3443 Colfax AVE S Contingent Save Request In-Person Tour Request Virtual Tour
Minneapolis,MN 55408
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