3443 Colfax AVE S Active Save Request In-Person Tour Request Virtual Tour
Minneapolis,MN 55408
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 5,054 sqft
Price per Sqft $143
Subdivision Remingtons 2Nd Add
MLS Listing ID 6701512
Style (MF) Four Plex
Bedrooms 8
Year Built 1900
Annual Tax Amount $8,952
Lot Size 5,227 Sqft
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
Community Remingtons 2Nd Add
Interior
Heating Baseboard,Hot Water
Laundry Common Area,In Basement
Exterior
Parking Features Detached Garage,Driveway - Asphalt
Garage Spaces 2.0
Roof Type Age 8 Years or Less
Building
Lot Description Tree Coverage - Light,Underground Utilities
Water City Water/Connected
Others
Acceptable Financing Cash,Conventional,FHA,VA
Listing Terms Cash,Conventional,FHA,VA
Virtual Tour https://my.matterport.com/show/?m=PyZm6Qd21na&mls=1