2625 Columbus Avenue S Minneapolis, MN ^$ 489,000

2625 Columbus Avenue S

^$ 489,000

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2625 Columbus Avenue S

Minneapolis, MN, 55407

^$ 489,000

Bedrooms4 Baths4.0 Sq 3,200

Monthly Estimate*

^$ 3,416

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2625 Columbus Avenue S, Minneapolis, MN 55407 - Image 13

2625 Columbus Avenue S, Minneapolis, MN 55407 - Image 14

Multi-Family Home for sale in Minneapolis, MN

for $489,000 with 4 bedrooms and 4 full baths. This 3,200 square foot home was built in 1900 on a lot size of 0.13.

Classic Minneapolis fourplex. Featuring hardwood floors, large living spaces, and natural light in every unit. Separate utilities for each unit. Two newer forced air furnaces and two classic furnaces. Separate water heater for each unit. Coin-op laundry in basement. New paved parking area in back. Unfinished attic space.

Multi-Family Active

Price

^$ 489,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 5,512

Style

Quadruplex

Lot Size

0.13

Year Built

1900

Town/City

Minneapolis

County/Region

Hennepin

MLS | Web ID

6468186

Features

General

Sewer City Sewer/Connected

Heating Forced Air Gravity

Roof Flat

Garage Spaces 0

Construction Materials Brick/Stone Fiber Cement Wood Siding

Year Built 1900

Electric 100 Amp Service

Tenant Pays Electricity Fuel

Topography Level

Levels Two

Property SubType Quadruplex

Tax Year 2023

Gross Income 32968

Accessibility None

County Hennepin

Operating Expense 5298

Insurance Expense 3500

New Construction N

Property Type Residential Income

Association Amenities Coin-op Laundry Owned Porch Security

Contingency None

Subdivision Name Shepards Sub Of 10 Emersons Add

Directions 35W E on 36th N on Columbus to home

City Minneapolis

Buyer Agent Compensation 2.50

High School District Minneapolis

Zoning Description Residential-Multi-Family

Total Units 4

Street Name Columbus

Land Lease Y/N N

Tax Annual Amount 5512

Electric Expense 990

Fuel Expense 0

Trash Expense 0

Water Sewer Expense 0

Additional Parcels Y/N N

Days on Market 112

Standard Status Active

Lender Owned No

Buyer Agent Compensation Type %

Interior

Basement Block Storage/Locker Storage Space Unfinished

Basement (Y/N) Y

Above Grade Finished Area 3200

Street Suffix Avenue

Below Grade Finished Area 0

Foundation Dimensions 20x40

Fuel Natural Gas

Exterior

Fencing Chain Link Partial

Parking Features Asphalt

Lot Features Tree Coverage - Medium

Water Source City Water/Connected

Lot Size Area 0.13

Lot Dimensions 54x122

Lot Size Units Acres

Foundation Area 800

Road Frontage Type City Street Curbs Paved Streets Sidewalks Storm Sewer

Road Responsibility Public Maintained Road

Internal Only

Street Number 1 2625

* Excluded Features

List By

Counselor Realty, Inc.

Broker

chris@chrisgemlo.com

Affordability Calculator

$3,875

Per Month

Monthly Principal & Interest: $3,416
Monthly Property Taxes: $459
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Minneapolis, MN

Average List Price ^$511,742

Percent of Sale Price 5%

About Minneapolis, MN

417,625 Population

9% Since 2002

^$56,777 Median Income

35.08 Median Age

21% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

708364 Elementary School

708967 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
4/11/2024	$489,000	-5.05%	Price Down
12/15/2023	$515,000		Listed Price

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2625 Columbus Avenue S, Minneapolis, MN, 55407 is a Multi-Family Home for sale at $489,000 with 3,200 sqft and a lot size of 0.13. 2625 Columbus Avenue S has 4 bedrooms, 4.0 baths, and was built in 1900. The property's zip code is 55407 which is in Minneapolis, MN

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Broker Reciprocity Program of the Regional Multiple Listing Service of Minnesota, Inc.

The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 5/8/2024.

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2625 Columbus Avenue S

Multi-Family Home for sale in Minneapolis, MN

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