1944 Cedar Lake Parkway, Minneapolis, MN 55416

$975,000 Asking Price

3 beds
2 baths
2,289  sqft
Built in 1911

A FANTASTIC TEAR-DOWN OPPORTUNITY with breathtaking views of Cedar Lake and the Minneapolis skyline! Situated on prestigious Cedar Lake Parkway and facing east, this premier lot offers unparalleled potential. The City of Minneapolis has reviewed a proposal for a modern triplex as part of their preliminary approval process, making this an incredible opportunity to build your dream home or a high-value investment property. Nestled in one of Minneapolis' most desirable neighborhoods, this lot combines tranquil natural surroundings with urban convenience, just minutes from downtown. The property currently includes a home and a detached two-car garage with additional parking, offering flexibility as you plan your build. With direct access to walking and biking trails and the serene beauty of Cedar Lake steps away, this is your chance to create a truly unique and stunning property. Don’t miss this rare opportunity in a highly sought-after location!

Features & Amenities

Interior

Rooms:
Living Room, Dining Room, Family Room, Bedroom 1, Bedroom 2, Bedroom 3
Master Bath:
3/4 Basement,Main Floor Full Bath
Dining:
Separate/Formal Dining Room
Basement:
Block, Daylight/Lookout Windows, Partially Finished, Walkout
A/C:
Central Air
Heating:
Forced Air
Fireplace:
Wood Burning, Fireplace, Fireplaces: 2

Exterior

Pool:
None
Parking:
Detached, Asphalt, Garage Door Opener

Construction

Roofing:
Asphalt
General:
One and One Half

Location

Road/Access:
City Street, Paved Streets
HOA Amenities:
0.0
Originating MLS:
northstar
School District:
Minneapolis
County:
Hennepin

Lot

Zoning:
2902924330011
View:
East

Utilities

Water:
City Water/Connected
Sewer:
City Sewer/Connected

Financial

Source:
northstar

This listing courtesy of:
Edina Realty, Inc.

About Minneapolis, MN

Housing

Number of Units
501,191
Median Home Value
$295,889
Median Rent
$1,111

41.20% of housing units are renter occupied.

4.62% are vacant.

Commute

Car
57.04%
Public Transportation
5.26%
Walk to Work
2.90%
Work from Home
32.97%
Other
0.69%

The median travel time to work is 17 minutes.

People

Population
1,128,226
Median Age
37.20
Median Household Size
2.55

Education

High School
18.39%
Associate’s Degree
8.82%
Bachelor’s Degree
30.05%
Graduate Degree
17.16%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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