$8,016 Closing Credit¹
#6692601, Listing Office: Edina Realty, Inc.
$725,000 List price
3443 Colfax Ave S Minneapolis, MN 55408
$8,609
Closing credit¹
3,616 sqft
$201 / sqft
Multi-Family
Property details
About 3443 Colfax Ave S
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!
Highlights
Home typeQuadruplex
HeatingBaseboard, Hot Water
StatusActive
Size3,616 sqft
BasementYes
Year built1900
ParkingDetached, Asphalt
MLS #6701512
Garage2 spaces
Virtual tour
Summary
- MLS Number: 6701512
- MLS Name: NORTHSTAR
- Office Name: Fox Realty
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Last updated on: 4/16/2025, 9:22:50 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Get an agent. Get a mortgage. Save big.¹
$725,000
3443 Colfax Ave S
$8,609
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Aug 03, 2023 | Home Sold | $709,200 |
| Apr 01, 2009 | Home Sold | $300,000 |
| Sep 14, 2004 | Home Sold | $514,000 |
| Dec 16, 1999 | Home Sold | $280,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $151,500 | $8,951 |
| 2022 | $155,500 | $9,271 |
| 2021 | $163,600 | $10,322 |
| 2020 | $654,500 | $9,889 |
| 2019 | $603,099 | $10,171 |
| 2018 | $572,798 | $9,939 |
| 2017 | $517,340 | $9,066 |
History based on county public records data.
Nearby schools
4
Lyndale Community School
Public District PK-5
0.4 mi
•312 W 34th St
3
Green Central Park Elementary School
Public District PK-5
1.0 mi
•3416 4th Ave S
2
Whittier International Baccalaureate World School
Public Magnet PK-5
1.1 mi
•315 W 26th St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $31,017. Most Minneapolis, MN residents have annual incomes less than $<35k. The most common type of family is single, no kids. The majority of residents in this area have post secondary degree education.
How much money do the neighbors make?
56%
<35k
34%
35k-100k
9%
100k-200k
1%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
84%
Single, No Kids
5%
Single, with Kids
7%
Married, No Kids
4%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
8%
<11 yrs old
2%
12-17 yrs old
48%
18-34 yrs old
34%
35-64 yrs old
8%
65+ yrs old
What do the neighbors do for fun?
Music Concerts
Major League Soccer (MLS)
Tennis
Where do the neighbors shop?
H&M
Banana Republic
Crate & Barrel
Where do the neighbors go to eat?
Chipotle
Jack In The Box
Starbucks
What do the neighbors drive?
Volkswagen
Toyota
BMW
What do the neighbors listen to?
Rhythmic Contemporary Hits
Jazz
News
All data provided by Home Junction and Claritas
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This home is located at 3443 Colfax Ave S in Minneapolis, MN and zip code 55408 in the Calhoun-Isles neighborhood. This 3,616 square foot home was built in 1900. Features: 0 bathroom. It has been listed on Rocket Homes since April 11, 2025 and is currently priced at $725,000.
While more than 364 listings in Minneapolis, MN in March 2025 were sold above asking price, there were more than 165 listings sold at asking price, and more than 309 were sold below. The inventory of homes for sale in Minneapolis, MN between February and March 2025 increased by 23.5%. In March 2025 median list price was $353,912 and the average listing age was 41 days.
From Rocket Homes Real Estate and based on county public records data.