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  • $572,800

    3108 Colfax Ave S, Minneapolis, MN 55408

    8beds
    4baths
    3,640sqft
    Multi Family
    Built in 1900
    -- sqft lot
    $618,500 Zestimate®
    $157/sqft
    $1,943 Estimated rent

    Home value

    $618,500

    $581,000 - $656,000

    $1,943/mo

    Zestimate® history
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    $3,633/mo

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    What's special

    Terrific up/Down Duplex in the heart of Uptown. Each unit boasts 4 large bedrooms, 2 full baths, hardwood and tiled flooring and high ceilings. Fully occupied units. Unit 1 is leased through 7/30/24 and rents @ $2295/mo. Unit 2 is leased through 8/30/24 and rents @ $2495/mo. Total yearly gross rents is $57,400. Owner maintains and pays the water/sewer/trash bill and tenants reimburse monthly. Separate in-unit laundry, separate gas/electric meters. Two-story addition in back added in 2011. Furnaces/central ACs in 2011, detached 2-car + 2 additional off-street spaces in back. Insurance claim approved! All new siding, roof and gutters!

    Zillow last checked:

    Listing updated:

    Listed by:

    Laurie M Allen 612-280-8889,

    Coldwell Banker Realty - Lakes

    Bought with:

    Nicholas Hall

    Coldwell Banker Realty - Lakes

    Source: NorthstarMLS as distributed by MLS GRID,MLS#: 6475385MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 8
    • Bathrooms: 4
    Heating
    • Forced Air
    Appliances
    • Laundry: In Unit
    Features
    • Basement: Partial,Unfinished
    Interior area
    • Total structure area: 3,640
    • Total interior livable area: 3,640 sqft
    • Finished area above ground: 3,640
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 2
    • Parking features: Assigned, Detached Garage, Asphalt
    • Garage spaces: 2
    Accessibility
    • Accessibility features: None
    Features
    • Levels: Two
    • Pool features: None
    • Fencing: Chain Link,Partial
    Lot
    • Size: 5,662 Square Feet
    • Dimensions: 45 x 129
    • Features: Near Public Transit, Tree Coverage - Medium
    • Topography: Level
    Details
    • Foundation area: 1696
    • Parcel number: 0402824110128
    • Zoning description: Residential-Multi-Family

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Foundation: Stone
    • Roof: Age Over 8 Years,Asphalt
    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

    Community
    • Subdivision: Remingtons 2nd Add
    Location
    • Region: Minneapolis

    Financial & listing details

    • Price per square foot: $157/sqft
    • Tax assessed value: $523,800
    • Annual tax amount: $8,554
    • Date on market: 3/28/2024
    • Cumulative days on market: 365 days
    • Tenant pays: Broadband, Cable TV, Electricity, Gas, Other
    • Road surface type: Paved

    Price history

    DateEventPrice
    4/12/2024Sold$572,800+1.4%$157/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6475385 Report a problem
    3/28/2024Pending sale$564,900$155/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6475385 Report a problem
    3/7/2024Listing removed--
    Source: NorthstarMLS as distributed by MLS GRID #6475385 Report a problem
    1/15/2024Price change$564,900-1.7%$155/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6475385 Report a problem
    1/9/2024Listed for sale$574,900$158/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6475385 Report a problem
    1/9/2024Listing removed--
    Source: NorthstarMLS as distributed by MLS GRID #6430382 Report a problem
    10/18/2023Price change$574,900-4.2%$158/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6430382 Report a problem
    9/8/2023Listed for sale$599,900$165/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6430382 Report a problem
    9/8/2023Listing removed--
    Source: NorthstarMLS as distributed by MLS GRID #6340195 Report a problem
    7/5/2023Price change$599,900-2.4%$165/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6340195 Report a problem
    4/19/2023Price change$614,900-2.4%$169/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6340195 Report a problem
    3/8/2023Listed for sale$629,900+219.7%$173/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6340195 Report a problem
    12/2/2022Listing removed--
    Source: Zillow Rental Network Premium Report a problem
    8/17/2022Price change$2,595-3.7%$1/sqft
    Source: Zillow Rental Network Premium Report a problem
    8/1/2022Listed for rent$2,695+8%$1/sqft
    Source: Zillow Rental Network Premium Report a problem
    8/8/2019Listing removed$2,495$1/sqft
    Source: Perkins Levin Property Management Report a problem
    8/2/2019Price change$2,495-10.7%$1/sqft
    Source: Perkins Levin Property Management Report a problem
    7/5/2019Price change$2,795+7.7%$1/sqft
    Source: Perkins Levin Property Management Report a problem
    6/12/2019Price change$2,595-3.7%$1/sqft
    Source: Perkins Levin Property Management Report a problem
    6/3/2019Price change$2,695-2%$1/sqft
    Source: Perkins Levin Property Management Report a problem
    5/20/2019Listed for rent$2,750$1/sqft
    Source: Perkins Levin Property Management Report a problem
    11/23/2010Sold$197,000+18.5%$54/sqft
    Source: Lake Superior Area Realtors as distributed by MLS GRID #1694221 Report a problem
    10/2/2010Listed for sale$166,250-45.2%$46/sqft
    Source: NRT Minneapolis #3976370 Report a problem
    3/20/2002Sold$303,500+64.1%$83/sqft
    Source: Public Record Report a problem
    7/16/1999Sold$185,000$51/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$10,016 +13.3%$523,800 -4.9%
    2024$8,844 +3.4%$551,000 -0.5%
    2023$8,554 -5.2%$554,000 +4.1%
    2022$9,019 -0.5%$532,000 +0.2%
    2021$9,069 -1%$531,000 -4.2%
    2020$9,161 +1%$554,500 +7%
    2019$9,069 -1%$518,000 +12%
    2018$9,161 +19.9%$462,500 +15.2%
    2017$7,639 +1.5%$401,500 +15%
    2016$7,523 +11.6%$349,000
    2015$6,740 -4.6%$349,000 +5%
    2014$7,064 -7.8%$332,500 -5%
    2013$7,661 +65%$350,000 +66.7%
    2012$4,644 -36.2%$210,000 -41.4%
    2011$7,279 +1%$358,500 -10%
    2010$7,206 -1%$398,500
    2009$7,280 +29.1%$398,500 +25.7%
    2006$5,638 +15.2%$317,100 +18.1%
    2005$4,894 +18%$268,400 +26.5%
    2004$4,146 +19.4%$212,200 +21.7%
    2002$3,472 -36.7%$174,300
    2001$5,487 --
    Find assessor info on the county website

    Neighborhood: South Uptown

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $618,500
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    Estimated market value
    $618,500