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    • $492,000

    2729 Colfax Ave S, Minneapolis, MN 55408

    4beds
    2baths
    2,580sqft
    Duplex Up and Down
    Built in 1906
    -- sqft lot
    $492,800 Zestimate®
    $191/sqft
    $1,941 Estimated rent

    Home value

    $492,800

    $468,000 - $517,000

    $1,941/mo

    Zestimate® history

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    $2,560/mo

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    What's special

    Private fenced backyardHardwood floorsExcellent sunlight exposureOriginal woodwork with built-insUpdated kitchens
    Spectacular duplex offering prime Wedge Community location! Enjoy the beautiful hardwood floors, spacious living rooms, updated kitchens, new mechanicals, new roof, abundant storage and original woodwork with built-ins. The main floor unit offers a bonus sun room or den option while the upper unit offers a large 3 season porch. Other highlights of this investment opportunity include: Private fenced backyard, excellent sunlight exposure with a sun filled deck - perfect for BBQ's and hosting outdoor gatherings and a 2-car garage. This property has been continuously updated by the same owner for 45 years and provides an owner occupied or investment opportunity. Take advantage of the prime location - close to city lakes, downtown Minneapolis, Greenway, coffee shops, restaurants and freeway access. Pride of ownership!

    Zillow last checked:

    Listing updated:

    Listed by:

    Jonathan L Sells 612-327-6240,

    Edina Realty, Inc.

    Bought with:

    Sean Barnard

    RE/MAX Results

    Source: NorthstarMLS as distributed by MLS GRID,MLS#: 7109957MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 2
    Heating
    • Boiler
    Appliances
    • Laundry: Common Area, Lower Level
    Features
    • Basement: Full,Storage/Locker,Storage Space
    Interior area
    • Total structure area: 3,870
    • Total interior livable area: 2,580 sqft
    • Finished area above ground: 2,580
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 2
    • Parking features: Detached Garage, Concrete, Garage Door Opener
    • Garage spaces: 2
    • Has uncovered spaces: Yes
    Accessibility
    • Accessibility features: None
    Features
    • Levels: Two
    • Patio & porch: Deck, Front Porch
    • Pool features: None
    • Fencing: Wood
    Lot
    • Size: 4,356 Square Feet
    • Dimensions: 34 x 129
    • Features: Near Public Transit
    Details
    • Foundation area: 1290
    • Parcel number: 3302924410109
    • Zoning description: Residential-Multi-Family

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Duplex Up and Down
    Materials
    • Block, Frame
    • Roof: Age 8 Years or Less,Architectural Shingle
    Condition
    • New construction: No
    • Year built: 1906

    Utilities & green energy

    • Electric: Circuit Breakers, Power Company: Xcel Energy
    • Gas: Natural Gas
    • Sewer: City Sewer/Connected
    • Water: City Water/Connected

    Community & HOA

    HOA
    • Amenities included: Deck
    Location
    • Region: Minneapolis

    Financial & listing details

    • Price per square foot: $191/sqft
    • Tax assessed value: $471,500
    • Annual tax amount: $9,347
    • Date on market: 7/16/2026
    • Cumulative days on market: 59 days
    • Tenant pays: Electricity, Gas
    • Road surface type: Paved

    Price history

    DateEventPrice
    10/1/2026Sold$492,000-1.6%$191/sqft
    Source: NorthstarMLS as distributed by MLS GRID #7109957 Report a problem
    8/26/2026Pending sale$499,900$194/sqft
    Source: NorthstarMLS as distributed by MLS GRID #7109957 Report a problem
    8/6/2026Price change$499,900-2%$194/sqft
    Source: NorthstarMLS as distributed by MLS GRID #7109957 Report a problem
    7/24/2026Price change$509,900-2.9%$198/sqft
    Source: NorthstarMLS as distributed by MLS GRID #7109957 Report a problem
    7/16/2026Listed for sale$524,900$203/sqft
    Source: NorthstarMLS as distributed by MLS GRID #7109957 Report a problem
    7/15/2026Listing removed$524,900$203/sqft
    Source: NorthstarMLS as distributed by MLS GRID #7071473 Report a problem
    5/29/2026Pending sale$524,900$203/sqft
    Source: NorthstarMLS as distributed by MLS GRID #7071473 Report a problem
    5/11/2026Listed for sale$524,900$203/sqft
    Source: NorthstarMLS as distributed by MLS GRID #7071473 Report a problem
    6/27/2024Listing removed--
    Source: Zillow Rentals Report a problem
    6/10/2024Listed for rent$1,800$1/sqft
    Source: Zillow Rentals Report a problem
    7/12/2022Listing removed--
    Source: Zillow Rental Manager Report a problem
    7/7/2022Price change$1,800-2.7%$1/sqft
    Source: Zillow Rental Manager Report a problem
    7/1/2022Listed for rent$1,850+23.3%$1/sqft
    Source: Zillow Rental Manager Report a problem
    3/8/2021Listing removed--
    Source: Zillow Rental Manager Report a problem
    3/5/2021Listed for rent$1,500$1/sqft
    Source: Zillow Rental Manager Report a problem
    1/29/2021Listing removed--
    Source: Owner Report a problem
    4/9/2019Listing removed$1,500$1/sqft
    Source: Owner Report a problem
    4/6/2019Listed for rent$1,500+25%$1/sqft
    Source: Owner Report a problem
    8/15/2014Listing removed$1,200
    Source: REI Real Estate and Property Management, LLC Report a problem
    8/2/2014Listed for rent$1,200
    Source: REI Real Estate and Property Management, LLC Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2026$11,303 +10.4%$471,500 -4.6%
    2025$10,237 +31.3%$494,100 +9.8%
    2024$7,795 -3.5%$450,000 -7.4%
    2023$8,078 -1.6%$486,000 -2.8%
    2022$8,210 -1.5%$500,000 +4%
    2021$8,334 -7.5%$481,000 -5.1%
    2020$9,010 +8.1%$507,000
    2019$8,334 -7.5%$507,000 +10%
    2018$9,010 +14.8%$461,000 +21.3%
    2017$7,851 +6.7%$380,000 +18.4%
    2016$7,355 +14.2%$321,000 +7.2%
    2015$6,439 +2.1%$299,500 +11.1%
    2014$6,307 +6%$269,500
    2013$5,952 +2.8%$269,500
    2012$5,791 -2.3%$269,500 -6.7%
    2011$5,924 +3%$289,000 -10%
    2010$5,754 -1%$321,000
    2009$5,811 +26.8%$321,000 +29.1%
    2006$4,582 +14.6%$248,600 +20.4%
    2005$3,999 +13.8%$206,500 +23.6%
    2004$3,514 +14.2%$167,100 +18.3%
    2002$3,076 -48.2%$141,200
    2001$5,935 --
    Find assessor info on the county website

    Neighborhood: Lowry Hill East

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    Estimated market value

    $492,800

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    Estimated market value

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