SOLD AUG 21, 2026

Sold on Aug 2026

$383,000

•

—

sq ft

237 Cedar Lake Rd N, Minneapolis, MN 55405

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About this home

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!

Multi-familyProperty Type

1924Year Built

6,969 sq ftLot Size

2 car garageParking

Listed by Benjamin Mezzenga • Northstar Real Estate Associates

Redfin checked: a minute ago

•Source:NORTHSTARMLS as Distributed by MLS Grid #7116964

Redfin Estimate

$394,620

$12K since sold in August 2026$13K since August

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 7.6% higher than the average sale price ($367K) of 6 comparable homes.

SOLD APR 3, 2026
$453,000
A
5 beds3 baths— sq ft
1110 Thomas Ave N, Minneapolis, MN 55411
SOLD AUG 18, 2026
$425,000
B
5 beds3 baths— sq ft
1004 Sheridan Ave N, Minneapolis, MN 55411
SOLD APR 27, 2026
$315,000
C
4 beds3 baths— sq ft
1211 Vincent Ave N, Minneapolis, MN 55411
SOLD SEP 15, 2026
$389,000
D
4 beds3 baths— sq ft
1500 Vincent Ave N, Minneapolis, MN 55411
SOLD FEB 6, 2026
$340,500
E
5 beds3 baths— sq ft
712 Elwood Ave N, Minneapolis, MN 55411
SOLD AUG 21, 2026
$277,000
F
4 beds3 baths— sq ft
1915 Glenwood Ave, Minneapolis, MN 55405

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Market trends in 55405, MN

Last updated August 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-List Price

98.5%

1.0% MoM

Median sale price

$504K

$13K MoM

Avg. days on market

23d

0 days MoM

Recently sold homes

3 MoM

New listings for sale

$89,999
1 bed1 bath568 sq ft
2212 Aldrich Ave S #106, Minneapolis, MN 55405
$360,000
3 beds2 baths2,211 sq ft
2542 Garfield Ave, Minneapolis, MN 55405
$1,890,000
5 beds4 baths5,027 sq ft
2308 W Lake Of The Isles Pkwy, Minneapolis, MN 55405
$499,000
5 beds2 baths2,642 sq ft
2024 Harriet Ave, Minneapolis, MN 55405
$2,650,000
5 beds5 baths5,959 sq ft
2116 W Lake Of The Isles Pkwy, Minneapolis, MN 55405
$70,000
1 bed1 bath551 sq ft
2446 Aldrich Ave S #107, Minneapolis, MN 55405
$509,900
6 beds3 baths3,436 sq ft
2209 Aldrich Ave S, Minneapolis, MN 55405
$375,000
2 beds2 baths1,506 sq ft
290 Market St #608, Minneapolis, MN 55405
3D WALKTHROUGH
$650,000
4 beds2 baths1,928 sq ft
313 Vincent Ave N, Minneapolis, MN 55405
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Sale and tax history for 237 Cedar Lake Rd N

Sale History
Tax History

Date

Event

Price

NORTHSTARMLS as Distributed by MLS Grid #7116964

Aug 21, 2026

Pending

—

Aug 21, 2026

Sold

$383,000

Aug 19, 2026

Relisted

—

Aug 17, 2026

Contingent

—

Aug 11, 2026

Price Changed

$415,000

Aug 6, 2026

Price Changed

$429,000

Aug 3, 2026

Listed

$445,000

Jul 28, 2026

Coming Soon

$445,000

NORTHSTARMLS as Distributed by MLS Grid #6230400

Sep 15, 2022

Sold

$375,000

Aug 25, 2022

Pending

—

Jul 12, 2022

Relisted

—

Jul 11, 2022

Contingent

—

Jul 1, 2022

Listed

$380,000

+25

Add this cash cow duplex to your portfolio or live in one and rent the other out. This property has been meticulously maintained and updated throughout the years. Duplex has a front and a back unit with two-stall garage for each of the tenants. Back Unit in 2011, the home was completely remodeled from studs in. More recent updates in 2022 includes - two new bedrooms, new kitchen, new flooring, new forced air, upgraded electrical writing to 200 amps. This unit 2 bedrooms and 2 bathrooms. Front Unit has similar upgrades - in 2011. Upgraded electrical writing to 200 amps (2022). Consist of 3 bedrooms and 2 bathrooms. Close to 394/94. Rents are between $1600-$2000.

NORTHSTARMLS as Distributed by MLS Grid #6088552

Dec 7, 2021

Listing Removed

—

Nov 27, 2021

Contingent

—

Oct 1, 2021

Price Changed

$330,000

Aug 23, 2021

Listed

$340,000

NORTHSTARMLS as Distributed by MLS Grid #4047623

Jul 15, 2011

Listing Removed

—

May 16, 2011

Listed

$81,900

NORTHSTARMLS as Distributed by MLS Grid #1452198

Dec 16, 1999

Sold

$93,000

Dec 15, 1999

Listing Removed

—

Aug 2, 1999

Listed

$99,900

Public Records

Dec 9, 1997

Sold

$75,900

NORTHSTARMLS as Distributed by MLS Grid #1276066

Sep 2, 1997

Listing Removed

—

Jun 20, 1997

Listed

$85,000

Year

Property tax

Land + Additions

Assessment*

2026

$7,065 (+37.2%)

$83,000 + $289,000

$372,000

2025

$5,148 (+20.8%)

2024

$4,261 (+36.1%)

2023

$3,131 (−13.9%)

2022

$3,635 (+21.6%)

$47,000 + $167,000

$214,000

2021

$2,990 (−7.6%)

$23,000 + $160,000

$183,000

2020

$3,235 (+7.1%)

$15,300 + $167,700

$183,000

2019

$3,022 (+17.7%)

$15,300 + $151,200

$166,500

2018

$2,567 (−8.3%)

$15,300 + $124,700

$140,000

2017

$2,799 (−11.7%)

$13,900 + $120,600

$134,500

2015

$3,170 (+4.1%)

$13,900 + $128,100

$142,000

2014

$3,046 (−5.1%)

$13,900 + $112,100

$126,000

2013

$3,209 (+45.1%)

$12,600 + $119,900

$132,500

2012

$2,212

Public record

Beds

Baths

Stories

1.7

Lot width

40 ft.

