1% RULE! Classic 4plex! Large meticulous 1bed plus den units perfect for owner occupant or investor.
Located just blocks from the transformative Upper Harbor Terminal redevelopment! Enjoy future walking access to a brand new 20acre riverfront regional park, miles of connected bike trails, and the highly anticipated 8,000 seat First Avenue outdoor amphitheater scheduled to break ground in 2026. This is a rare opportunity to own down the street from one of Minneapolis' most significant North Side investments.
Recent upgrades make this property move-in ready: Unit #4 fully renovated 2022–2023, Unit #2 refreshed 2023, new siding 2023, furnaces in Units #3 & #4 replaced 2023 and LVP flooring throughout all units 2022–2023. Windows updated 2019–2022, full foundation tuck-pointing & chimneys 2019, electric panels 2017, parking lot 2017, with additional updates & rehab 2017. Plenty of off street parking. Seller is an investor who cares about the details, make this your next investment.
Closed
$469,000
4129 Colfax Ave N, Minneapolis, MN 55412
4beds
4baths
8,352sqft
Fourplex
Built in 1900
-- sqft lot
$468,700 Zestimate®
$56/sqft
$2,011 Estimated rent
Home value
$468,700
$436,000 - $502,000
$2,011/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
Scott Hoefler 773-318-2989,
Side by Side Realty LLC
Bought with:
Asnat Ghebremedhin
Anderson Realty
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 7046833
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
Heating
- Forced Air
Features
- Basement: Partial
Interior area
- Total structure area: 8,352
- Total interior livable area: 8,352 sqft
- Finished area above ground: 4,176
- Finished area below ground: 4,176
Property
Parking
- Parking features: Gravel
Accessibility
- Accessibility features: None
Features
- Levels: More Than 2 Stories
- Fencing: None
Lot
- Size: 6,098 Square Feet
- Dimensions: 50 x 128
Details
- Foundation area: 2160
- Parcel number: 0402924140174
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Fourplex
Materials
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1900
Utilities & green energy
- Gas: Natural Gas
- Sewer: City Sewer/Connected
- Water: City Water/Connected
Community & HOA
Community
- Subdivision: Wyoming Park Add
Location
- Region: Minneapolis
Financial & listing details
- Price per square foot: $56/sqft
- Tax assessed value: $413,000
- Annual tax amount: $7,476
- Date on market: 4/1/2026
- Cumulative days on market: 34 days
Price history
| Date | Event | Price |
|---|---|---|
| 6/15/2026 | Sold | $469,000$56/sqft |
Source:  NorthstarMLS as distributed by MLS GRID #7046833 Report a problem | ||
| 5/5/2026 | Pending sale | $469,000$56/sqft |
Source: NorthstarMLS as distributed by MLS GRID #7046833 Report a problem | ||
| 5/5/2026 | Listed for sale | $469,000$56/sqft |
Source: NorthstarMLS as distributed by MLS GRID #7046833 Report a problem | ||
| 5/5/2026 | Pending sale | $469,000$56/sqft |
Source: NorthstarMLS as distributed by MLS GRID #7046833 Report a problem | ||
| 4/13/2026 | Price change | $469,000-4.1%$56/sqft |
Source: NorthstarMLS as distributed by MLS GRID #7046833 Report a problem | ||
| 4/1/2026 | Listed for sale | $489,000+70.4%$59/sqft |
Source: NorthstarMLS as distributed by MLS GRID #7046833 Report a problem | ||
| 4/25/2017 | Sold | $287,000+474%$34/sqft |
Source: NorthstarMLS as distributed by MLS GRID #4801825 Report a problem | ||
| 4/22/2005 | Sold | $50,000$6/sqft |
Source: Public Record Report a problem | ||
| 3/4/1997 | Sold | $50,000$6/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $7,476 +8.2% | $413,000 |
| 2024 | $6,907 +40.6% | $413,000 -1.7% |
| 2023 | $4,911 -14.9% | $420,000 +37.7% |
| 2022 | $5,768 +4% | $305,000 -10.2% |
| 2021 | $5,546 -3% | $339,500 |
| 2020 | $5,718 +3.1% | $339,500 +4.9% |
| 2019 | $5,546 -3% | $323,500 +18.1% |
| 2018 | $5,718 +44.6% | $274,000 +25.4% |
| 2017 | $3,954 +12.2% | $218,500 +5% |
| 2016 | $3,525 +1.7% | $208,000 +32.1% |
| 2015 | $3,464 +25.8% | $157,500 +15% |
| 2014 | $2,755 -4% | $137,000 -9.9% |
| 2013 | $2,870 -2.5% | $152,000 -5% |
| 2012 | $2,942 -18.7% | $160,000 -20% |
| 2011 | $3,619 -7.5% | $200,000 -20% |
| 2010 | $3,910 -11.9% | $250,000 -10.1% |
| 2009 | $4,439 -19.9% | $278,000 -11.3% |
| 2006 | $5,540 +1.4% | $313,500 +7% |
| 2005 | $5,464 +11.5% | $293,000 +20.1% |
| 2004 | $4,900 +0.7% | $244,000 +22% |
| 2002 | $4,864 -39.2% | $200,000 |
| 2001 | $7,995 | -- |
Find assessor info on the county website
Neighborhood: Webber-Camden
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Nearby schools
GreatSchools rating
- 3/10Loring Elementary SchoolGrades: PK-5Distance: 1.1 mi
- 1/10Olson Middle SchoolGrades: 6-8Distance: 1.2 mi
- 3/10Henry Senior High SchoolGrades: 9-12Distance: 0.7 mi
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Estimated market value
$468,700
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Estimated market value
$468,700
- Minnesota
- Hennepin County
- Minneapolis
- 55412
- Webber-Camden
- 4129 Colfax Ave N
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