Date
Details
Price
Change
Source
5/08/2026
Listed
$525,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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Property Description
A prime opportunity for owner-occupants or investors, this classic 1900s duplex at 2447 Colfax is situated in a vibrant neighborhood filled with parks, trails, and diverse entertainment. Recognized by the Betsy-Tacy Society for its literary significance, this historic site was once the home of author Maud Hart Lovelace's sister and brother-in-law. The property features expansive upper and lower wrap-around porches, a shared patio, and a two-car detached garage. Above the garage, a finished 16x19 climate-controlled studio provides additional income, currently rented for $350/month. Inside, Unit 1 ($1,700/mo) offers an open-concept layout with high ceilings, hardwood floors, and central air. Unit 2 ($2,200/mo) spans two floors, including a fully finished third-floor loft with its own kitchenette and living space. Significant updates provide peace of mind, including a 2023 roof, newer Carrier furnaces, and updated electrical. This solid, well-maintained duplex is ready for its next chapter-come see it for yourself!
Full Property Details
Full Property Details for 2447 Colfax Ave South
General
- Price: $525,000
- Taxes: $9,449 (2026)
- Status: Active
- Type: Duplex
- Source: NorthStarMLS_RMLS
- MLS ID: 7068074
- Updated: 5/10/2026
- Added to Site: 6 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 3
Bedrooms
- Total Bedrooms: 6
Other Rooms
- Laundry: In Basement, Lower Level, Washer Hookup, In Basement, Lower Level, Washer Hookup
Additional Information
- Shared Amenities: Laundry, Patio
Exterior
- Porch/Patio/Deck: Front Porch, Wrap Around
Parking
- Garage: Yes
- Garage Description: 24 x 24
- Garage Spaces: 2
- Parking Features: Detached Garage, Concrete, Electric, Finished Garage, Garage Door Opener, Heated Garage, No Int Access to Dwelling, Storage
Location
- County: Hennepin
- Township: Minneapolis
- Neighborhood: 47
- Driving Directions: Hennepin to 24th East to Colfax South to building
School Information
- School District: 1 - Minneapolis
- High School District: Minneapolis
Heating & Cooling
- Heating Type: Baseboard, Ductless Mini-Split, Forced Air, Humidifier, Other
- Heating Fuel: Natural Gas
Utilities
- Sewer: City Sewer Connected
- Water: City Water (Connected)
Structural Information
- Basement: Yes
- Basement Desc.: Daylight/Lookout Windows, Full
- Foundation Size: 672
- Roof: Age Over 8 Years, Age 8 Years or Less, Asphalt, Pitched
- Disability Access: None
- Square Feet: 3,151
- Above Ground: 3,151 Sq. Ft.
- Below Ground: 1,229 Sq. Ft.
- Finished Down/Base.: 4,380 Sq. Ft.
- Year Built: 1900
Unit Information
- Units w/Refrigerators: 3
Lot Features
- Lot Size (Acres): 0.13
- Lot Dimensions: 45 x 128
- Frontage: City Street, Curbs, Paved Streets, Sidewalks, Street Lights, Storm Sewer
- Zoning: Residential-Multi-Family
- Lot Description: Public Transit (w/in 6 blks), Light Tree Coverage
Financial Considerations
- Operating Expenses: $36,940.46
- Tax Amount: $9,449.4
- Tax Year: 2026
- Terms: Conventional, Cash
- Owner Pays: Common Area Maintenance, Exterior Maintenance, Grounds Care, Insurance, Repairs, Roof Maintenance, Sewer, Snow Removal, Taxes, Trash Collection, Water
- Tenant Pays: Electricity, Gas
- Pays Electric: Tenant Pays
- Pays Gas: Tenant Pays
- Pays Trash: Owner Pays
- Pays Water: Owner Pays
Disclosures and Reports
- Legal Description: LOT 008 BLOCK 006 LYNDALE AVE ADDN TO MPLS
- Property ID: 3302924140096
Buyer's Brokerage Compensation: Contact Listing Agent
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— 2447 Colfax Ave South —
NMLS#: 1598647
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Schools
Schools serving 2447 Colfax Ave South
School District:Minneapolis Public School District
| Name | Grades | Distance |
|---|---|---|
Whittier International 315 West 26th St, Minneapolis, MN 55404 | PK-5 | 0.4 mi |
Andersen Community 1098 Andersen Lane, Minneapolis, MN 55407 | 6-8 | 1.6 mi |
South Senior High School 3131 19th Avenue South, Minneapolis, MN 55407 | 9-12 | 2.5 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 2447 Colfax Ave South
Tax History
Tax History for 2447 Colfax Ave South
Year
Property Taxes
Change
Tax Assessment
Change
2025
$8,925
6%
$491,000
-7%
2023
$8,429
-1%
$528,000
—
2023
$8,474
—
$527,000
-3%
2023
$8,474
-4%
$543,000
8%
2020
$8,861
7%
$501,000
10%
2019
$8,271
10%
$455,500
11%
2018
$7,529
—
$410,500
2%
2017
$7,523
16%
$401,500
20%
2016
$6,459
-5%
$334,500
—
2015
$6,770
7%
$334,500
15%
2014
$6,335
25%
$291,000
4%
2013
$5,049
—
$279,950
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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2447 Colfax Avenue S, Minneapolis, MN 55405 (MLS# 7068074) is a Duplex property with 6 bedrooms and 0 full bathrooms. 2447 Colfax Avenue S is currently listed for $525,000 and was received on May 08, 2026. This property is listed by The Nancy Walker Team from our Southwest Regional Office.Want to learn more about 2447 Colfax Avenue S? Do you have questions about finding other Duplex real estate for sale in Minneapolis? You can browse all Minneapolis real estate or contact a Coldwell Banker agent to request more information.