4550 Madison St NE, Columbia Heights, MN 55421
FOR SALE

4550 Madison St NE
Columbia Heights, MN 55421

  • 12 Beds
  • 4 Baths
  • 3,840 sqft
  • 12 Beds
  • 4 Baths
  • 3,840 sqft

$759,900

Est. Mortgage $4,662/mo*

Local Information

map showing home location
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-- mins to
Commute Destination

Description

Fantastic investment opportunity, all 4 units have 3 bedrooms per unit, located on cul-de-sac with off street parking and laundry on each level! All separate utilities per unit. Central air in all units (2010), 3 newer furnaces, New Soffits, facia and gutters (2018) 2 Newly updated units with Stainless appliances and new flooring. This is a unique 4 unit building that is a great investment. 3 units are on lease, 1 unit is month-to-month.

Home Highlights

Parking
No Info
Outdoor
No Info
A/C
Heating only
HOA
None
Price/Sqft
$198
Listed
180+ days ago

Home Details for 4550 Madison St NE

Active Status

MLS Status: Active

Interior Features

Interior Details
Basement: Daylight,Finished,Full
Beds & Baths
Number of Bedrooms: 12Number of Bathrooms: 4
Dimensions and Layout
Living Area: 3840 Square FeetFoundation Area: 1920
Appliances & Utilities
Laundry: Coin-op Laundry Owned
Heating & Cooling
Heating: Forced AirHas HeatingHeating Fuel: Forced Air
Gas & Electric
Electric: Circuit BreakersGas: Natural Gas
Levels, Entrance, & Accessibility
Levels: Multi/SplitAccessibility: None
View
No View

Exterior Features

Exterior Home Features
Roof: Asphalt
Parking & Garage
No CarportNo Attached GarageParking: Paved
Frontage
Road Frontage: City Street, Cul De Sac
Water & Sewer
Sewer: City Sewer/Connected
Finished Area
Finished Area (above surface): 1920 Square FeetFinished Area (below surface): 1920 Square Feet

Days on Market

Days on Market: 180+

Property Information

Year Built
Year Built: 1961
Property Type / Style
Property Type: Residential IncomeProperty Subtype: Quadruplex
Building
Construction Materials: Brick/Stone, StuccoNot a New ConstructionNo Additional Parcels
Property Information
Condition: Age of Property: 63Parcel Number: 263024430094

Price & Status

Price
List Price: $759,900Price Per Sqft: $198

Location

Direction & Address
City: Columbia HeightsCommunity: Julian Johnson Add
School Information
High School District: Columbia Heights

Agent Information

Listing Agent
Listing ID: 6383703

Building

Building Area
Building Area: 3840 Square Feet

Lot Information

Lot Area: 10018.8 sqft

Offer

Contingencies: None

Compensation

Buyer Agency Commission: 2.7Buyer 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, Fuel

Rental

Owner Pays: Insurance, Repairs, Taxes, Trash Collection, Water

Miscellaneous

BasementMls Number: 6383703

Additional Information

HOA Amenities: Coin-op Laundry OwnedMlg Can ViewMlg Can Use: IDX
Last check for updates: 1 day ago
Listing courtesy of Christopher E Lutter, (763) 482-1179
RE/MAX Results
Source: NorthStar MLS as distributed by MLS GRID, MLS#6383703

Price History for 4550 Madison St NE

DatePriceEventSource
06/08/2023$759,900Listed For SaleNorthStar MLS as distributed by MLS GRID #6383703
06/05/2023ListingRemovedNorthStar MLS as distributed by MLS GRID #6241897
07/29/2022$759,900Listed For SaleNorthStar MLS as distributed by MLS GRID #6241897
07/29/2022ListingRemovedNorthStar MLS as distributed by MLS GRID #5763655
05/05/2022$749,900PendingNorthStar MLS as distributed by MLS GRID #5763655
12/08/2021ListingRemovedNorthStar MLS as distributed by MLS GRID #5763655
05/25/2021$749,900Listed For SaleNorthStar MLS as distributed by MLS GRID #5763655
05/25/2021ListingRemovedNorthStar MLS as distributed by MLS GRID #5703626
03/17/2021$749,900PendingNorthStar MLS as distributed by MLS GRID #5703626
02/08/2021$749,900PriceChange
NorthStar MLS as distributed by MLS GRID #5703626
01/21/2021$779,900Listed For SaleNorthStar MLS as distributed by MLS GRID #5703626
10/13/2008$250,000Sold
N/A
06/21/2006$385,000Sold
N/A
12/23/2002$345,000Sold
N/A
11/09/1998$130,900Sold
N/A

