1948 Drew Avenue S, Minneapolis, MN 55416 - MLS# 7087411
$749,900
Gorgeous center hall colonial charmer located in one of the city's most sought after Neighborhood pockets steps away from Cedar Lake and Cedar Lake Point Beach. Enjoy the Scenic biking and walking trails and paths on the lakes which connect with the coveted chain Of lakes including, Lake of the Isles, Bde Maka Ska, and Lake Harriet. Cedar Lake has two popular beaches a short stroll from your front door. Ride your bikes on the Cedar Lakes Regional Trails downtown To catch a Twins game... This home has a well-designed Northstar gourmet kitchen along with a separate Pantry closet and wonderful informal eating area. View the delightful rear yard while visiting in your kitchen. Both the first level and the upper level have oak hardwood floors. Three bedrooms up. Two with walk-in closets. (There is a room in the lower level which could easily be made into a 4th br.) Main floor has a very spacious living Room, formal dining, and a four-season porch/sunroom plus an office/den. The windows throughout the home are Anderson and Marvin. New roof in 2023. Gorgeous, stamped driveway designed to go from the front street all The way to the rear alley. Two and a half car concrete block garage 27' x 21' has had three cars in it at times. The garage has a Full loft up above with carriage doors opening out to the alley and a stairway up inside the garage. Come live the city lakes Lifestyle in style.
Interior Information
Size & Levels
Bathrooms
Rooms
Main Level Rooms
Upper Level Rooms
Lower Level Rooms
Exterior & Parking
Lot & Utilities
Financial & Tax Information
Neighborhood at a Glance
In this neighborhood, homes were most commonly built in 1939 or earlier, about 86% of occupied homes are owner-occupied, and the average commute is 17 minutes.
Cost of Ownership
Median home value
$492,700
Higher than the Minneapolis median
The midpoint of estimated values for owner-occupied homes.
Median property taxes paid
$6,248/yr
Higher than the Minneapolis median
The midpoint of annual property taxes paid by homeowners.
Typical monthly owner costs (with mortgage)
$2,637/mo
Higher than the Minneapolis median
Median monthly housing costs for owners with a mortgage.
Typical monthly owner costs (no mortgage)
$851/mo
Similar to the Minneapolis median
Median monthly housing costs for owners without a mortgage.
Median rent
$1,677/mo
Higher than the Minneapolis median
The midpoint of monthly gross rent, including utilities.
Homes in the Area
Owner-occupied homes
86%
Higher than Minneapolis overall
The share of occupied homes lived in by their owners.
Median year built
1938
Similar to the Minneapolis median
The midpoint of years when homes in the area were built.
Home age by decade
The share of homes built during each period.
- 2000-20094%
- 1960-19697%
- 1950-19598%
- 1940-194916%
- 1939 or earlier52%
Types of homes
The share of housing units in each building type.
- Single-family detached85%
- Townhome / attached4%
Getting Around
Average commute
17 min
Lower than the Minneapolis median
The average one-way travel time to work for commuters.
How people get to work
The share of workers using each listed way to get to work.
- Drive alone42%
- Carpool10%
- Walk or bike7%
- Work from home36%
Homes with broadband
99%
Higher than Minneapolis overall
The share of households with a broadband internet subscription.
