237 Cedar Lake RD N, Minneapolis, MN 55405
237 Cedar Lake RD N, Minneapolis, MN 55405
237 Cedar Lake RD N, Minneapolis, MN 55405
237 Cedar Lake RD N, Minneapolis, MN 55405
237 Cedar Lake RD N, Minneapolis, MN 55405
237 Cedar Lake RD N, Minneapolis, MN 55405
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$ 415,000
Est. payment | /mo

5 Beds

4 Baths

2,600 SqFt


Save
$ 415,000
Est. payment | /mo
Save

5 Beds

4 Baths

2,600 SqFt

Key Details

Property Type Multi-Family

Sub Type Duplex Side by Side

Listing Status Active

Purchase Type For Sale

Square Footage 2,600 sqft

Price per Sqft $159

Subdivision Bowmans Add

MLS Listing ID 7116964

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

Listed by Benjamin Mezzenga • Northstar Real Estate Associates

Schools and Properties Nearby

Mary Sullivan

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237 Cedar Lake RD N