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3509 Cedar Ave

Minneapolis, MN 55407

5 bd 3 ba 2,257 sqft Built 1900 Lot 6,098 sqft multi_family
Most recent sale
$414,900
Apr 19, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 1, 2026 Sold $316,500 NorthstarMLS
Feb 27, 2026 Price changed $316,500 NorthstarMLS
Dec 17, 2025 Price changed $332,500 NorthstarMLS
Nov 13, 2025 Listed $350,000 NorthstarMLS
Feb 14, 2025 Listed $424,900 NorthstarMLS
Nov 27, 2024 Listed $425,000 NorthstarMLS
Apr 19, 2022 Sold $414,900 MLS #6143424
Mar 10, 2022 Listed $389,900 MLS #6143424
Jun 30, 2018 Sold $230,000 MLS #4964389
Jun 7, 2018 Listed $239,900 MLS #4964389
Jun 4, 2015 Listing removed $65,000 NorthstarMLS
Jul 2, 2013 Listing removed $118,000 NorthstarMLS
May 21, 2013 Relisted $118,000 MLS #4316955
Feb 7, 2013 Listing removed $119,000 NorthstarMLS
Nov 17, 2012 Listing removed $135,000 NorthstarMLS
Nov 12, 2012 Listed $135,000 MLS #4316955
Jun 13, 2011 Listing removed $129,000 NorthstarMLS
Jan 22, 2010 Listed $129,000 MLS #3874191
Jul 17, 2009 Price changed $129,900 MLS #3691759
Jun 10, 2009 Price changed $149,900 MLS #3691759
May 28, 2009 Listed $164,900 MLS #3691759
Nov 16, 1999 Sold $62,730 Public Record
Apr 9, 1996 Sold $44,010 Public Record
Jan 29, 1995 Listed $65,000 MLS #1099110

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $229,000 $8,165
2024 $263,000 $5,881
2023 $178,000 $2,338
2022 $281,000 $38,000 $319,000 $5,418
2021 $239,500 $45,500 $285,000 $4,661
2020 $231,200 $30,300 $261,500 $4,625
2019 $182,600 $27,900 $210,500 $3,821
2018 $155,100 $27,900 $183,000 $3,357
2017 $145,100 $25,400 $170,500 $3,194
2016 $127,100 $25,400 $152,500 $2,944
2015 $107,100 $25,400 $132,500 $2,681
2014 $89,600 $25,400 $115,000 $2,582
2013 $94,700 $36,300 $131,000 $3,060
2012 $94,700 $36,300 $131,000 $2,789
2011 $92,600 $45,400 $138,000 $2,802
2010 $163,100 $45,400 $208,500 $3,955
2009 $163,100 $45,400 $208,500 $3,735
2008 $151,700 $42,700 $194,400 $2,471
2007 $141,400 $25,700 $167,100 $2,147

Property facts

Year built
1900
Property type
multi_family
Stories
2
Beds
5
Baths
3
Living area
2,257 sqft
Lot size
6,098 sqft
ZIP code
55407
City
Minneapolis
Street
Cedar Ave
Coordinates
44.93911, -93.24697

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$3,386
Gross rental yield
9.79%
Implied cap rate
6.37%
Trend-extrapolated value

Frequently asked questions

When did 3509 Cedar Ave last sell?
3509 Cedar Ave most recently sold on Apr 19, 2022 for $414,900.
What is the current tax assessment for 3509 Cedar Ave?
The most recent total assessment for 3509 Cedar Ave (year 2025) is $229,000 with $8,165 in property tax.
How does 3509 Cedar Ave's assessment compare to its last sale price?
The current assessment is 44.8% below the last sale price of $414,900.
When was 3509 Cedar Ave built?
3509 Cedar Ave was built in 1900.
How does 3509 Cedar Ave compare to others on Cedar Ave?
We track 8 other properties on Cedar Ave. Browse the list under "Other properties on Cedar Ave" to compare beds, baths, and sale history.
What are the property facts for 3509 Cedar Ave?
3509 Cedar Ave is a 5 bed, 3 bath, 2,257 sqft, 6,098 sqft lot multi_family.
Is 3509 Cedar Ave a flip candidate?
No — 3509 Cedar Ave does not appear in our flips dataset.
Is 3509 Cedar Ave a tax-appeal candidate?
No — 3509 Cedar Ave is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-1.4%
Implied 1-yr
-5.4%
2026 Q3
$280.3K
2026 Q4
$276.1K
ZIP 55407 — Median Price History + Forecast

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