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!
Closed
$730,000
3443 Colfax Ave S, Minneapolis, MN 55408
8beds
5baths
3,616sqft
Quadruplex
Built in 1900
-- sqft lot
$731,000 Zestimate®
$202/sqft
$2,609 Estimated rent
Home value
$731,000
$673,000 - $797,000
$2,609/mo
Zestimate® history
Owner options
List your home for rent
$2,609/mo
Rent Zestimate®
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$2,609/mo
Rent Zestimate®
Refinance and save
$4,631/mo
Est. payment
Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.
$4,631/mo
Est. payment
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List your homeWhat's special
Detached garageUpdated appliancesFresh paint
Zillow last checked:
Listing updated:
Listed by:
Matt Boys 952-380-8456,
Fox Realty
Bought with:
Malee Vang
Engel & Volkers Minneapolis Downtown
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 6701512
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 5
Heating
- Baseboard, Hot Water
Appliances
- Laundry: In Basement, Common Area, Coin-op Laundry Owned
Features
- Basement: Full,Shared Access,Storage/Locker,Storage Space,Unfinished
Interior area
- Total structure area: 3,616
- Total interior livable area: 3,616 sqft
- Finished area above ground: 3,616
- Finished area below ground: 0
Property
Parking
- Total spaces: 2
- Parking features: Detached Garage, Asphalt
- Garage spaces: 2
- Details: Garage Dimensions (20x10)
Accessibility
- Accessibility features: None
Features
- Levels: More Than 2 Stories
- Patio & porch: Patio
- Pool features: None
- Fencing: None
Lot
- Size: 5,227 Square Feet
- Dimensions: 42 x 129
- Features: Tree Coverage - Light
Details
- Foundation area: 1438
- Parcel number: 0402824410063
- Zoning description: Residential-Multi-Family
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
Materials
- Roof: Age 8 Years or Less
Condition
- New construction: No
- Year built: 1900
Utilities & green energy
- Electric: Circuit Breakers, Power Company: Xcel Energy
- Gas: Electric, Natural Gas
- Sewer: City Sewer/Connected
- Water: City Water/Connected
- Utilities for property: Underground Utilities
Community & HOA
Community
- Subdivision: Remingtons 2nd Add
HOA
- Amenities included: Coin-op Laundry Owned, Common Garden, Patio
Location
- Region: Minneapolis
Financial & listing details
- Price per square foot: $202/sqft
- Tax assessed value: $627,000
- Annual tax amount: $8,952
- Date on market: 4/11/2025
- Cumulative days on market: 110 days
- Tenant pays: Broadband, Cable TV, Electricity, Other, Parking Fee
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 9/3/2025 | Sold | $730,000+1.4%$202/sqft |
Source:  NorthstarMLS as distributed by MLS GRID #6701512 Report a problem | ||
| 7/30/2025 | Pending sale | $720,000$199/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6701512 Report a problem | ||
| 6/13/2025 | Price change | $720,000-0.7%$199/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6701512 Report a problem | ||
| 4/11/2025 | Listed for sale | $725,000+2.2%$200/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6701512 Report a problem | ||
| 12/7/2024 | Listing removed | $1,875$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 11/25/2024 | Listed for rent | $1,875$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 11/25/2024 | Listing removed | $1,875$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 11/9/2024 | Price change | $1,875-5.1%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 11/5/2024 | Listed for rent | $1,975$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 11/2/2024 | Listing removed | $1,975$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 10/4/2024 | Listed for rent | $1,975+1.3%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 8/1/2023 | Sold | $709,200+1.3%$196/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6394900 Report a problem | ||
| 7/14/2023 | Pending sale | $699,900$194/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6394900 Report a problem | ||
| 6/30/2023 | Listed for sale | $699,900+133.3%$194/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6394900 Report a problem | ||
| 6/27/2022 | Listing removed | -- |
Source: Zillow Rental Manager Report a problem | ||
| 6/18/2022 | Listed for rent | $1,950+8.4%$1/sqft |
Source: Zillow Rental Manager Report a problem | ||
| 7/4/2021 | Listing removed | -- |
Source: Zillow Rental Manager Report a problem | ||
| 6/16/2021 | Listed for rent | $1,799 |
Source: Zillow Rental Manager Report a problem | ||
| 3/3/2021 | Listing removed | -- |
Source: Owner Report a problem | ||
| 7/22/2020 | Listing removed | $1,799 |
Source: Owner Report a problem | ||
| 6/26/2020 | Listed for rent | $1,799 |
Source: Owner Report a problem | ||
| 6/18/2019 | Listing removed | $1,799 |
Source: Owner Report a problem | ||
| 6/8/2019 | Listed for rent | $1,799+5.9% |
Source: Owner Report a problem | ||
| 7/18/2018 | Listing removed | $1,699 |
Source: Owner Report a problem | ||
| 7/9/2018 | Price change | $1,699-5.6% |
Source: Owner Report a problem | ||
| 6/18/2018 | Listed for rent | $1,799 |
Source: Owner Report a problem | ||
| 3/12/2009 | Sold | $300,000-41.7%$83/sqft |
Source:  Lake Superior Area Realtors as distributed by MLS GRID #1689119 Report a problem | ||
| 9/14/2004 | Sold | $514,200+83.6%$142/sqft |
Source: Public Record Report a problem | ||
| 12/3/1999 | Sold | $280,000$77/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $11,997 +34% | $627,000 -5% |
| 2024 | $8,952 -3.4% | $660,000 +8.9% |
| 2023 | $9,271 -10.2% | $606,000 -2.6% |
| 2022 | $10,323 +4.4% | $622,000 -5% |
| 2021 | $9,890 -2.8% | $654,500 +233.2% |
| 2020 | $10,172 +2.9% | $196,400 +5% |
| 2019 | $9,890 -2.8% | $187,100 +5% |
| 2018 | $10,172 +12.2% | $178,200 -65.9% |
| 2017 | $9,066 +1.1% | $523,000 +10% |
| 2016 | $8,966 +7.3% | $475,500 +17.7% |
| 2015 | $8,358 +13.5% | $404,000 +4.5% |
| 2014 | $7,366 -2.8% | $386,500 |
| 2013 | $7,579 -15% | $386,500 -16.3% |
| 2012 | $8,919 -2% | $461,500 -5% |
| 2011 | $9,098 +7.4% | $486,000 -10% |
| 2010 | $8,473 -1.9% | $540,000 +3.3% |
| 2009 | $8,640 +19.4% | $523,000 +14.2% |
| 2006 | $7,235 -3.5% | $458,000 +1.8% |
| 2005 | $7,498 +26.6% | $450,000 +20% |
| 2004 | $5,923 -37.4% | $375,000 -5.8% |
| 2002 | $9,465 -33.6% | $398,000 |
| 2001 | $14,263 | -- |
Find assessor info on the county website
Neighborhood: South Uptown
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Nearby schools
GreatSchools rating
- 6/10Kenwood Elementary SchoolGrades: K-5Distance: 1.7 mi
- 1/10Anwatin Middle Com & Spanish D IGrades: 6-8Distance: 2.7 mi
- 3/10North Academy Senior HighGrades: 9-12Distance: 3.8 mi
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Estimated market value
$731,000
Get a cash offer in 3 minutes
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Estimated market value
$731,000
- Minnesota
- Hennepin County
- Minneapolis
- 55408
- South Uptown
- 3443 Colfax Ave S
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