frontage:
- City Street
- Sidewalks
Exterior Material:
Stucco
Roof Details:
Flat
Lot & Land
Acres:
0.12
Geolocation:
44.926067, -93.247714
Lot Dimensions:
42 x 122
Zoning:
Residential-Multi-Family
Schools
School District:
1
District Phone:
612-668-0000
Expenses
Annual Caretaker Expense:
None
Annual Electric Expense:
$300
Annual Fuel Expense:
None
Annual Insurance Expense:
$2,974
Annual Maintenance Expense:
None
Annual Gross Expense:
$8,673
Annual Trash Expense:
$1,440
Annual Water/Sewer Expense:
$3,960
Tenant Expenses:
Electricity, Gas, Parking Fee
Financial & Taxes
Tax Year:
2025
Annual Taxes:
$8,126
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$8,126
Income
Annual Gross Income:
$60,000
Misc. Annual Income:
None
Misc. Monthly Income:
None
Units
Total Units:
4
Miscellaneous
Fuel System:
- Electric
- Natural Gas
Owner Occupied:
No
Sewer System:
City Sewer/Connected
Water System:
City Water/Connected
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Listing provided by RMLS,
courtesy of Rare Form Properties.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.