8 days on rocket

3921 Cedar Ave S, Minneapolis, MN, 55407

$525,000

Home List Price

$6,234*

Closing Credit

0 Baths
2,758 SqFt
$190/SqFt
Multi

Location

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3921 Cedar Ave S, Minneapolis$525,000

Buyer Closing Credits

$6,234*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
ParkingDetached
Garage2 spaces
Year Built1928
HeatingSteam, Ductless, Hot Water, Radiant
BasementYes
MLS #6629298
StatusActive

About 3921 Cedar Ave S

An amazing duplex with premium finishes you won't normally find in a multi-family. Use as a quality rental, owner occupied, multi-generation, or rent a unit short/long term. It would make a great Airbnb. Kitchens, baths, and boilers in both units updated. Mini-split AC in both living rooms. Hardwood floors and natural woodwork throughout. 3rd newer bathroom in basement could be dedicated to one unit. Extra finished space in basement also for exercise, office, etc. Two sets of washer/dryers in basement for separate laundry. A two car garage and fenced in yard top off this wonderful property. Located on bus line, near parks, trails, lakes, Minnehaha Crk., and a bustling S. Mpls. Whether an investor or owner occupied, you'll be proud to own this great duplex.

Property Details

Property Features

Property Information:

  • Year Built: 1928
  • Living Area: 2,758 SqFt

Listing Office:

  • Office Name: RE/MAX Results

Interior Features

Interior Information:

  • Basement: Yes

Exterior Features

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: No
  • Parking: Detached

Utilities

Utilities Information:

  • Heating: Steam, Ductless, Hot Water, Radiant

Other

Directions Information:

  • Directions: 38th to Cedar, s to home

Price Information

Listing Price Info

Price Summary:

  • List Price: $525,000
  • Price Per SqFt: $190/SqFt

Tax Information:

  • Annual Amount: $4,959
  • 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

$349.8K

Med. Price/SqFt

$202

Avg. Days On Market

34

# of Sold Homes

978

3921 Cedar Ave S vs Minneapolis

8 DAYS ON ROCKET

-26 Days

$525,000

+$175.1K More

$190/SqFt

-$12 Less

KEY TAKEAWAY

This property is $175.1K more than the Median Sold Price and $12/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: #6629298

Listing Office:

  • Office Name: RE/MAX Results

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Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/17/2024, 11:52:48 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Sep 01, 2020Home Sold
$499,900
Feb 02, 2015Home Sold
$198,000
Aug 13, 2007Home Sold
$265,000

Tax History

YEARPROP. TAXASSESSMENT
2020$4,959$373,500
2019$4,940$339,900
2018$4,823$321,915
2017$4,153$275,045

History based on county public records data.

Payment Calculator

$2,688

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,640

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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-688896
4
/10

  • Bancroft Elementary School

  • 3829 13th Ave S

  • 0.46 miles

  • Public Magnet Grades PK-5

school-card-donut-688897
1
/10

  • Hiawatha Leadership Acdy-Northrop

  • 1611 E 46th St

  • 0.87 miles

  • Public Charter Grades KG-4

school-card-donut-688898
6
/10

  • Northrop Community School

  • 4315 31st Ave S

  • 1.11 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $61,719. The majority of Minneapolis, MN residents have income between $35k-100k annually. Most families are single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Rocket Homes›Minnesota›Hennepin County›Minneapolis›55407›3921 Cedar Ave S

This home is located at 3921 Cedar Ave S in Minneapolis, MN and zip code 55407 in the Cedar Avenue Heights neighborhood. This 2,758 square foot home was built in 1928. It has been listed on Rocket Homes since November 09, 2024 and is currently priced at $525,000.

In October 2024, from all listings sold in Minneapolis, MN there were more than 356 sold above asking price, over 399 sold below and more than 223 were sold right at the asked price. In October 2024 in Minneapolis, MN there were 9.3% more homes for sale than in September 2024. The median list price of listings available in October 2024 was $349,843, while the average time on the real estate market was 34 days.

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

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