Minneapolis, MN 55407 3644 Cedar Avenue S
$549,900
10 more
Presented By: Verde Real Estate Group
Beds • 4
Baths • 4
SQFT • 3,000
Home Details
Fully rented, well maintained & performing 4-plex in high demand, Powderhorn Park - just a block from Matt's! Separately metered gas & electric. 4 x 1 br units - 12 month leases; Rents - Unit 1: $1,000; Unit 2: $1,075; Unit 3: $1,095; Unit 4: $1,050. Windows replaced 2009. Glass block basement windows replaced 2017. 4 off-street parking spaces behind building as well as shaded patio area. 2 coin-op laundry in basement. 5 newer water heaters and 2 newer boilers. 2 large storage units per apt. Great opportunity for investor or owner-occ!
Presented By: Verde Real Estate Group
Interior Features for 3644 Cedar Avenue S
Other Interior Features
Above Grade Finished Area3000
BasementBlock, Storage/Locker, Storage Space, Unfinished
Basement (Y/N)Yes
Below Grade Finished Area
Foundation Dimensions35x43
FuelNatural Gas
General for 3644 Cedar Avenue S
AccessibilityNone
Additional Parcels Y/NNo
Association AmenitiesCommon Laundry, Coin-op Laundry Owned, Lobby Entrance, Patio, Security
CityMinneapolis
Construction MaterialsBrick/Stone, Metal Siding, Stucco, Wood Siding
ContingencyNone
CountyHennepin
DirectionsCedar Ave to Property.
Electric100 Amp Service
Electric Expense
Fuel Expense
Garage Spaces
Gross Income41000
HeatingHot Water
High School DistrictMinneapolis
Insurance Expense3500
Land Lease Y/NNo
Lender OwnedNo
LevelsTwo
Lot Size UnitsAcres
MaintenanceExpense0
New ConstructionNo
NumberOfUnitsTotal4
Operating Expense10842
OwnerPaysInsurance, Janitorial Service, Grounds Care, Repairs, Snow Removal, Taxes, Trash Collection
PostalCityMinneapolis
Property SubtypeQuadruplex
Property TypeResidential Income
RoofAge 8 Years or Less, Flat
SewerCity Sewer/Connected
Standard StatusActive
Subdivision NameBidlemans Add
Tax Annual Amount6739
Tax Year2024
Tenant PaysElectricity, Fuel, Gas
TopographyLevel
Trash Expense0
Virtual TourClick here
Water Sewer Expense0
Year Built1927
Zoning DescriptionResidential-Multi-Family
Exterior for 3644 Cedar Avenue S
Building Area Total4500
FencingChain Link, Partial
Foundation Area1500
Lot Dimensions40 x 123
Lot FeaturesTree Coverage - Light
Lot Size Area0.12
Parking FeaturesAsphalt
Road Frontage TypeCity Street, Curbs, Paved Streets, Sidewalks, Storm Sewer
Road ResponsibilityPublic Maintained Road
Water SourceCity Water/Connected
Additional Details
Price History
Niki Fairbanks
Realtor® MN and WI