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$625,000
/mo Edit
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

    Contingency: None
    Price per sq ft: $225
    City: Minneapolis
    County: Hennepin
    State: MN
    Property Style: Four Plex
    Zip Code: 55407
    Neighborhood/Area: Northrop
    Subdivision Name: C F E Petersons Cedar Ave Add

    Interior

    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.