Address
1924 Colfax Avenue S, Minneapolis, MN
Price
$ 725,000
Property Attributes
  • ID#6372740
  • TypeMulti-Family
  • CountyHENNEPIN
  • CityMinneapolis
  • AreaGroveland Add
  • NeighborhoodGroveland Add
  • Zip55403
  • StyleDuplex Up and Down
  • Year Built1902
  • Taxes$ 8672
  • Price$ 725,000
  • Bedrooms8
  • Full Bathrooms4
  • Half Bathrooms0
  • Sqr Footage3372
  • Lot Size6,970 SqFt
Data Source:
Northstar MLS (NSTAR)
Property Description

Beautiful, large duplex in Lowry Hill. Both units have 4 bedrooms, 2 bathrooms and great details like the original wood floors. Owner occupy or maximize rents in this amazing property. You'll love the great curb appeal, 2 car garage and many off-street parking spots. Both units welcome you into sun-filled interiors with great layouts and charming architectural features. Owner is a licensed Realtor MN. Seller would consider a CD with following terms: 15% down - 4% interest; 20% down - 3.75% interest; 25% down - 3.50% interest; interest. Maturity of CD on or before May 2025. See 3D virtual tours in supplements.

Price History
5/18/2023 Listed $725,000

General Features

Accessibility None
Additional Parcels Y/N No
Association Amenities Porch
Basement Full
City Minneapolis
Construction Materials Wood Siding
Contingency None
County Hennepin
Directions Franklin to Colfax, north to property
Garage Spaces 2
Gross Income 64800
Heating Forced Air
High School District Minneapolis
Insurance Expense 2044
Lender Owned No
Levels Two
Maintenanceexpense 1000
New Construction No
Operating Expense 15740
Ownerpays Insurance, Repairs, Trash Collection, Water
Property SubType Duplex Up and Down
Property Type Residential Income
Roof Pitched
Sewer City Sewer/Connected
Standard Status Active
Street Name Colfax
Subdivision Name Groveland Add
Tax Annual Amount 8672
Tax Year 2022
Tenant Pays Electricity, Fuel
Total Units 2
Trash Expense 2040
Virtual Tour https://my.matterport.com/show/?m=Tg49aFV5VzJ&mls=1
Water Sewer Expense 1651.5
Year Built 1902
Zoning Description Residential-Multi-Family

Interior Features

Above Grade Finished Area 2400
Below Grade Finished Area 972
Fuel Natural Gas
Garage Square Feet 240
Street Suffix Avenue

Exterior Features

Days on Market 1
Living Area 3372
Fencing None
Foundation Area 1018
Lot Dimensions 50x135
Lot Size Area 0.16
Lot Size Units Acres
Parking Features Detached
Road Frontage Type City Street, Curbs, Paved Streets, Sidewalks
Water Source City Water/Connected

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 55403

Price
AVG $720K
$730K
Taxes
AVG $8,481
$8,672
Visits
AVG 491
9
Year Built
AVG 1901
1902
Walkscore
AVG 89
87
Data Provided by Walkscore ® not using MLS data

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