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AboutDevelopment ServicesPrivate OfficeFranchising
USD $725,000
3443 Colfax Avenue S, Minneapolis, MN, 55408, US
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Listing Courtesy of  Fox Realty
3,616 sq.ft
MLS#: 6701512
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!
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!
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Listing Highlights

  • Subtype

    Quadruplex

  • Price Per Sq Ft

    $200.5

  • Year Built

    1900

  • Garage Spaces

    2

  • Living Area (Sq Ft)

    3,616 sq.ft

  • Tax Annual Amount

    $8,952

  • Lot Size (Acres)

    0.12

  • Heating

    Electric, Natural Gas, Baseboard, Hot Water

  • County

    Hennepin

  • Subdivision

    Remingtons 2nd Add

Property Details

  • Interior Features

      Other Rooms

    • Basement: [object Object]
    • Basement Description: Full, Storage Space, Unfinished

      • Heating & Cooling

    • Heating: Electric, Natural Gas, Baseboard, Hot Water
  • Utilities
    Utilities
    Underground Utilities
    Water Source
    Public
    Sewer
    Public Sewer
  • Exterior Features
    Fencing
    None
  • Construction
    Property Type
    Residential Income
    Construction Materials
    Brick, Stucco
    Year Built
    1900
    Property Subtype
    Quadruplex
    New Construction
    No
    Above Grade Finished Area
    3616
    Building Area Total
    5054
  • Parking
    Garage
    Yes
    Garage Spaces
    2
    Parking Features
    Detached, Asphalt

Location

  • MN
  • Minneapolis
  • 55408
  • Hennepin
  • 3443 Colfax Avenue S

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Home Price

Down Payment

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Year Fixed

Your Monthly Payment

$4,230.9

This payment calculator provided by Engel & Völkers and is intended for educational and planning purposes only. * Assumes 3.5% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information.

Updated: May 9, 2025 5:10 PM