237 Cedar Lake Road N, Minneapolis, MN 55405

$383,000
5
BD
4
BA
2,600
SqFt

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Sold Price
$383,000
List Price
$415,000
Closing Date
Aug 21, 2026
MLS#
7116964
Status
CLOSED
Type
Multifamily
Style
(MF) Duplex Side X Side
Bedrooms
5
Bathrooms
4
Living Area
2,600
Acres
0.16
Subdivision
Bowmans Add
Neighborhood
30
Year Built
1924

Property Description

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 property—come see why this duplex has been a cash-flowing favorite!

Additional Information

School District
Minneapolis
Tax Year
2026
Fuel
Natural Gas
Sewer
City Sewer/Connected
Roof
Age 8 Years or Less
Heating
Forced Air
Water
City Water/Connected
Basement
Drain Tiled, Full, Sump Pump, Unfinished
Parking
Covered, Detached Garage, Concrete
Garage Spaces
2

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Listing courtesy of Northstar Real Estate Associates.

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