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Property Taxes and Assessment

Year2023
Tax$6,387
Assessment$478,300
Home facts updated by county records

Comparable Sales for 4550 Madison St NE

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.47
Multi-Family Home
$424,900
10/04/23
6
4
2,504
0.18
Multi-Family Home
$351,200
12/21/23
5
2
2,031
0.16
Multi-Family Home
$330,000
10/06/23
5
2
2,031
0.42
Multi-Family Home
$699,900
06/29/23
12
8
3,669
0.51
Multi-Family Home
$350,000
01/31/24
5
2
1,958
0.52
Multi-Family Home
$349,000
08/02/23
5
2
1,908
0.54
Multi-Family Home
$335,000
02/07/24
5
2
2,112
0.55
Multi-Family Home
$335,000
02/07/24
5
2
2,112
0.53
Multi-Family Home
$408,161
12/15/23
6
2
2,550
0.89
Multi-Family Home
$435,000
07/06/23
6
4
3,134

What Locals Say about Columbia Heights

  • Tom S.
    "I live on a major business with easy access to a bus transportation hub that makes it easy to connect to other bus routes."
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  • Angela L.
    "It’s a surprisingly quiet neighborhood. I feel very safe here despite the close proximity to Minneapolis. Lots of people always out walking on their own or walking dogs. Practically every type of store you might want to shop at is less than 15 minutes away. Also, the location is very centralized to surrounding communities. I like it here."
    1
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  • Jessica D.
    "Great neighbors. Pet friendly. Police response is fast. Convenient area with a lot of shopping available nearby. "
    1
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  • Jessica D.
    "Our neighbors are tight and we look out for each other. The children are close and have grown up around each other as well."
    1
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  • Cassandra C.
    "I've lived here for almost a year now. I also have many friends that live in these area. overall it's suburban living close to there city without as much hustle and bustle. "
    1
    Flag
  • Alayna S.
    "I live here’s Nd it’s alright but there’s a lot of break ins and bad neighborhoods and very old houses. Sidewalks suck in winter "
    1
    Flag
  • Pathias M.
    "families live here, working people live here, and I get the sense that people who are here want to be here and enjoy where they live. I do too"
    2
    Flag
  • Seanrdgrs
    "I walk my dog every morning and evening and it ALWAYS seems like there are loose dogs roaming around. It can be challenging."
    0
    Flag
  • mrs. see
    "Great neighborhood both young families, singles, and long time residents. Close to public schools, shopping easy access to the freeway."
    1
    Flag
  • Mrs. B
    "I’ve lived here for over 60 years, my kids grew up here and the neighborhood is changing again. A lot of young families are moving in. Great place to raise a family. Reasonable homes close to schools and recreation areas."
    2
    Flag
  • SW3944
    "Lots of dogs live here, many people out walking them. The downside is there can be fast traffic in the neighborhood on residential streets."
    2
    Flag
  • Heather
    "quiet neighborhood for so close to the cities. nice neighbors and very close to anything you could need."
    0
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  • Laddonnawatkins
    "I'm here from Chicago and the neighborhood just feel right it's a perfect fit for me. the restaurant the stores the schools are good"
    0
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  • Elizabethkortum y. c.
    "I've lived in this neighborhood for 30 years and it is a great community. very friendly people and its very close to everything. "
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LGBTQ Local Legal Protections

Christopher E Lutter, RE/MAX Results
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
By searching Northstar MLS listings you agree to the Northstar MLS End User License Agreement
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
4550 Madison St NE, Columbia Heights, MN 55421 is a 12 bedroom, 4 bathroom, 3,840 sqft multi-family built in 1961. This property is currently available for sale and was listed by NorthStar MLS as distributed by MLS GRID on Jun 8, 2023. The MLS # for this home is MLS# 6383703.