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$ 539,900
Est. payment /mo
New
3340 Colfax AVE S Minneapolis, MN 55408
5 Beds
2 Baths
2,115 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 2,115 sqft
Price per Sqft $255
Subdivision Remingtons 2Nd Add
MLS Listing ID 7071251
Bedrooms 5
Year Built 1909
Annual Tax Amount $7,046
Tax Year 2025
Contingent None
Lot Size 5,227 Sqft
Lot Dimensions 40 X 129
Property Sub-Type Other
Property 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.
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.
Location
State MN
County Hennepin
Zoning Residential-Multi-Family
Rooms
Basement Finished
Interior
Heating Baseboard
Fireplace No
Laundry Laundry Closet
Exterior
Parking Features Paved Lot
Roof Type Age 8 Years or Less
Building
Story One and One Half
Foundation 1015
Sewer City Sewer - In Street
Water City Water - In Street
Level or Stories One and One Half
New Construction false
Schools
School District Minneapolis
Listed by Claire Persaud • Coldwell Banker Realty - Lakes