237 Cedar Lake Road N

Minneapolis, MN 55405

About this property

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 propertycome see why this duplex has been a cash-flowing favorite!

About this property

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 propertycome see why this duplex has been a cash-flowing favorite!

Features and Additional Information

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$415,000 Active
2,600 sqft

Presented By Coldwell Banker Crown Park Rapids

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Northstar Real Estate Associates
1-651-451-2850
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Area Information

30 | Hennepin County | Bowmans Add

$ 415,000
This listing is play_arrow 0.0% lower than the average in the area
$ 415,000 in the area
2,600 SqFt
This listing is play_arrow 0.0% smaller than the average in the area
2,600 SqFt in the area
$ 160 $/SqFt
This listing is play_arrow 0.0% less than the average in the area
$ 160 $/SqFt in the area
23 days on site
This listing is play_arrow 0.0% below the average in the area
23 days on site in the area

Schools in the Area

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    Elementary School
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    Middle School
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    High School
    Minneapolis
Listed By Ben Mezzenga
Brokerage: Northstar Real Estate Associates

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