new - 6 days on rocket

3509 Cedar Ave S, Minneapolis, MN, 55407

$425,000

Home List Price

$5,047*

Closing Credit

0 Baths
2,100 SqFt
$202/SqFt
Multi

Location

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3509 Cedar Ave S, Minneapolis$425,000

Buyer Closing Credits

$5,047*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
ParkingAsphalt
Year Built1900
HeatingForced Air
BasementYes
MLS #6612780
StatusActive

About 3509 Cedar Ave S

This beautifully maintained duplex offers two spacious, separate units, each with an abundance of natural light and modern updates. Perfect for multi-generational living or as an income-generating property, both units feature updated kitchens, bright and airy bedrooms, and private entrances. Key updates since 2018 include: New A/C units, Siding, Roof, Windows, Kitchens, Driveway Ideally located just blocks from Powderhorn Park and directly across the street from the iconic Matt’s Bar, home of the famous Juicy Lucy. Don't miss out on this fantastic opportunity – schedule a showing today!

Property Details

Property Features

Property Information:

  • Year Built: 1900
  • Living Area: 2,100 SqFt

Listing Office:

  • Office Name: Century 21 Moline Realty Inc

Interior Features

Interior Information:

  • Basement: Yes

Exterior Features

Parking Information:

  • Parking: Asphalt

Utilities

Utilities Information:

  • Heating: Forced Air

Other

Directions Information:

  • Directions: I-35W S, follow signs to Minneapolis, use the right lane to take exit 17A towards Hiawatha Ave, turn right onto E 26th St, turn left onto Cedar Ave S, duplex is on left side.

Price Information

Listing Price Info

Price Summary:

  • List Price: $425,000
  • Price Per SqFt: $202/SqFt

Tax Information:

  • Annual Amount: $4,662
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Minneapolis, MN.

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Minneapolis, MN

City

Med. Sold Price

$349.9K

Med. Price/SqFt

$202

Avg. Days On Market

33

# of Sold Homes

889

3509 Cedar Ave S vs Minneapolis

6 DAYS ON ROCKET

-27 Days

$425,000

+$75K More

$202/SqFt

-$0 Less

KEY TAKEAWAY

This property is $75K more than the Median Sold Price and $0/SqFt less than other homes in Minneapolis, MN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NORTHSTAR
  • MLS Number: #6612780

Listing Office:

  • Office Name: Century 21 Moline Realty Inc

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Last updated on: 12/3/2024, 11:52:47 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$4,662$285,000
2019$4,625$261,500
2018$3,821$210,500
2017$3,357$183,000

History based on county public records data.

Payment Calculator

$2,189

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,341

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-3792713
4
/10

  • Bancroft Elementary School

  • 3829 13th Ave S

  • 0.57 miles

  • Public Magnet Grades PK-5

school-card-donut-3792714
2
/10

  • Aurora Charter School

  • 2101 E 26th St

  • 1.12 miles

  • Public Charter Grades PK-4

school-card-donut-3792715
3
/10

  • Green Central Park Elementary School

  • 3416 4th Ave S

  • 1.18 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $73,162. Residents of Minneapolis, MN typically earn between $35k-100k each year. Typical family type is single, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Rocket Homes›Minnesota›Hennepin County›Minneapolis›55407›3509 Cedar Ave S

This home is located at 3509 Cedar Ave S in Minneapolis, MN and zip code 55407 in the Powderhorn neighborhood. This 2,100 square foot home was built in 1900. It has been listed on Rocket Homes since November 27, 2024 and is currently priced at $425,000.

While more than 283 listings in Minneapolis, MN in November 2024 were sold above asking price, there were more than 203 listings sold at asking price, and more than 403 were sold below. The inventory of homes for sale in Minneapolis, MN between October 2024 and November 2024 decreased by 6.1%. While the average time on the market in November 2024 was 33 days, the median list price was $349,986.

From Rocket Homes Real Estate and based on county public records data.

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