This multi-family property offers a compelling opportunity in the heart of Minneapolis. The building includes seven bedrooms and two full bathrooms—ideal for investors or homeowners seeking additional rental income. Whether you're looking to expand your rental portfolio or live in one unit and lease the other, this building has the footprint and layout to support a variety of uses.
The property features a private driveway and includes two garage spaces, easing the challenge of parking in a lively urban neighborhood. Though it’s in need of some rehabilitation, this “diamond in the rough” holds strong potential for value-added improvements.
This property is a rare find for those with vision. Whether you’re an investor or someone handy with a paintbrush and a dream, now’s the time to turn this opportunity into something remarkable. Bring your ideas, creativity, and make it your own!
Active with contingency
$475,000
2814 Colfax Ave S, Minneapolis, MN 55408
7beds
2baths
2,824sqft
Duplex Up and Down
Built in 1907
-- sqft lot
$-- Zestimate®
$168/sqft
$-- HOA
What's special
Two garage spacesSeven bedroomsPrivate driveway
- 31 days
- 318
- 16
Zillow last checked:
Listing updated:
Listed by:
Jacqueline Sandoval 612-877-2169,
National Realty Guild
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 7118542
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 2
Heating
- Forced Air
Appliances
- Laundry: In Basement
Features
- Basement: Egress Window(s),Partially Finished,Shared Access
Interior area
- Total structure area: 2,824
- Total interior livable area: 2,824 sqft
- Finished area above ground: 2,424
- Finished area below ground: 400
Property
Parking
- Total spaces: 2
- Parking features: Detached Garage, Asphalt
- Garage spaces: 2
Accessibility
- Accessibility features: None
Features
- Levels: Two
- Patio & porch: Deck, Front Porch, Screened
- Fencing: Partial
Lot
- Size: 6,098 Square Feet
- Dimensions: 48 x 128.5
- Features: Tree Coverage - Light
Details
- Foundation area: 1062
- Parcel number: 3302924440052
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex Up and Down
Materials
- Block
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1907
Utilities & green energy
- Electric: Circuit Breakers
- Gas: Natural Gas
- Sewer: City Sewer/Connected
- Water: City Water/Connected
Community & HOA
Community
- Subdivision: Windoms Add
Location
- Region: Minneapolis
Financial & listing details
- Price per square foot: $168/sqft
- Tax assessed value: $445,800
- Annual tax amount: $6,317
- Date on market: 7/30/2026
- Cumulative days on market: 184 days
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 7/30/2026 | Listed for sale | $475,000+2.2%$168/sqft |
Source:  NorthstarMLS as distributed by MLS GRID #7118542 Report a problem | ||
| 3/17/2026 | Listing removed | $465,000$165/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6805709 Report a problem | ||
| 10/17/2025 | Listed for sale | $465,000$165/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6805709 Report a problem | ||
| 2/3/2023 | Sold | $465,000-1%$165/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6221768 Report a problem | ||
| 12/19/2022 | Pending sale | $469,900$166/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6221768 Report a problem | ||
| 12/12/2022 | Listing removed | -- |
Source: NorthstarMLS as distributed by MLS GRID #6221768 Report a problem | ||
| 9/14/2022 | Price change | $469,900-6%$166/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6221768 Report a problem | ||
| 6/30/2022 | Price change | $499,900-5.7%$177/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6221768 Report a problem | ||
| 6/17/2022 | Listed for sale | $529,900+140.9%$188/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6221768 Report a problem | ||
| 2/9/2022 | Listing removed | -- |
Source: Zillow Rental Manager Report a problem | ||
| 2/7/2022 | Listed for rent | $2,095$1/sqft |
Source: Zillow Rental Manager Report a problem | ||
| 8/28/2012 | Sold | $220,000-31.8%$78/sqft |
Source:  Lake Superior Area Realtors as distributed by MLS GRID #1919085 Report a problem | ||
| 5/9/2012 | Sold | $322,760-4.8%$114/sqft |
Source: Public Record Report a problem | ||
| 12/27/2005 | Sold | $339,000+136.4%$120/sqft |
Source: Public Record Report a problem | ||
| 12/1/1999 | Sold | $143,377$51/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $6,317 +18.3% | $445,800 +3% |
| 2024 | $5,338 -22.1% | $433,000 +5.6% |
| 2023 | $6,850 -5.6% | $410,000 -3.8% |
| 2022 | $7,253 +11.7% | $426,000 -0.2% |
| 2021 | $6,494 -5.6% | $427,000 +7.6% |
| 2020 | $6,880 +6% | $397,000 +2.1% |
| 2019 | $6,494 -5.6% | $389,000 +10% |
| 2018 | $6,880 +12.8% | $353,500 +17.6% |
| 2017 | $6,100 +3.5% | $300,500 +13.2% |
| 2016 | $5,893 +9.2% | $265,500 -10% |
| 2015 | $5,395 -13.6% | $295,000 +30.8% |
| 2014 | $6,245 +26.5% | $225,500 |
| 2013 | $4,936 0% | $225,500 -2.8% |
| 2012 | $4,938 -10.9% | $232,000 -15% |
| 2011 | $5,544 +2.9% | $273,000 -10% |
| 2010 | $5,386 -1% | $303,500 |
| 2009 | $5,439 +76% | $303,500 +31.7% |
| 2006 | $3,090 +10.8% | $230,500 +21.4% |
| 2005 | $2,790 +28.1% | $189,900 +25% |
| 2004 | $2,177 +7.2% | $151,900 +20.1% |
| 2002 | $2,031 -61.4% | $126,500 |
| 2001 | $5,263 | -- |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: Lowry Hill East
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