3443 Colfax Ave  S, Minneapolis, MN 55408
SOLDAUG 1, 2023

3443 Colfax Ave S
Minneapolis, MN 55408

Calhoun
  • 8 Beds
  • 5 Baths
  • 3,616 sqft
  • 8 Beds
  • 5 Baths
  • 3,616 sqft

$709,200

Last Sold: Aug 1, 2023
1% over list $700K
$196/sqft
Est. Refi. Payment $4,524/mo*

Homes for Sale Near 3443 Colfax Ave S

Local Information

map showing home location
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-- mins to
Commute Destination

Description

This property is no longer available to rent or to buy. This description is from August 02, 2023
Solid, well maintained 4-plex; fully rented, strong cash flow, never a vacancy - List price offers this at 7.5-8% cap rate! $6k/m rent. Great uptown location - close to everything but situated on quiet street close to Kings Hwy & Rose Garden. Units have new/newer appliances, flooring, fixtures, etc. Units refreshed yearly w/ paint, cleaning, etc. Great for investor or owner-occ - 1 unit being held avail for 3-4 weeks for potential owner-occ. Units include - 3bd 2ba, 1/1 & (2) 2/1 units. 2 car garage - each stall get's $100/m extra. LL coin op laundry included. This is a clean, neat, ready-to-roll, money maker thats been owned/cared for correctly since 2009!

Home Highlights

Parking
Garage
Outdoor
No Info
A/C
Heating only
HOA
None
Price/Sqft
$196/sqft
Listed
180+ days ago

Home Details for 3443 Colfax Ave S

Active Status

MLS Status: Closed

Interior Features

Interior Details
Basement: Full
Beds & Baths
Number of Bedrooms: 8Number of Bathrooms: 5
Dimensions and Layout
Living Area: 3616 Square FeetFoundation Area: 1438
Appliances & Utilities
Laundry: Coin-op Laundry Owned
Heating & Cooling
Heating: Baseboard,Hot WaterHas HeatingHeating Fuel: Baseboard
Gas & Electric
Gas: Natural Gas
Levels, Entrance, & Accessibility
Levels: More Than 2 StoriesAccessibility: None
View
No View

Exterior Features

Exterior Home Features
Roof: Asphalt
Parking & Garage
Number of Garage Spaces: 2Number of Covered Spaces: 2Other Parking: Garage Dimensions (20x10)No CarportHas a GarageNo Attached GarageParking Spaces: 2Parking: Detached
Frontage
Road Frontage: City Street
Water & Sewer
Sewer: City Sewer/Connected
Finished Area
Finished Area (above surface): 3616 Square Feet

Property Information

Year Built
Year Built: 1900
Property Type / Style
Property Type: Residential IncomeProperty Subtype: Apartment
Building
Construction Materials: Brick/Stone, StuccoNot a New ConstructionNo Additional Parcels
Property Information
Condition: Age of Property: 123Parcel Number: 0402824410063

Price & Status

Price
List Price: $699,900Price Per Sqft: $196/sqft
Status Change & Dates
Off Market Date: Fri Jul 14 2023

Location

Direction & Address
City: Minneapolis
School Information
High School District: Minneapolis

Building

Building Area
Building Area: 3616 Square Feet

Lot Information

Lot Area: 5227.2 sqft

Offer

Contingencies: None

Compensation

Buyer Agency Commission: 2Buyer Agency Commission Type: %Sub Agency Commission: 0Sub Agency Commission Type: %Transaction Broker Commission: 0Transaction Broker Commission Type: %
Notes
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed

Business

Expense
Tenant Pays: Cable TV, Electricity

Rental

Owner Pays: Fuel, Grounds Care, Repairs, Taxes, Trash Collection, Water

Miscellaneous

BasementMls Number: 6394900

Additional Information

HOA Amenities: Coin-op Laundry Owned,Common Garden,PatioMlg Can ViewMlg Can Use: IDX
Last check for updates: 1 day ago
Listed by Reid Lenz, (712) 330-2138
Verde Real Estate Group
Source: NorthStar MLS as distributed by MLS GRID, MLS#6394900

Price History for 3443 Colfax Ave S

DatePriceEventSource
08/01/2023$709,200Sold
NorthStar MLS as distributed by MLS GRID #6394900
07/14/2023$699,900PendingNorthStar MLS as distributed by MLS GRID #6394900
06/30/2023$699,900Listed For SaleNorthStar MLS as distributed by MLS GRID #6394900

Comparable Sales for 3443 Colfax Ave S

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.18
Multi-Family Home
$715,000
10/11/23
8
6
3,200
0.26
Multi-Family Home
$735,000
03/01/24
8
4
3,474
0.12
Multi-Family Home
$709,500
08/03/23
7
3
3,029
0.22
Multi-Family Home
$749,900
10/02/23
6
3
3,756
0.14
Multi-Family Home
$585,000
06/15/23
4
4
4,980
0.43
Multi-Family Home
$572,800
04/12/24
8
4
3,640
0.17
Multi-Family Home
$556,500
02/16/24
6
2
3,622
0.20
Multi-Family Home
$610,000
02/21/24
4
3
2,700

Neighborhood Overview

See Local Highlights
Neighborhood stats provided by third party data sources.

What Locals Say about Calhoun

  • Trulia User
    "just visiting here and looking for potential places to live very walkable area ☺️☺️☺️☺️☺️☺️☺️☺️☺️☺️ "
    0
    Flag
  • Trulia User
    "Very dog friendly. Many people rent or own and are able to have their dogs. Clean, green, welcoming. Our dogs love it! Lots of dog parks:)"
    1
    Flag
  • Kyle S.
    "It is a safe neighborhood and there are plenty of roads to go up and down and get enough exercise. And the lakes are well within range for longer walks. "
    2
    Flag
  • Unspecified
    "Freedom to be yourself in a hustling area full of restaurants, coffee shops, outdoor activities, friendly neighbors"
    16
    Flag
  • Nick C. .
    "25 min is how long my commute is these days to Burnsville one way sometimes shorter sometimes longer"
    0
    Flag
  • Garima S.
    "Charming neighborhood with lots to do. Tons of restaurants,bars etc. Friendly people and lots of parks."
    0
    Flag
  • Maggiecrapemail
    "If you can find somewhere with a parking spot, DO IT because parking in this area is terrible. Prepare to have you car broken into. "
    0
    Flag

LGBTQ Local Legal Protections

Based on information submitted to the MLS GRID as of 2024-02-12 13:39:47 PST. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. Click here for more information
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The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Homes for Rent Near 3443 Colfax Ave S

Off Market Homes Near 3443 Colfax Ave S

3443 Colfax Ave S, Minneapolis, MN 55408 is a 8 bedroom, 5 bathroom, 3,616 sqft multi-family built in 1900. 3443 Colfax Ave S is located in Calhoun, Minneapolis. This property is not currently available for sale. 3443 Colfax Ave S was last sold on Aug 1, 2023 for $709,200 (1% higher than the asking price of $699,900). The current Trulia Estimate for 3443 Colfax Ave S is $735,500.