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Listed price in listed location currency (USD).
$529,900

520

MLS® 7071251

  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Residential Income
Size 2115 sqft
Garage 
Taxes $7,046
Days Active 14
Lot Size 
Approx. Age 1909
Avg. Price Per Sqft $250
MLS® Number 7071251

Property Address: 3340 Colfax Ave S, Minneapolis, MN, 55408-3507

Average square foot calculated using Size range provided by listing agent.

Description

Welcome to 3340 Colfax Ave S, where historic charm blends seamlessly with modern convenience. Thoughtfully converted and extensively updated in 2023, this stunning duplex offers a rare investment opportunity in one of Minneapolis’ most sought after neighborhoods. The main-floor apartment features an inviting open floor plan with three bedrooms and one bathroom, highlighted by a beautiful fireplace, a fully renovated kitchen and bath, energy efficient LED lighting, and convenient in-unit laundry. The garden level apartment offers its own open-concept layout with two bedrooms and one bathroom, complete with a stylish new kitchen, remodeled bath, and private in-unit laundry. The lower level unit is also a registered Airbnb generating approximately $26K in annual revenue, creating excellent income potential. Whether you choose owner occupancy with supplemental rental income or lease both units for maximum returns, this property offers exceptional flexibility and value. With off street parking for 2–3 cars, Adding to the appeal are the unbeatable walkability and lifestyle amenities just steps from Lake Bde Maka Ska, shopping, dining, grocery stores, and everything Uptown has to offer. this income-producing gem is truly one of a kind. A must-see opportunity, priced to sell. Don’t miss your chance to own this exceptional property in one of Minneapolis’ premier locations. A must see opportunity, priced to sell. Don’t miss your chance to own this exceptional property in one of Minneapolis’ premier locations.
MLS® Number7071251
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1909
BasementFinished
DrivewayPaved Lot
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

May 10, 2026List Date
$529,900List Price
Nov 29, 2023End Date
$450,000Sold Price

Sold

Jul 15, 2024List Date
$450,000List Price
  • Commute

Commute

Starting Address
Destination Address
3340 Colfax Ave S, Minneapolis, MN

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