Lot depth

169 ft.

Lot size

6,970 Sq. Ft.

Year renovated

—

Sq. Ft.

2,752

Year built

1924

Style

Other

County

Hennepin County

APN

21 029 24 34 0035

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Jul 21, 2026.

Property details

Parking

Parking Information
Parking Features: Covered, Concrete
Garage Spaces: 2
Garage Sq. Ft.: 530

Interior

Bedroom Information
# of Bedrooms: 5

Basement Information
Has Basement
Basement Features: Drain Tiled, Full, Sump Pump, Unfinished

Heating & Cooling
Heating Information: Forced Air

Exterior

Building Information
Foundation Area: 1,430
Roof: Age 8 Years or Less

Exterior Features
Patio Porch Type: Front Porch,Patio,Porch
Exterior Features: Stone, Stucco, Vinyl

Property Information
Above Ground Total Sq. Ft.: 2,600
Below Ground Total Sq. Ft.: 500
FractionalOwnershipYN: No
Owner Occupied: No
Property Type: Residential Income
Property Sub Type: Duplex Side by Side
Above Grade Finished Area: 2,600

Lot Information
Lot Size Area: 0.16
Lot Size Units: Acres
Lot Size Dimensions: 40x169

Financial

Tax Information
Tax Annual Amount: $7,065
Tax Year: 2026
Tax With Assessments: $7,065

Lease / Rent Details
Rental License Type: Standard
RentalLicense Y/N: Y

Utilities

Utility Information
Water Source: City Water/Connected
Sewer: City Sewer/Connected
Fuel: Natural Gas

Location

Multi-Family Financial Information
Gross Income: $48,000

Multi-Unit Information
# of Units (Total): 2

Unit Type 1 Information
Sq. Ft.: 1,400
# of Rooms Total: 7
# of Bedrooms: 3
# of Bathrooms: 2
# of Full Bathrooms: 1
# of Three Quarter Bathrooms: 1
# of Units: 1

Unit Type 2 Information
Sq. Ft.: 1,100
# of Rooms Total: 6
# of Bedrooms: 2
# of Bathrooms: 2
# of Full Bathrooms: 1
# of Three Quarter Bathrooms: 1
# of Fireplaces: 2
# of Units: 1

Neighborhood Information
Neighborhood Number: 30

School Information
High School District: Minneapolis
School District Number: 1
School District Phone: 6126680000

Location Information
Directions: Penn Ave to Cedar Lake Rd, North to Home
Map Coordinate: 106-B2

Public facts

Beds: 3
Baths: 3.0
Sq. Ft.: 2,752
Stories: 1.7
Lot Size: 6,970 square feet
Style: Other
Year Built: 1924
Year Renovated: —
County: Hennepin County
APN: 21 029 24 34 0035

Home facts updated by county records on Jul 20, 2026

Other

Home Information
Living Area: 2600
Living Area Units: Square Feet
Main Level Finished Area: 1900
Building Area Total: 3100
Foundation Details: Block
Levels: Two

Around this home

Schools

Bryn Mawr Elementary School

Public PreK-5 • Assigned • 0.9mi

2/10

Anwatin Middle Com & Spanish D I

Public 6-8 • Assigned • 0.9mi

1/10

North Academy Senior High

Public 9-12 • Assigned • 1.0mi

3/10

Provided by GreatSchools

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

2/10 Heat Factor

7 days above 99° expected this year, 14 days in 30 years

2/10 Wind Factor

Minor risk of severe winds over next 30 years

2/10 Air Factor

1 unhealthy days expected this year, 1 days in 30 years

Provided by First Street

Historical weather

Minneapolis, MN • 55405

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

Try the sun simulator tool to see how light moves across the property at different times of day and year.

Provided by Shadowmap

Estimated sale price

$375,000 – $454,000

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Home values near 237 Cedar Lake Rd N

Data from public records.

Address	Redfin Estimate
215 Cedar Lake Road North, Minneapolis, MN 3 Beds \| 2 Baths \| - Sq. Ft.	$463,089
208 Cedar Lake Road North, Minneapolis, MN - Beds \| - Baths \| - Sq. Ft.	$72,714

Address	Redfin Estimate
204 Cedar Lake Road North, Minneapolis, MN - Beds \| - Baths \| 2880 Sq. Ft.	$566,004
217 Cedar Lake Road North, Minneapolis, MN 4 Beds \| 2 Baths \| - Sq. Ft.	$446,899

Address	Redfin Estimate
229 Cedar Lake Road North, Minneapolis, MN 3 Beds \| 1.5 Baths \| 1334 Sq. Ft.	$268,257
225 Cedar Lake Road North, Minneapolis, MN 3 Beds \| 2 Baths \| - Sq. Ft.	$345,223

Property information provided by NORTHSTARMLS as Distributed by MLS Grid when last listed in 2026. This data may not match . Learn more.

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237 Cedar Lake Rd N, Minneapolis, MN 55405

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Market trends in 55405, MN

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Sale and tax history for 237 Cedar Lake Rd N

Public record

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Parking

Interior

Exterior

Financial

Utilities

Location

Public facts

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