10 days on rocket

3932 Cedar Ave S, Minneapolis, MN, 55407

$399,900

Home List Price

$4,749*

Closing Credit

0 Baths
2,855 SqFt
$140/SqFt
Multi
Schools Nearby

Location

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3932 Cedar Ave S, Minneapolis$399,900

Buyer Closing Credits

$4,749*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeDuplex
ParkingDetached, Gravel
Garage2 spaces
Year Built1923
HeatingSteam, Forced Air, Hot Water
BasementYes
MLS #6525807
StatusActive

About 3932 Cedar Ave S

Amazing opportunity in the heart of South Minneapolis! This unique triplex offers traditional 1 bedroom and 2 bedroom units plus a retail space. The shop features a bright, open retail area, a work space and office in the back, a kitchenette, and a ¾ bathroom. Above the shop is a large loft and a bedroom. The two units behind the shop feature hardwood floors, lots of natural light, and good sized bedrooms. The fully fenced yard includes a private patio – perfect for summer evenings. The oversized garage has room for two cars and storage. Great location with easy access to shopping, transportation, the airport, and the Mall of America. The property is zoned Commercial, so it will need commercial financing. Don’t miss it!

Property Details

Property Features

Property Information:

  • Year Built: 1923
  • Living Area: 2,855 SqFt

Listing Office:

  • Office Name: Counselor Realty, Inc.

Interior Features

Interior Information:

  • Basement: Yes

Exterior Features

Parking Information:

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

Utilities

Utilities Information:

  • Heating: Steam, Forced Air, Hot Water

School Info

Assigned Schools Information:

  • Roosevelt High School, Public District Grades 9-12
  • Sanford Middle School, Public District Grades 6-8
  • Northrop Community School, Public Magnet Grades PK-5

Other

Directions Information:

  • Directions: West side of Cedar Avenue between 39th and 40th Streets

Price Information

Listing Price Info

Price Summary:

  • List Price: $399,900
  • Price Per SqFt: $140/SqFt

Tax Information:

  • Annual Amount: $4,770
  • 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

$343.6K

Med. Price/SqFt

$201

Avg. Days On Market

27

# of Sold Homes

1085

3932 Cedar Ave S vs Minneapolis

10 DAYS ON ROCKET

-17 Days

$399,900

+$56.2K More

$140/SqFt

-$62 Less

KEY TAKEAWAY

This property is $56.2K more than the Median Sold Price and $62/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: #6525807

Listing Office:

  • Office Name: Counselor Realty, Inc.

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Last updated on: 5/6/2024, 12:22:34 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

Jun 07, 2007Home Sold
$244,000

Tax History

YEARPROP. TAXASSESSMENT
2020$4,770$303,000
2019$4,708$261,042
2018$4,556$246,813
2017$4,072$220,990

History based on county public records data.

Payment Calculator

$2,063

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,265

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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.

Elementary School

school-card-donut-6896429
6
/10

  • Northrop Community School

  • 4315 31st Ave S

  • 1.14 miles

  • Public Magnet Grades PK-5

Middle School

school-card-donut-6896430
5
/10

  • Sanford Middle School

  • 3524 42nd Ave S

  • 1.76 miles

  • Public District Grades 6-8

High School

school-card-donut-6896431
3
/10

  • Roosevelt High School

  • 4029 28th Ave S

  • 0.83 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $60,174. The most common annual income of people living in Minneapolis, MN is between $35k-100k. Typical family type is single, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Rocket Homes›Minnesota›Hennepin County›Minneapolis›55407›3932 Cedar Ave S

This home is located at 3932 Cedar Ave S in Minneapolis, MN and zip code 55407 in the Bancroft neighborhood. This 2,855 square foot home was built in 1923. It has been listed on Rocket Homes since April 26, 2024 and is currently priced at $399,900.

Over 519 listings were sold over their listed price in April 2024 in Minneapolis, MN. In the same period over 337 listings were sold below the listed price and 228 listings were sold for the listed price. In April 2024 in Minneapolis, MN there were 15.8% more homes for sale than in March 2024. In April 2024 median list price was $343,683 and the average listing age was 27 days.

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

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