Back 3241 Cedar Ave S
Off Market

3241 Cedar Ave S

Minneapolis MN 55407

5
3
1
3690 sq. ft.
6098 sq. ft.
Duplex
Last sold for $392,000
Kent HranickaKent Hranicka, last sold this property on 06 November 2026 after 1737 days on market.

Overview

Unique Triplex with 3 units fully occupied and eligible for FHA loan assumption for an owner-occupant! Enjoy the peaceful backyard that is fully enclosed with a wooden fence and features a patio. Perfect for dog owners. This building has plenty of space including a partially finished full basement, a 12x12 flex room in the backyard and a workshop attached to garage. Units have been nicely maintained and are rent ready! This is the perfect spot for an owner who would like to cut their living expenses by occupying 1 unit. $3725.00 gross monthly rents. Front unit adjacent to the street is licensed as an accessory dwelling unit.

Features

5 bedrooms
3 bathrooms
1 carspace
1 garage space
3690 sq. ft. floor area
6098 sq. ft. lot size
Duplex

Estimated Value

Based on this property and similar 5 bedroom duplexes sold in Minneapolis over the last 12 months, the estimated median property value of 3241 Cedar Ave S is $396k.

Median value
$396k
Estimated value range
$316.5k - $468k
Median days on market
36
Estimated value trend
-6%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Minneapolis. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 3241 Cedar Ave S

2026
Sold
$392,000
06 Nov 2026 by Kent Hranicka, of REMAX Results | Shoreview
2018
Sold
$382,000
28 Mar 2018 by Tim Dahl, of Coldwell Banker Realty
2003
Sold
$300,000
27 Aug 2003 by Kent Hranicka, of REMAX Results | Shoreview

Happy sellers in Minneapolis

100%
100% of sellers in Minneapolis reported that their sale price either exceeded or met their price expectations.

Minneapolis stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 4 reviews in Minneapolis over the last 12 months.

Local market activity for 5 bedroom duplexes in Minneapolis

In the last 12 months, 5 five-bedroom duplexes similar to 3241 Cedar Ave S, have been sold.

This represents a 20% decrease in five-bedroom duplexes sales when compared to the previous 12 months.

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