Minneapolis, MN 55405,209 Cedar Lake RD N
Minneapolis, MN 55405,209 Cedar Lake RD N
Minneapolis, MN 55405,209 Cedar Lake RD N
Minneapolis, MN 55405,209 Cedar Lake RD N
Minneapolis, MN 55405,209 Cedar Lake RD N
Minneapolis, MN 55405,209 Cedar Lake RD N
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$ 420,000
Est. payment | /mo

2,380 SqFt


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$ 420,000
Est. payment | /mo
Save

2,380 SqFt

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,380 sqft

Price per Sqft $176

MLS Listing ID 6797759

Year Built 1922

Annual Tax Amount $6,511

Tax Year 2025

Contingent None

Lot Size 7,840 Sqft

Acres 0.18

Lot Dimensions 45x169

Property Sub-Type Triplex

Property Description

Classic Craftsman Triplex in prime Minneapolis location! Situated near Bryn Mawr Park, Utepils Taproom, and the Minneapolis Farmers Market, this well-maintained property offers easy access to downtown and steady rental demand. Unit 1 is a 2BR+den with vintage hardwood floors, a living room fireplace, and built-in bookshelves. Unit 2 is a renovated 2BR+den featuring original hardwoods and a front porch. Unit 3 is a cozy 1BR+den with a charming private patio. Each unit has separate electric and gas service. Plus each unit has their own separate basement with washer and dryer. Excellent turnkey investment opportunity in a rapidly growing neighborhood. Seller offering 1% point toward buyer's interest rate buy-down with acceptable offer. Current rent leases as follows: Unit 3 (1BR) $1,150/mo. Unit 2 (2BR) $1,350/mo. Unit 1 (2BR) Vacant for Owner Occupy, or easily rented at $1,350/mo.

Location

State MN

County Hennepin

Rooms

Basement Daylight/Lookout Windows, Full, Unfinished

Interior

Heating Boiler, Radiator(s)

Fireplace No

Exterior

Parking Features Detached

Garage Spaces 3.0

Fence Partial, Wood

Building

Lot Description Public Transit (w/in 6 blks)

Story One and One Half

Foundation 2179

Sewer City Sewer/Connected

Water City Water/Connected

Level or Stories One and One Half

Structure Type Stucco

New Construction false

Schools

School District Minneapolis

Listed by Douglas Herkenhoff • Edina Realty, Inc.

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209 Cedar Lake RD N