About This Home
This 7-bedroom, 2-bathroom multi-family at 2814 Colfax Avenue S in Minneapolis, MN is listed for $475,000 ($168 per sqft). Built in 1907, the home offers 2,824 sqft of living space on a 0.14 acres lot.
Key Features
- Built in 1907
- 0.14 acre lot
Property Details
This multi-family property offers a compelling opportunity in the heart of Minneapolis. The building includes seven bedrooms and two full bathrooms-ideal for investors or homeowners seeking additional rental income. Whether you're looking to expand your rental portfolio or live in one unit and lease the other, this building has the footprint and layout to support a variety of uses.
The property features a private driveway and includes two garage spaces, easing the challenge of parking in a lively urban neighborhood. Though it's in need of some rehabilitation, this "diamond in the rough" holds strong potential for value-added improvements. This property is a rare find for those with vision. Whether you're an investor or someone handy with a paintbrush and a dream, now's the time to turn this opportunity into something remarkable. Bring your ideas, creativity, and make it your own!
Monthly Cost Estimate
$2,540/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
2814 Colfax Avenue S
Minneapolis, MN 55408
Windoms Add
Features & Amenities
Exterior Features
Property Details
Construction
Parking
Heating
Questions & Answers
This 7-bedroom, 2-bathroom multi-family at 2814 Colfax Avenue S is listed at $475,000 ($168/sqft). The estimated monthly payment is $2,541 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 1907, 0.14 acre lot. Exterior Features: Vinyl.
This property is listed by Jacqueline Sandoval and can be reached at (651) 494-4000.