3437 Cedar Ave S Minneapolis, MN 55407
Corcoran NeighborhoodEstimated payment $1,970/month
Highlights
- No HOA
- 1 Car Detached Garage
- Forced Air Heating and Cooling System
About This Home
Single Family Home with Duplex Conversion Potential — Separate Utilities Already In Place This spacious 5-bedroom, 2-bath single family home offers rare duplex potential thanks to decades of prior licensed duplex use and existing separate utilities. The city no longer recognizes the duplex status, but the home could potentially be converted back — buyers should verify requirements directly with the city. With 1,766 square feet above ground, this 1900-built home is full of character and opportunity. The layout naturally supports multi-generational living, a house-hack setup, or future rental income, with 2 bedrooms on the main level and 3 bedrooms upstairs. The upper-level kitchen was removed (utility access is still in place), creating a blank canvas for customization. All utilities needed for a second kitchen — including gas, water, and drain connections — are already in place behind the upstairs wall for easier reinstallation. Inside, enjoy a blend of updates and original charm—fresh paint, newer flooring, updated bathrooms, and a functional main-level kitchen. There is still plenty of room for personal finishing touches, offering a chance to build equity and tailor the home to your vision. Outside, the property features a partially fenced yard with mature shade trees and a detached one-car garage with alley access and extra parking. A versatile property in a convenient location—ideal for buyers seeking space, flexibility, and long-term potential.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,745
Year Built
- Built in 1900
Lot Details
- Lot Dimensions are 44.7 x 125
- Zoning described as Residential-Multi-Family,Residential-Single Family
Parking
- 1 Car Detached Garage
Interior Spaces
- 1,766 Sq Ft Home
- 2-Story Property
- Unfinished Basement
- Partial Basement
Bedrooms and Bathrooms
- 5 Bedrooms
- 2 Full Bathrooms
Utilities
- Forced Air Heating and Cooling System
Community Details
- No Home Owners Association
- Coopers Sub Blks Wilbers 2Nd Add Subdivision
Listing and Financial Details
- Assessor Parcel Number 0102824320018
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $4,745 | $261,000 | $85,000 | $176,000 |
| 2023 | $3,335 | $256,000 | $78,000 | $178,000 |
| 2022 | $3,062 | $248,000 | $66,000 | $182,000 |
| 2021 | $2,826 | $221,000 | $36,000 | $185,000 |
| 2020 | $3,060 | $211,000 | $29,900 | $181,100 |
| 2019 | $2,868 | $211,000 | $19,900 | $191,100 |
| 2018 | $2,720 | $192,000 | $19,900 | $172,100 |
| 2017 | $2,440 | $158,500 | $18,100 | $140,400 |
| 2016 | $2,327 | $146,500 | $18,100 | $128,400 |
| 2015 | $2,124 | $127,500 | $18,100 | $109,400 |
| 2014 | -- | $123,500 | $23,500 | $100,000 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/31/2026 03/31/26 | Price Changed | $299,000 | -8.0% | $169 / Sq Ft |
| 03/07/2026 03/07/26 | For Sale | $325,000 | -- | $184 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $58,000 | None Available | |
| Foreclosure Deed | $54,000 | -- | |
| Warranty Deed | $179,900 | -- | |
| Warranty Deed | $139,900 | -- | |
| Warranty Deed | $91,700 | -- |
Source: NorthstarMLS
MLS Number: 7032952
APN: 01-028-24-32-0018
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Ask me questions while you tour the home.