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2447 Colfax Avenue S, Minneapolis, MN 55405

New - 15 Hours Ago

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Listed By

Agency Name: Coldwell Banker Realty - Southwest Regional
Agency Phone: 952-844-6000

Shown By

Agency Title: Counselor Realty
Agency Phone:

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Property Description

A prime opportunity for owner-occupants or investors, this classic 1900s duplex at 2447 Colfax is situated in a vibrant neighborhood filled with parks, trails, and diverse entertainment. Recognized by the Betsy-Tacy Society for its literary significance, this historic site was once the home of author Maud Hart Lovelace's sister and brother-in-law.The property features expansive upper and lower wrap-around porches, a shared patio, and a two-car detached garage. Above the garage, a finished 16x19 climate-controlled studio provides additional income, currently rented for $350/month. Inside, Unit 1 ($1,700/mo) offers an open-concept layout with high ceilings, hardwood floors, and central air. Unit 2 ($2,200/mo) spans two floors, including a fully finished third-floor loft with its own kitchenette and living space. Significant updates provide peace of mind, including a 2023 roof, newer Carrier furnaces, and updated electrical. This solid, well-maintained duplex is ready for its next chapter?come see it for yourself!

2447 Colfax Avenue S | MLS# 7068074

This multi-family property located at 2447 Colfax Avenue S, Minneapolis, MN 55405 is currently listed for sale with an asking price of $525,000. Colfax Avenue S is located within the Minneapolis school district. Search Minneapolis real estate on www.counselorrealty.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Daylight/Lookout Windows, Full
Basement: Yes
Garage: 2
Heating: Baseboard, Ductless Mini-Split, Forced Air, Humidi
Lot Size: 0.13 Acres
Roof Type: Age Over 8 Years, Age 8 Years or Less, Asphalt, Pi
Taxes: $9,449
Year Built: 1900

Feature Descriptions

Foundation Size: 672
Lot: Public Transit (w/in 6 blks), Tree Coverage - Light
Lot Dimensions: 45x128
Owners Expense: Common Area Maintenance, Exterior Maintenance, Grounds Care, Insurance, Repairs, Roof Maintenance, Sewer, Snow Removal, Taxes, Trash Collection, Water
Parcel#: 3302924140096
Parking: Detached Garage, Concrete, Electric, Finished Garage, Garage Door Opener, Heated Garage, No Int Access to Dwelling, Storage
Road Frontage: City Street, Curbs, Paved Streets, Sidewalks, Street Lights, Storm Sewer
Sewer: City Sewer/Connected
Tenant Expenses: Electricity, Gas
Units: 2
Water: City Water/Connected

Local Schools

School District: Minneapolis

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Estimated Payment

$ 3,734.81 per month $2,794.27 Principal & Interest $787.42 Property Tax $153.13 Homeowner's Insurance

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