For Sale: Minneapolis MLS# 6739930
Active
NEW!
$349,900
Multi-family: Duplex Up and Down
Built 1900
928 sqft • 0.15 acres
Minneapolis schools
MLS# 6739930
Ask the Agent℠
Ask the Agent℠
Thank You!
An agent will be in contact with you soon to answer your question.
Property Description
This charming duplex at 4021 Colfax Ave N offers a fantastic investment or owner-occupied opportunity in the Webber-Camden neighborhood in Minneapolis. The main floor unit 1 offers 1, 048 FSF with 3 bedrooms, 1 bathroom, and the upper-level unit 2 offers 880 FSF, also featuring 3 bedrooms, and 1 bathroom. Many updates have been made to this duplex, with fresh paint, newer cabinetry & granite counters. Each unit also includes its own separate forced air furnace & A/C, 100-amp electric service, and electric water heater. The basement area offers storage and shared coin laundry. You will appreciate the updated garage, featuring LP siding, and two overhead doors & openers, and a historic Cobblestone driveway. It is conveniently located near bus routes, parks, neighborhood specialty shops, and with easy access to I 94.
Listing
Listing Status:
Active
Contingency:
None
List Price:
$349,900
Price per sq ft:
$377
Property Type:
Multi-family
City:
Minneapolis
Garage Spaces:
2
County:
Hennepin
Year Built:
1900
State:
MN
Property Style:
Duplex Up and Down
Zip Code:
55412
Neighborhood/Area:
Webber - Camden
Subdivision Name:
Wyoming Park Add
Interior
Finished Area:
928 ft2
Living Area:
928 ft2
Ranges:
Two
Refrigerators:
Two
Basement Details:
- Block
- Concrete
Exterior
Stories:
Two
Garage Spaces:
2
Garage Dimensions:
20x20
Garage Size:
400 ft2
Foundation Size:
1,048 ft2
Fencing:
Partial
Handicap Accessible:
None
Road Responsibility:
Public Maintained Road
Heating System:
Forced Air
Parking Features:
- Detached
- Driveway - Other Surface
Shared Amenities:
Coin-op Laundry Owned
Road Frontage:
- City Street
- Curbs
- Paved Streets
- Sidewalks
- Storm Sewer
Exterior Material:
Slate
Roof Details:
- Age 8 Years or Less
- Asphalt
Lot & Land
Acres:
0.15
Geolocation:
45.0274312916, -93.2917441741
Lot Dimensions:
50 x 128
Zoning:
Residential-Multi-Family
Lot Description:
Some Trees
Farm
Topography:
Level
Schools
School District:
1
District Phone:
612-668-0000
Expenses
Annual Caretaker Expense:
None
Annual Electric Expense:
None
Annual Fuel Expense:
None
Annual Insurance Expense:
$2,200
Annual Maintenance Expense:
$300
Annual Gross Expense:
$8,000
Annual Trash Expense:
$247
Annual Water/Sewer Expense:
$185
Tenant Expenses:
Electricity, Gas, Grounds Care, Snow Removal
Financial & Taxes
Tax Year:
2025
Annual Taxes:
$5,068
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$5,068
Income
Annual Gross Income:
$34,800
Units
Total Units:
2
Miscellaneous
Fuel System:
Natural Gas
Owner Occupied:
No
Sewer System:
City Sewer/Connected
Water System:
City Water/Connected
Mortgage Calculator
Use this calculator to estimate your monthly mortgage payment, including taxes and insurance. Simply enter
the price of the home, your down payment and loan term. Property taxes are based on the last
known value for this property or 0.012 of property
price when data is unavailable. Your interest rate and insurance rates will vary based on
credit score, loan type, etc.
This amortization schedule shows how much of your monthly payment will go towards the principle and how
much will go towards the interest.
| Month | Principal | Interest | P&I | Balance |
|---|---|---|---|---|
| Year | Principal | Interest | P&I | Balance |
Listing provided by RMLS,
courtesy of Lakes Area Realty.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.