$900,000

3444 Colfax Ave S

Minneapolis MN, 55408

Description

Perfectly located fourplex in the South Uptown neighborhood massive cashflow potential, close to 8k currently. Zoned R5 allowing more units to be built in the building, could be upto 12 units if city approves plans. Fully remodeled kitchens and baths, easy to rent neighborhood, rents vary from 1900-1950. Units have previously been airbnb'd for 2500-3000 each/mo as well. Check it out before it's gone!

Details

MLS#5485374
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1913
Days On Site5

Features

SQ Feet5,016
Units4
Building(s)1

Market Activity 55408

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Area Information

StateMN
CountyHennepin
CityMinneapolis
Zip Code55408
AreaMinneapolis (MN)
Listing VS Median (in 55408)
Price:
$900,000
low | high
Med:
$625,000
80.555555555556% of Average
SqFt:
5,016
low | high
Med:
3,959
71.072567783094% of Average
$ / SqFt:
$179
low | high
Med:
$158
62.014818556875% of Average
On Site:
5
low | high
Med:
18
27.777777777778% of Average
Listing Updated: 02/17/2020
MLS Number: 5485374
Listing Provided By:
Steven Taylor  of  Verde Real Estate Group
The data relating to real estate for sale on this web site comes in part from the Broker ReciprocitySM Program of the Regional Multiple Listing Service of Minnesota, Inc. Real estate listings held by brokerage firms other than this firm are marked with the Broker ReciprocitySM logo or the Broker ReciprocitySM thumbnail logo (little black house) and detailed information about them includes the name of the listing brokers.

Listing broker has attempted to offer accurate data, but buyers are advised to confirm all items.

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