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$900,000 Just Listed

  • For Sale
  • Active
  • Single Family
  • 4 Beds
  • 1 Full Bath
  • 3 Partial Baths
  • 2,825 Sq. Ft.
  • 2 Car Garage
  • Updated 1 day ago

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Open House: 1:00 PM - 2:30 PM

Saturday 6/6 1:00 PM - 2:30 PM

4940 Colfax Avenue S,Minneapolis, MN 55419

4940 Colfax Avenue SMinneapolisMN55419

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Built in 1917, this architecturally significant Prairie School home in the sought-after Lynnhurst neighborhood is a rare and special find. It stands as a masterclass in early 20th century Minneapolis architecture, with rich original woodwork and striking architectural details. The home hosts four bedrooms and four baths, an exceptionally functional layout that lives with ease, whether you're hosting guests or working from home. Character abounds throughout, from intricate millwork and built-ins to thoughtful proportions that feel both grand and genuinely livable. Step outside and you're immediately immersed in the best of southwest Minneapolis. Lake Harriet is just moments away, perfect for morning runs on the walking path, weekend paddling, or catching a free concert at the bandshell in summer. The neighborhood is as walkable as it is beautiful, with beloved local coffee shops, boutiques, and restaurants all within easy reach. Don't miss out on this unique find!

Full Property Details for 4940 Colfax Ave South

General

  • Price: $900,000
  • Taxes: $13,538 (2025)
  • Status: Active
  • Type: Single Family
  • Source: NorthStarMLS_RMLS
  • MLS ID: 7057159
  • Updated: 6/5/2026
  • Added to Site: 3 day(s) ago

Interior

  • Fireplace: Yes
  • Number of Fireplaces: 1
  • Fireplace(s): Living Room
  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer

Rooms

Bathrooms

  • Total Bathrooms: 4
  • Full Bathrooms: 1
  • 3/4 Bathrooms: 1
  • Half Bathrooms: 2

Bedrooms

  • Total Bedrooms: 4

Other Rooms

  • Eat-in kitchen: Yes
  • Dining Room: Eat-In Kitchen, Separate Formal Dining Room
  • Formal Dining Room: Eat In Kitchen, Separate/Formal Dining Room
  • Laundry: In Basement, Lower Level, Laundry Room, In Basement, Lower Level, Laundry Room

Additional Information

  • Amenities: Hardwood Floors, Kitchen Window, Natural Woodwork, Patio, Porch, Sun Room, Tile Floors, Washer/Dryer Hookup

Exterior

  • Porch/Patio/Deck: Patio

Parking

  • Garage: Yes
  • Garage Description: 24 x 24
  • Garage Spaces: 2
  • Parking Features: Detached Garage, Concrete

Location

  • County: Hennepin
  • Township: Minneapolis
  • Subdivision: Summerset Add
  • Neighborhood: 49
  • Driving Directions: 50th to Colfax; North to Home.

School Information

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

Heating & Cooling

  • Central air: Yes
  • Cooling Type: Central Air
  • Heating Type: Hot Water
  • Heating Fuel: Natural Gas

Utilities

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

Structural Information

  • Basement: Yes
  • Finished basement: Yes
  • Basement Desc.: Finished, Full
  • Foundation Size: 1174
  • Roof: Asphalt
  • Disability Access: None
  • Square Feet: 2,825
  • Above Ground: 2,144 Sq. Ft.
  • Below Ground: 980 Sq. Ft.
  • Finished Down/Base.: 3,124 Sq. Ft.
  • Year Built: 1917

Lot Features

  • Lot Size (Acres): 0.15
  • Lot Dimensions: 128.00 x 50
  • Frontage: City Street, Sidewalks
  • Zoning: Residential-Single Family
  • Lot Description: Medium Tree Coverage
  • Fencing (Description): Partial

Financial Considerations

  • Tax Amount: $13,538
  • Tax Year: 2025
  • Terms: Conventional, VA, FHA, Cash

Disclosures and Reports

  • Legal Description: BLOCK 002 SUMMERSET ADDN TO MPLS LOT 4 AND N 10 FT OF LOT 5 LOTS 4 AND 5
  • Property ID: 1602824140089

Listed by Keller Williams Realty Integrity Lakes

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Listing agents

— 4940 Colfax Ave South —

  • Keller Williams Realty Integrity Lakes

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NMLS#: 1598647

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NMLS#: 1598647

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Find the right home insurance for your new home!

with our affiliated in-house agency

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Save up to an additional 20% by bundling your home and auto together!

Schools serving 4940 Colfax Ave South

School District:Minneapolis Public School District
NameGradesDistance
Burroughs Elementary School
1601 West 50th Street, Minneapolis, MN 55419
K-50.4 mi
Justice Page Middle School
1 West 49th Street, Minneapolis, MN 55419
6-80.7 mi
Washburn Senior High School
201 West 49th Street, Minneapolis, MN 55419
9-120.5 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 4940 Colfax Ave South Get Price Alerts and Save Property

Date
Details
Price
Change
Source
6/05/2026
Listed
$900,000
55.44%
MLS
1/06/2010
Sold
$579,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 4940 Colfax Ave South

Year
Property Taxes
Change
Tax Assessment
Change
2025
$13,538
20%
$837,000
5%
2023
$11,255
5%
$797,000
5%
2023
$10,735
—
$759,000
7%
2023
$10,735
-7%
$711,000
-4%
2020
$11,540
-5%
$742,500
—
2019
$12,135
17%
$742,500
16%
2018
$10,350
-2%
$640,000
—
2017
$10,594
4%
$640,000
7%
2016
$10,151
—
$600,000
4%
2015
$10,191
11%
$578,000
13%
2014
$9,162
2%
$510,500
2%
2013
$8,946
—
$498,500
—
View All
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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Listed by Keller Williams Realty Integrity Lakes

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4940 Colfax Avenue S, Minneapolis, MN 55419 (MLS# 7057159) is a Single Family property with 4 bedrooms, 1 full bathroom and 3 partial bathrooms. 4940 Colfax Avenue S is currently listed for $900,000 and was received on June 03, 2026. Want to learn more about 4940 Colfax Avenue S? Do you have questions about finding other Single Family real estate for sale in Minneapolis? You can browse all Minneapolis real estate or contact a Coldwell Banker agent to request more information.

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