The listing facts are current enough for an initial property review.
5000 Cedar Ave S
Listing Notes
Overlooking the park at Lake Nokomis Beach, with immediate access to Minnehaha Creek and Minneapolis incredible trail system, this romantic 1930s Tudor is seeking its next stewards. Originally built as a single family home and later redesigned as a dignified double bungalow, charm and character carry throughout, with light filled interiors, generous room sizes, cozy alcoves, and a natural flow between living, dining, and sleeping spaces. A large main floor family room anchors the home. Coved plaster ceilings, elegant hardware, 1 panel miracle doors, and beautifully preserved white oak and fir floors pair with a perfectly preserved, buttery Art Deco bathroom, while the kitchen features solid surface countertops and newer appliances. Updates are thoughtfully integrated. With three finished floors of distinct spaces, the layout is well suited to a variety of arrangements, whether owner occupying with additional rental income, creating space for guests, or supporting multigenerational use. Additional highlights include a private cedar fenced yard with patio, two attached tuckunder garage stalls, new roof and gutters, updated mechanicals, and fresh paint throughout along with new stucco, making the home truly move in ready. Schedule your showing today!
Market Insights
$190/sqft vs a nearby median of $270/sqft.
- -30% versus the nearby median price per square foot.
- Price history is limited, so current comps matter more than trend alone.
- 3,284 sqft creates a usable price-per-square-foot read.
Pricing Read
Asking price is about 44.3% below the fair value — likely to draw competing offers if it's still on market.
- Pre-war character+$22k +2.5%
Property Read
The asking price per square foot is below the nearby median, which can be worth a closer comp check.
Price history is still limited; review again as more market activity becomes available.
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Generated from the facts shown on this page and nearby market data. Not a professional appraisal.
Listing Details
- Days on market
- 8 days
- Last price change
- No change recorded
- Listed
- May 5, 2026
- Photos
- 51 photos
- Property type
- multi family
- Status
- for sale
- Last sold
- Jun 21, 2021 · $551,500
- Garage
- 2 spaces