Minneapolis, MN 55408,3443 Colfax AVE S
Minneapolis, MN 55408,3443 Colfax AVE S,Video Tour
Minneapolis, MN 55408,3443 Colfax AVE S
Minneapolis, MN 55408,3443 Colfax AVE S
Minneapolis, MN 55408,3443 Colfax AVE S
Minneapolis, MN 55408,3443 Colfax AVE S
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$ 725,000
Est. payment | /mo

3,616 SqFt


$ 725,000
Est. payment | /mo

3,616 SqFt

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Contingent

Purchase Type For Sale

Square Footage 3,616 sqft

Price per Sqft $200

Subdivision Remingtons 2Nd Add

MLS Listing ID 6701512

Year Built 1900

Annual Tax Amount $8,952

Tax Year 2024

Contingent Inspection

Lot Size 5,227 Sqft

Acres 0.12

Lot Dimensions 42x129

Property Sub-Type Quadruplex

Property Description

Welcome to 3443 Colfax Ave S, MPLS! A well-maintained, fully leased 4-plex offering strong cash flow in one of Minneapolis' most desirable neighborhoods. Annual income is $73,308 (monthly income is $6,109).

Perfect for an investor or an owner-occupant— a 2-BR unit is month-month. A true plug-and-play asset in the heart of Uptown.

Tucked on a quiet street just steps from King's Highway and the Lyndale Rose Garden, the location offers the perfect blend of urban convenience and neighborhood charm.

The building includes:
One 3-bedroom, 2-bath unit
Two 2-bedroom, 1-bath units
One 1-bedroom, 1-bath unit

Plus a 2-car detached garage (rented for $225/month)

All units feature updated appliances, flooring, fixtures, and fresh paint, with regular annual refreshes to maintain appeal and rental demand. Coin-operated laundry in the lower level provides added income. Come check out this fantastic opportunity!

Location

State MN

County Hennepin

Zoning Residential-Multi-Family

Rooms

Basement Full, Shared Access, Storage/Locker, Storage Space, Unfinished

Interior

Heating Baseboard, Hot Water

Fireplace No

Exterior

Parking Features Detached, Asphalt

Garage Spaces 2.0

Fence None

Roof Type Age 8 Years or Less

Building

Lot Description Some Trees, Underground Utilities

Story More Than 2 Stories

Foundation 1438

Sewer City Sewer/Connected

Water City Water/Connected

Level or Stories More Than 2 Stories

Structure Type Brick/Stone,Stucco

New Construction false

Schools

School District Minneapolis

Others

Virtual Tour https://my.matterport.com/show/?m=PyZm6Qd21na&mls=1

Listed by Matt Boys • Fox Realty

Learn More About LPT Realty

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3443 Colfax AVE S