Active

$420,000

209 Cedar Lake Rd N, Minneapolis, MN 55405

5beds

3baths

5,426sqft

Est.:

Multi Family

Built in 1922

-- sqft lot

$-- Zestimate^®

$77/sqft

$-- HOA

What's special

Welcoming front porchClassic craftsman triplex

Classic Craftsman triplex in a prime Minneapolis location! Ideal for an owner-occupant looking to offset their mortgage while building equity. Situated near Bryn Mawr Park, Utepils Brewing, Animales BBQ and the Minneapolis Farmers Market, this well-maintained property offers easy access to downtown, trails, and neighborhood amenities that support strong rental demand. Unit 2 is currently vacant and features 2BR + den, renovated finishes, original hardwood floors, and a welcoming front porch—perfect for owner occupancy or easily rented at $1,300/month. Unit 1 offers 2BR + den with vintage hardwood floors, a living room fireplace, and built-in bookshelves, currently leased at $1,300/month. Unit 3 is a cozy 1BR + den with a private patio, leased at $1,150/month. Each unit has separated electric and gas service and its own private basement space with washer and dryer. A flexible, turnkey opportunity in a steadily growing neighborhood—ideal for owner-occupants or investors alike!

15 days

2,726

129

Tour with a local agent

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 5
Bathrooms: 3

Heating

Boiler, Radiator

Appliances

Laundry: In Basement, Laundry Room

Features

Basement: Daylight,Full,Unfinished

Interior area

Total structure area: 5,426
Total interior livable area: 5,426 sqft
Finished area above ground: 2,380
Finished area below ground: 0

Property

Parking

Total spaces: 3
Parking features: Detached Garage
Garage spaces: 3

Accessibility

Accessibility features: None

Features

Levels: One and One Half
Patio & porch: Front Porch, Patio
Fencing: Partial,Wood

Lot

Size: 7,841 Square Feet
Dimensions: 45 x 169
Features: Near Public Transit

Details

Foundation area: 2179
Parcel number: 2102924340175

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family

Condition

New construction: No
Year built: 1922

Utilities & green energy

Gas: Natural Gas
Sewer: City Sewer/Connected
Water: City Water/Connected

Community & HOA

HOA

Amenities included: Patio, Porch

Location

Region: Minneapolis

Financial & listing details

Price per square foot: $77/sqft
Tax assessed value: $362,400
Annual tax amount: $6,882
Date on market: 3/4/2026
Cumulative days on market: 63 days
Tenant pays: Electricity, Gas

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
3/4/2026	Listed for sale	$420,000+1.2%$77/sqft
Source: NorthstarMLS as distributed by MLS GRID #7029492 Report a problem
12/4/2025	Listing removed	$415,000$76/sqft
Source: NorthstarMLS as distributed by MLS GRID #6797759 Report a problem
11/14/2025	Price change	$415,000-1.2%$76/sqft
Source: NorthstarMLS as distributed by MLS GRID #6797759 Report a problem
10/27/2025	Price change	$420,000-4.5%$77/sqft
Source: NorthstarMLS as distributed by MLS GRID #6797759 Report a problem
10/13/2025	Listed for sale	$440,000$81/sqft
Source: NorthstarMLS as distributed by MLS GRID #6797759 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$6,511 +23.7%	$362,400 +1.5%
2024	$5,263 +3.1%	$357,000 +8.5%
2023	$5,104 +10%	$329,000 +3.8%
2022	$4,638 +17.1%	$317,000 +16.1%
2021	$3,961 -7.6%	$273,000 +12.6%
2020	$4,286 +8.2%	$242,500
2019	$3,961 -7.6%	$242,500 +10%
2018	$4,286 +10.3%	$220,500 +9.2%
2017	$3,887 -2.7%	$202,000 +15.1%
2016	$3,994 +10.8%	$175,500 -10%
2015	$3,606 -13.6%	$195,000 +15%
2014	$4,174 +0.7%	$169,500 -5%
2013	$4,144 -0.6%	$178,500 -8.5%
2012	$4,168 -11.8%	$195,000 -15%
2011	$4,728 +3%	$229,500 -10%
2010	$4,588 -11.2%	$255,000 -10.3%
2009	$5,166 +64.9%	$284,200 +61.2%
2006	$3,133 +20.3%	$176,300 +27.4%
2005	$2,605 +19.5%	$138,400 +29.1%
2004	$2,181 +19.5%	$107,200 +22.2%
2002	$1,826 -47%	$87,700
2001	$3,445	--