2601 Colfax Avenue N

Minneapolis, MN
$ 249,900 Beds 6 Baths 3 Sq 2,010
Monthly Estimate* How much can I afford?

WILL NOW SELL INDIVIDUALLY, PREVIOUSLY LISTED AS PART OF PORTFOLIO SALE ONLY. Unit Breakdown: (1) 4 bed/2 bath and (1) 2 bed/1 bath. Includes 2 car garage in rear. Price of $265,000. NOI of $19,803.25. Cap Rate of 7.47%. Neighboring duplex at 1014 26th Ave N also for sale by the same seller!

Pending

  • Price
  • $ 249,900
  • Lot Size
  • 5,227 SqFt
  • Bedrooms
  • 6
  • Sqr Footage
  • 2,010
  • Full Bathrooms
  • 3
  • Year Built
  • 1916
  • Half Bathrooms
  • 0
  • City, Zip
  • Minneapolis
  • Taxes
  • $ 2337
  • County
  • HENNEPIN
  • Style
  • Duplex Up and Down
  • Area
  • Fairmount Park Add
  • MLS#
  • 5761355
  • Zip
  • 55411
Listing Provided by: RE/MAX Results
Data Source: Northstar MLS (NSTAR) - 133 - MN

Features

General

Accessibility None
Additional Parcels Y/N No
Association Amenities None
Basement Full
City Minneapolis
Construction Materials Stucco
Contingency None
County Hennepin
Days on Market 181
Directions Corner of N 26th Ave & N Colfax Ave.
Fuel Expense 322
Garage Spaces 2
Grossincome 26400
Heating Hot Water
High School District Minneapolis
Insurance Expense 1456
Lender Owned No
Levels Two
New Construction No
Operatingexpense 6596
Ownerpays Taxes, Insurance, Water
Property SubType Duplex Up and Down
Property Type Residential Income
Roof Asphalt
Sewer City Sewer/Connected
Standard Status Pending
Street Name Colfax
Subdivision Name Fairmount Park Add
Tax Annual Amount 2337
Tax Year 2021
Total Units 2
Trash Expense 1947
Water Sewer Expense 1947
Year Built 1916
Zoning Description Residential-Multi-Family

Interior Features

Above Grade Finished Area 1630
Below Grade Finished Area 380
Fireplace Y/N No
Fuel Natural Gas
Garage Square Feet 1
Living Area 2010
SQFT Above Ground Total 1630.00
SQFT Below Ground Total 984.00
SQFT Main Total 163.00
SQFT Total 2614.00
Street Suffix Avenue
Unit Type Unit 1, Unit 2, Unit 3, Unit 4

Exterior Features

Fencing Chain Link
Foundationarea 984
Lot Dimensions 42x6x127.5
Lot Size Area 0.12
Lot Size Units Acres
Parking Features Detached
Water Source City Water/Connected
Waterfront Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$2,869

Per Month

Based on the average sale price from the Woodbury, MN office

  • Monthly Principal & interest $1,740
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 2.99% 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.

Schools

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

5/20/2021 Listed $265,000
11/3/2021 6% - $249,900

Property vs Zip Code Average in 55411

Price
AVG $250K
$250K
Taxes
AVG $2,759
$2,337
Visits
AVG 110
214
Year Built
AVG 1938
1916
Walkscore
AVG 62
69
Data Provided by Walkscore ® not using MLS data

Map

2601 Colfax Avenue N Minneapolis, MN is a Single Family Home for sale at $249900 with 2010 sqft and a lot size of 5,227 SqFt Acre(s). 2601 Colfax Avenue N Minneapolis has 6 bedrooms, 3 baths and was built in 1916. The property's zip code is 55411 which is in Minneapolis, MN

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 2.99% 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.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided 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.