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2808 Colfax Avenue S Minneapolis, MN $ 1,195,000
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$ 1,195,000 Get more info
2808 Colfax Avenue S
$ 1,195,000
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Share Save

2808 Colfax Avenue S

Minneapolis, MN, 55408
$ 1,195,000
Bedrooms15 Baths9.3 Sq 6,039

Monthly Estimate*

$ 8,347

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Multi-Family Home for sale in Minneapolis, MN

for $1,195,000 with 15 bedrooms and 9 full baths, 3 half baths. This 6,039 square foot home was built in 2014 on a lot size of 0.12.

Fabulous triplex in the heart of Uptown! Build in 2014, each unit boasts 5BRs, 4 baths, open concept main level, engineered HWD floors, big kitchens with granite, breakfast bar and SS appliances! There is also a private rooftop deck and off-street parking designated for each unit. Access the Greenway just up the block for biking and to the lakes! *Unit 1 is leased to 8/30/24 and rents @ $3250/mo. *Unit 2 is leased to 5/30/24 and rents @ $3330/mo. *Unit 3 is leased to 8/30/24 and rents @ $2645/mo. Yearly gross rents are $110,700. Owner maintains and pays the water/trash bill and charges back the tenants each month. First showings are for Unit 2 only and 2nd showings can see Units 1 and 3.

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Multi-Family Pending

Price

$ 1,195,000

Bedrooms

15

Full Bath

9

Half Bath

3

Property Type

Multi-Family

Taxes

$ 17,719

Style

Triplex

Lot Size

0.12

Year Built

2014

Town/City

Minneapolis

County/Region

Hennepin

MLS | Web ID

6492307
Features
General
Sewer City Sewer/Connected
Heating Forced Air
Roof Age Over 8 Years Asphalt
Garage Spaces 0
Construction Materials Vinyl Siding
Year Built 2014
Electric Circuit Breakers 100 Amp Service
Tenant Pays Cable TV Electricity Trash Collection Water
Levels More Than 2 Stories
Property SubType Triplex
Tax Year 2023
Gross Income 110700
Accessibility None
County Hennepin
Operating Expense 16545
Insurance Expense 3495
New Construction N
Property Type Residential Income
Association Amenities Fire Sprinkler System
Contingency None
Subdivision Name Windoms Add
Directions Hennepin Ave to east on W 28th St south on Colfax.
City Minneapolis
Buyer Agent Compensation 2.70
High School District Minneapolis
Zoning Description Residential-Multi-Family
Total Units 3
Street Name Colfax
Land Lease Y/N N
Tax Annual Amount 17719
Electric Expense 0
Fuel Expense 0
Trash Expense 0
Water Sewer Expense 5600
Additional Parcels Y/N N
Virtual Tour https://tours.spacecrafting.com/n-2x4052
Days on Market 13
Standard Status Pending
Lender Owned No
Buyer Agent Compensation Type %
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Interior
Basement Block Egress Window(s)
Basement (Y/N) Y
Above Grade Finished Area 4489
Street Suffix Avenue
Below Grade Finished Area 1550
Fuel Natural Gas
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Exterior
Parking Features Assigned Asphalt Open
Lot Features Public Transit (w/in 6 blks) Tree Coverage - Light
Water Source City Water/Connected
Lot Size Area 0.12
Lot Dimensions 42x128
Lot Size Units Acres
Foundation Area 1550
Road Frontage Type City Street Curbs Paved Streets Sidewalks Storm Sewer
Road Responsibility Public Maintained Road
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Internal Only
Street Number 1 2808
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* Excluded Features
List By
Coldwell Banker Realty

Broker

lallen@cbburnet.com

Email

Affordability Calculator

$9,824
Per Month
85%
15%
0%
Monthly Principal & Interest
$8,347
Monthly Property Taxes
$1,477
Monthly 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
708364 Elementary School
708967 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
2/21/2024$1,195,000 Listed Price

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2808 Colfax Avenue S, Minneapolis, MN, 55408 is a Multi-Family Home for sale at $1,195,000 with 6,039 sqft and a lot size of 0.12. 2808 Colfax Avenue S has 15 bedrooms, 9.3 baths, and was built in 2014. The property's zip code is 55408 which is in Minneapolis, MN

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