A prime opportunity for owner-occupants or investors, this classic 1900s duplex at 2447 Colfax is situated in a vibrant neighborhood filled with parks, trails, and diverse entertainment. Recognized by the Betsy-Tacy Society for its literary significance, this historic site was once the home of author Maud Hart Lovelace’s sister and brother-in-law.
The property features expansive upper and lower wrap-around porches, a shared patio, and a two-car detached garage. Above the garage, a finished 16x19 climate-controlled studio provides additional income, currently rented for $350/month. Inside, Unit 1 ($1,700/mo) offers an open-concept layout with high ceilings, hardwood floors, and central air. Unit 2 ($2,200/mo) spans two floors, including a fully finished third-floor loft with its own kitchenette and living space. Significant updates provide peace of mind, including a 2023 roof, newer Carrier furnaces, and updated electrical. This solid, well-maintained duplex is ready for its next chapter—come see it for yourself!
Pending
$525,000
2447 Colfax Ave S, Minneapolis, MN 55405
6beds
3baths
3,151sqft
Duplex Up and Down
Built in 1900
-- sqft lot
$528,400 Zestimate®
$167/sqft
$-- HOA
What's special
Hardwood floorsTwo-car detached garageShared patioHigh ceilingsOpen-concept layoutCentral air
- 60 days |
- 110 |
- 5 |
Zillow last checked:
Listing updated:
Listed by:
Nancy L Walker 612-799-2768,
Coldwell Banker Realty - Southwest Regional
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 7068074
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 3
Heating
- Baseboard, Ductless Mini-Split, Forced Air, Humidifier, Other
Appliances
- Laundry: In Basement, Lower Level, Washer Hookup
Features
- Basement: Daylight,Full
Interior area
- Total structure area: 4,380
- Total interior livable area: 3,151 sqft
- Finished area above ground: 3,151
- Finished area below ground: 0
Property
Parking
- Total spaces: 2
- Parking features: Detached Garage, Concrete, Electric, Garage, Garage Door Opener, Heated Garage, No Int Access to Dwelling, Storage
- Garage spaces: 2
- Has uncovered spaces: Yes
- Details: Garage Dimensions (24x24), Garage Door Height (6), Garage Door Width (16)
Accessibility
- Accessibility features: None
Features
- Levels: More Than 2 Stories
- Patio & porch: Front Porch, Wrap Around
- Pool features: None
- Fencing: None
Lot
- Size: 5,662 Square Feet
- Dimensions: 45 x 128
- Features: Near Public Transit, Tree Coverage - Light
Details
- Foundation area: 672
- Parcel number: 3302924140096
- Zoning description: Residential-Multi-Family
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex Up and Down
Materials
- Roof: Age Over 8 Years,Age 8 Years or Less,Asphalt,Pitched
Condition
- New construction: No
- Year built: 1900
Utilities & green energy
- Electric: Circuit Breakers, 100 Amp Service, Power Company: Xcel Energy
- Gas: Natural Gas
- Sewer: City Sewer/Connected
- Water: City Water/Connected
Community & HOA
HOA
- Amenities included: Laundry, Patio
Location
- Region: Minneapolis
Financial & listing details
- Price per square foot: $167/sqft
- Tax assessed value: $499,500
- Annual tax amount: $9,449
- Date on market: 5/8/2026
- Cumulative days on market: 27 days
- Tenant pays: Electricity, Gas
- Road surface type: Paved
Estimated market value
$528,400
$502,000 - $555,000
$2,499/mo
Price history
| Date | Event | Price |
|---|---|---|
| 5/23/2026 | Pending sale | $525,000$167/sqft |
Source:  NorthstarMLS as distributed by MLS GRID #7068074 Report a problem | ||
| 5/8/2026 | Listed for sale | $525,000+24.3%$167/sqft |
Source: NorthstarMLS as distributed by MLS GRID #7068074 Report a problem | ||
| 10/17/2005 | Sold | $422,500+199.6%$134/sqft |
Source: Public Record Report a problem | ||
| 4/10/1996 | Sold | $141,000$45/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $8,925 +5.9% | $499,500 +1.7% |
| 2024 | $8,429 -0.5% | $491,000 -7% |
| 2023 | $8,474 -8.1% | $528,000 +0.2% |
| 2022 | $9,223 +6.2% | $527,000 -2.9% |
| 2021 | $8,685 -2% | $543,000 +2.3% |
| 2020 | $8,861 +2% | $531,000 +6% |
| 2019 | $8,685 -2% | $501,000 +10% |
| 2018 | $8,861 +17.7% | $455,500 +13.4% |
| 2017 | $7,529 +0.1% | $401,500 +20% |
| 2016 | $7,523 +16.5% | $334,500 |
| 2015 | $6,459 -4.6% | $334,500 +14.9% |
| 2014 | $6,770 +34.1% | $291,000 |
| 2013 | $5,049 -6.5% | $291,000 -8.1% |
| 2012 | $5,398 -12.6% | $316,500 -15% |
| 2011 | $6,173 +8.2% | $372,500 -5.2% |
| 2010 | $5,707 -6.3% | $393,000 -5% |
| 2009 | $6,092 +48.8% | $413,500 +39.1% |
| 2006 | $4,093 +14.1% | $297,300 +18.3% |
| 2005 | $3,588 +13.6% | $251,400 +19.5% |
| 2004 | $3,158 +19.8% | $210,300 +19.1% |
| 2002 | $2,636 -49% | $176,600 |
| 2001 | $5,168 | -- |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: Lowry Hill East
Nearby schools
GreatSchools rating
- 2/10Whittier InternationalGrades: PK-5Distance: 0.4 mi
- NAAndersen CommunityGrades: PK-8Distance: 1.6 mi
- 6/10South Senior High SchoolGrades: 9-12Distance: 2.5 mi
A local agent can set up tours, give advice and negotiate with sellers.
- Minnesota
- Hennepin County
- Minneapolis
- 55405
- Lowry Hill East
- 2447 Colfax Ave S
Nearby cities
Nearby neighborhoods
Nearby zip codes
Other Minneapolis Topics
