Fantastic investment opportunity, all 4 units have 3 bedrooms per unit for a total of 12 bedrooms. located on cul-de-sac with off street parking and laundry on each level! All separate utilities per unit (4 forced air furnaces, 4 Central air units, 4 gas meters, 4 electric meters). Central air in all units (2010), New Soffits, facia and gutters (2018) 2 coin operated washers and 2 dryers for extra income. 2 Newly updated units with Stainless appliances and new flooring. This is a unique 4 unit building that is a great investment. Don't miss this one!
Closed
$725,500
4550 Madison St NE, Columbia Heights, MN 55421
12beds
4baths
3,840sqft
Fourplex
Built in 1961
-- sqft lot
$-- Zestimate®
$189/sqft
$1,965 Estimated rent
Home value
Not available
Estimated sales range
Not available
$1,965/mo
Zestimate® history
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$4,472/mo
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List your homeWhat's special
Newer furnacesCentral airNew flooringNew soffits
Zillow last checked:
Listing updated:
Listed by:
Christopher E Lutter 763-482-1179,
RE/MAX Results
Bought with:
Christopher D Long
RE/MAX Results
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 6383703
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 12
- Bathrooms: 4
Heating
- Forced Air
Appliances
- Laundry: Coin-op Laundry Owned
Features
- Basement: Daylight,Finished,Full
Interior area
- Total structure area: 3,840
- Total interior livable area: 3,840 sqft
- Finished area above ground: 1,920
- Finished area below ground: 1,920
Property
Parking
- Parking features: Paved Lot
Accessibility
- Accessibility features: None
Features
- Levels: Multi/Split
Lot
- Size: 10,062 Square Feet
- Dimensions: 62 x 118 x 118 x 163
Details
- Foundation area: 1920
- Parcel number: 263024430094
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Fourplex
Materials
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1961
Utilities & green energy
- Electric: Circuit Breakers
- Gas: Natural Gas
- Sewer: City Sewer/Connected
- Water: City Water/Connected
Community & HOA
Community
- Subdivision: Julian Johnson Add
HOA
- Amenities included: Coin-op Laundry Owned
Location
- Region: Columbia Heights
Financial & listing details
- Price per square foot: $189/sqft
- Tax assessed value: $438,200
- Annual tax amount: $6,388
- Date on market: 6/8/2023
- Cumulative days on market: 1229 days
- Tenant pays: Broadband, Cable TV, Electricity, Fuel
Price history
| Date | Event | Price |
|---|---|---|
| 12/31/2024 | Sold | $725,500-4.5%$189/sqft |
Source:  NorthstarMLS as distributed by MLS GRID #6383703 Report a problem | ||
| 12/29/2024 | Pending sale | $759,900$198/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6383703 Report a problem | ||
| 6/8/2023 | Listed for sale | $759,900$198/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6383703 Report a problem | ||
| 6/5/2023 | Listing removed | -- |
Source: NorthstarMLS as distributed by MLS GRID #6241897 Report a problem | ||
| 7/29/2022 | Listed for sale | $759,900+1.3%$198/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6241897 Report a problem | ||
| 7/29/2022 | Listing removed | -- |
Source: NorthstarMLS as distributed by MLS GRID #5763655 Report a problem | ||
| 5/5/2022 | Pending sale | $749,900$195/sqft |
Source: NorthstarMLS as distributed by MLS GRID #5763655 Report a problem | ||
| 5/25/2021 | Listed for sale | $749,900$195/sqft |
Source: NorthstarMLS as distributed by MLS GRID #5763655 Report a problem | ||
| 5/25/2021 | Listing removed | -- |
Source: NorthstarMLS as distributed by MLS GRID #5703626 Report a problem | ||
| 3/17/2021 | Pending sale | $749,900$195/sqft |
Source: NorthstarMLS as distributed by MLS GRID #5703626 Report a problem | ||
| 2/8/2021 | Price change | $749,900-3.8%$195/sqft |
Source: NorthstarMLS as distributed by MLS GRID #5703626 Report a problem | ||
| 1/21/2021 | Listed for sale | $779,900+212%$203/sqft |
Source: NorthstarMLS as distributed by MLS GRID #5703626 Report a problem | ||
| 8/22/2008 | Sold | $250,000-35.1%$65/sqft |
Source:  Lake Superior Area Realtors as distributed by MLS GRID #1683499 Report a problem | ||
| 6/21/2006 | Sold | $385,000+11.6%$100/sqft |
Source: Public Record Report a problem | ||
| 12/23/2002 | Sold | $345,000+163.6%$90/sqft |
Source: Public Record Report a problem | ||
| 11/9/1998 | Sold | $130,900$34/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $8,271 +3.7% | $438,200 +0.4% |
| 2024 | $7,973 +24.8% | $436,300 -8.8% |
| 2023 | $6,387 -5.3% | $478,300 +7.9% |
| 2022 | $6,742 +10.4% | $443,300 +11.1% |
| 2021 | $6,105 -3% | $399,000 +10.7% |
| 2019 | $6,294 +26.7% | $360,400 +34.7% |
| 2018 | $4,967 +13.3% | $267,500 +17.7% |
| 2017 | $4,384 -5.6% | $227,300 +6.2% |
| 2016 | $4,642 +3.7% | $214,000 |
| 2015 | $4,477 +8.8% | $214,000 -7.7% |
| 2014 | $4,113 -25.4% | $231,800 |
| 2013 | $5,517 +0.6% | -- |
| 2012 | $5,486 -14.5% | -- |
| 2011 | $6,415 +25.9% | -- |
| 2010 | $5,095 +1.4% | -- |
| 2008 | $5,026 +2.6% | -- |
| 2007 | $4,900 -3.9% | -- |
| 2006 | $5,099 +10.2% | -- |
| 2005 | $4,628 +7.8% | -- |
| 2004 | $4,292 +29.1% | -- |
| 2003 | $3,324 -8.2% | -- |
| 2002 | $3,622 -10% | -- |
| 2001 | $4,022 | -- |
Find assessor info on the county website
Neighborhood: 55421
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Nearby schools
GreatSchools rating
- 2/10Valley View Elementary SchoolGrades: PK-5Distance: 0.4 mi
- 3/10Columbia AcademyGrades: 6-8Distance: 0.4 mi
- 6/10Columbia Heights Senior High SchoolGrades: 9-12Distance: 0.7 mi
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- Minnesota
- Anoka County
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- 55421
- 4550 Madison St NE
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