$2,138 Closing Credit¹
#6496564, Listing Office: eXp Realty
$2,671
closing credit¹
4038 Colfax Ave N Minneapolis, MN 55412
$224,900 List price
$2,671
Closing credit¹
1,262 sqft
$178 / sqft
Multi-Family
Property details
About 4038 Colfax Ave N
A nice investment opportunity with low entry point into this market. Start your porfolio here with creative finacing and learn to be a landlord. find you passion and start your portfolio off right. This 4 bed duplex is the right size to self manage and is a easy rental.
Highlights
Home typeDuplex
HeatingBaseboard
StatusActive
Size1,262 sqft
BasementYes
Year built1896
MLS #6629435
Summary
- MLS Number: 6629435
- MLS Name: NORTHSTAR
- Office Name: Coldwell Banker Realty
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Get an agent. Get a mortgage. Save big.¹
$224,900
4038 Colfax Ave N
$2,671
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 07, 2015 | Home Sold | $490,000 |
| Jul 25, 2008 | Home Sold | $30,000 |
| Oct 27, 2006 | Home Sold | $215,000 |
| Aug 25, 2006 | Home Sold | $215,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $117,000 | $9,561 |
| 2022 | $123,000 | $9,684 |
| 2021 | $123,000 | $9,793 |
| 2020 | $123,000 | $2,009 |
| 2019 | $102,500 | $2,411 |
| 2018 | $93,000 | $1,904 |
| 2017 | $78,000 | $1,430 |
History based on county public records data.
Nearby schools
1
Cityview Community School
Public District PK-5
1.0 mi
•3350 N 4th St
1
Loring Community School
Public District PK-5
1.2 mi
•2600 44th Ave N
1
Jenny Lind Elementary School
Public District PK-5
1.2 mi
•5025 Bryant Ave N
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 $51,816. Residents of Minneapolis, MN typically earn between $35k-100k each year. Typical family type is single, no kids. Residents of this area typically have high school diploma education.
How much money do the neighbors make?
32%
<35k
59%
35k-100k
8%
100k-200k
1%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
47%
Single, No Kids
26%
Single, with Kids
14%
Married, No Kids
13%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
20%
<11 yrs old
10%
12-17 yrs old
28%
18-34 yrs old
37%
35-64 yrs old
5%
65+ yrs old
What do the neighbors do for fun?
Mexican League Soccer
College Basketball
Soccer
Where do the neighbors shop?
Books-a-Million
Dillards
Forever 21
Where do the neighbors go to eat?
Church's Chicken
Logan's Roadhouse
Dominos Pizza
What do the neighbors drive?
Toyota
Hyundai
Mazda
What do the neighbors listen to?
Adult Hits
Rock- Rhythmic Contemporary Hits
All data provided by Home Junction and Claritas
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This home is located at 4038 Colfax Ave N in Minneapolis, MN and zip code 55412 in the Wyoming Park neighborhood. This 1,262 square foot home was built in 1896. Features: 0 bathroom. It has been listed on Rocket Homes since November 12, 2024 and is currently priced at $224,900.
Minneapolis, MN housing market in January 2025 saw over 161 listings sold above listed price, more than 152 sold at listed price and over 309 sold below. The number of listings in Minneapolis, MN decreased by 0.1% between December and January 2025. While the average time on the market in January 2025 was 47 days, the median list price was $350,000.
From Rocket Homes Real Estate and based on county public records data.