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$730,000

  • Sold
  • Closed
  • Multi-Family
  • 4 Units
  • 2 Car Garage
See This Home
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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!

Full Property Details for 3443 Colfax Ave South

General

  • Sold For: $730,000
  • Taxes: $8,952 (2024)
  • Status: Closed
  • Type: Multi-Family
  • Source: NorthStarMLS_RMLS
  • MLS ID: 6701512
  • Added to Site: 325 day(s) ago

Parking

  • Garage: Yes
  • Garage Description: 20 x 10
  • Garage Spaces: 2
  • Parking Features: Detached, Asphalt

School Information

  • School District: 1 - Minneapolis
  • High School District: Minneapolis

Heating & Cooling

  • Heating Type: Baseboard, Hot Water
  • Heating Fuel: Electric, Natural Gas

Utilities

  • Sewer: City Sewer Connected
  • Water: City Water (Connected)

Financial Considerations

  • Operating Expenses: $4,380
  • Tax Amount: $8,952
  • Tax Year: 2024
  • Terms: Conventional, VA, FHA, Cash
  • Owner Pays: Trash Collection
  • Tenant Pays: Cable TV, Electricity, Other, Parking Fee
  • Pays Cable: Tenant Pays
  • Pays Electric: Tenant Pays
  • Pays Trash: Owner Pays

Disclosures and Reports

  • Legal Description: LOT 010 BLOCK 061 REMINGTONS 2ND ADDN TO MPLS
  • Property ID: 402824410063

Listed by Fox Realty
Sold by Engel & Volkers Minneapolis Downtown

Listing agent

— 3443 Colfax Ave South —

  • Fox Realty

Get Pre-Approved Today

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with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 3443 Colfax Ave South

School District:Minneapolis Public School District
NameGradesDistance
Kenwood Elementary School
2013 Penn Avenue South, Minneapolis, MN 55405
K-51.7 mi
Anwatin Middle Com & Spanish D I
256 Upton Avenue South, Minneapolis, MN 55405
6-82.7 mi
North Academy Senior High
1500 James Avenue North, Minneapolis, MN 55411
9-123.8 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 3443 Colfax Ave South

Date
Details
Price
Change
Source
9/03/2025
Sold
$730,000
1.39%
MLS
6/13/2025
Price Reduced
$720,000
-0.69%
MLS
4/11/2025
Listed
$725,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Down Payment Resource

Listed by Fox Realty
Sold by Engel & Volkers Minneapolis Downtown

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3443 Colfax Avenue S, Minneapolis, MN 55408 (MLS# 6701512) is a Multi-Family property that was sold at $730,000 on September 03, 2025. Want to learn more about 3443 Colfax Avenue S? Do you have questions about finding other Multi-Family real estate for sale in Calhoun-Isles? You can browse all Calhoun-Isles real estate or contact a Coldwell Banker agent to request more information.