3443 Colfax Avenue S
Minneapolis, MN 55408
5054 sqft | #6701512
Description
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!
Property Details
- Basement DescriptionFull, Shared Access, Storage/Locker, Storage Space, Unfinished
- Lot FeaturesSome Trees, Underground Utilities
- Lot DescriptionSome Trees, Underground Utilities
- HeatingBaseboard, Hot Water
- Sewer InformationCity Sewer/Connected
- Utility SourceCity Water/Connected
- RoofAge 8 Years or Less
- Parking FeaturesDetached, Asphalt
- SubdivisionRemingtons 2nd Add
- Parcel Number0402824410063
- Property TypeMulti-Family
- School DistrictMinneapolis
- Property SubtypeQuadruplex
- CountyHennepin
- MLS #6701512
- MLS #6701512
- Taxes Annual$8,952
- Cost725000
- Square Feet5054
- Year Built1900
- Parking Spaces2
- Basement1
- Basement Finished1
- Days on Market (Cumulative)7
Location
Legal
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Last Updated: . Source: NORTHSTAR
Listing Courtesy
Listing Agent: Matt Boys (#NST502044115)
Listing Office: Fox Realty (#NST25758)
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