$383,000
$415,000
7.7%For more information regarding the value of a property, please contact us for a free consultation.
237 Cedar Lake RD N Minneapolis, MN 55405
5 Beds
4 Baths
2,600 SqFt
Key Details
Sold Price $383,000
Property Type Multi-Family
Sub Type Duplex Side by Side
Listing Status Sold
Purchase Type For Sale
Square Footage 2,600 sqft
Price per Sqft $147
Subdivision Bowmans Add
MLS Listing ID 7116964
Sold Date 08/21/26
Bedrooms 5
Year Built 1924
Annual Tax Amount $7,065
Tax Year 2026
Contingent None
Lot Size 6,969 Sqft
Lot Dimensions 40x169
Property Sub-Type Duplex Side by Side
Property Description
Seller willing to complete TISH repairs! This exceptional duplex is an ideal opportunity for an owner-occupant or investor. The spacious 3-bed, 2-bath front unit is available for immediate move-in or historically has rented for $2200/month, while the 2-bed, 2-bath rear unit is rented for $1,775/month to excellent long-term tenants with a lease through June 2027 who would like to stay longer. Separate utilities for each unit.
Both units are two stories and offer privacy with city views from the top-floor bedrooms. Located just blocks from desirable Byrn Mawr, with parks, trails, coffee shops, and restaurants nearby. Property features a large detached garage plus two additional off-street parking spaces on a concrete slab.
Major updates include a new roof on the home and garage (2024), front-unit furnace (2022), newer windows and plumbing, and a new front-unit water heater. The rear unit was fully remodeled prior to 2021, including furnace, refrigerator, cabinets, oven, and flooring. A proven income-producing property—come see why this duplex has been a cash-flowing favorite!
Location
State MN
County Hennepin
Rooms
Basement Drain Tiled, Full, Sump Pump, Unfinished
Interior
Heating Forced Air
Fireplace No
Exterior
Parking Features Covered, Detached Garage, Concrete
Garage Spaces 2.0
Roof Type Age 8 Years or Less
Building
Story Two
Foundation 1430
Sewer City Sewer/Connected
Water City Water/Connected
Level or Stories Two
New Construction false
Schools
School District Minneapolis
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