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Two-Unit Duplex with Detached Garage

2800 Cedar Avenue S, Minneapolis, MN 55407

For Sale
$270,000

Updated electrical, replacement windows, and attic insulation support the two-unit layout.

Property Size1,976 SF
Price / SF$136.64
Days on Market53

Property Features for 2800 Cedar Avenue S

General Information

Standard status Active
Size 1,976 SF
Total Parking Spaces 2
Property subtype Duplex Up and Down

Site & Location

Neighborhood Powderhorn
Public Transit Yes

Units

Unit Mix 2 x 2BR/1BA
Multifamily Units 2

Additional Details

Tenant in Place Yes

Taxes and HOA fees

Annual Taxes $5,068

Amenities

laundry
storage

Building Details

Building Size 1,976 SF
Year Built 1903
Buildings 1
Tenancy Single
Listing Agency: Aire LLC
Listed By: Daniel Anshus
Source: Thinkhl
Added: Sep 18 Changed: Nov 7 Last Checked: Nov 8 at 10:25AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Aire LLC

Rey
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Investment Insights

Based on property information with market context.

Built in 1903, this up-and-down duplex contains two 2-bedroom units, each with its own bathroom, entrance, and approximately 988 finished square feet. The lower unit is leased month to month, while the upper unit is vacant. Electrical service has been updated, and the property has new windows and attic insulation.

A 988-square-foot basement provides laundry and storage space, with additional area that could be finished. A detached 20-by-24-foot garage offers two stalls, and parking is located behind the building. The property occupies a corner lot at 28th and Cedar, one block from the Midtown Greenway, half a mile from Midtown Global Market, and a short ride from the Lake Street Blue Line platform.

Key Highlights

  • Two 2‑bedroom units, each with approximately 988 finished square feet
  • Lower unit leased month to month; upper unit vacant
  • Updated electrical, new windows, and new attic insulation

Property Analytics

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Lease Details

2
Residential units
Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,545
Businesses Nearby

Demographics for 55407, MN

38,506
Population
15,979
Households
2.4
Avg Household Size
34
Median Age
48%
College-Educated
85%
High-School Grad
4.0 sq mi
ZIP Area
9,627
Density / Sq Mi
$78,206
Median Household Income
$46,388
Median Earnings
$1,219
Median Rent
$317,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Average Price Trend$/SF for Duplexes in Minneapolis, MN

$183 Jul
$179 Aug
$178 Sep
$175 Oct

Properties on Market for Duplexes in Minneapolis

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Updated electrical, replacement windows, and attic insulation support the two-unit layout.
Where is this duplex located?
The property is located at 2800 Cedar Avenue S Minneapolis, MN.
What is the asking price?
The asking price for this property is $270,000.
What are key features of this property?
This property features: Two 2‑bedroom units, each with approximately 988 finished square feet; Lower unit leased month to month; upper unit vacant; Updated electrical, new windows, and new attic insulation
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