$495,000
SOLD JUN 26, 2026
5 Beds
2 Baths
2,115 Sq Ft
5,227 Sq Ft Lot

Sale Details

Date Sold: June 26, 2026

$234 Per Sq Ft

8% Below List Price

47 Days on Market

Highlights

  • Porch
  • Forced Air Heating System
  • 5-minute walk to Painter Park
  • Laundry closet

About This Home

As of June 2026

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.

Last Agent to Sell the Property

Claire Persaud Ferrell

Coldwell Banker Realty - Lakes Brokerage Phone: 6127305775 Listed on: 05/10/2026

Coldwell Banker Realty - Lakes

Last Buyer's Agent

Ricardo Sereno

Lakes Area Realty

Lakes Area Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,046

Year Built

  • Built in 1909

Home Design

  • Brick Foundation
  • Block Exterior
  • Vinyl Siding

Interior Spaces

  • 1.5-Story Property
  • Laundry closet
  • Finished Basement

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Bathrooms

Additional Features

  • Porch
  • Lot Dimensions are 40 x 129
  • Forced Air Heating System

Community Details

  • 2 Units
  • Remingtons 2Nd Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0402824140173

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,046

Year Built

Built in 1909

Lot Details

5,227 Sq Ft Lot

Listing Details

  • Type: Residential Income
  • Property Subtype 1: Other
  • Outside Features: Block, Vinyl
  • Accessibility Features: None
  • Water Source: City Water - In Street
  • Year Built: 1909
  • Above Grade Finished Sq Ft: 1315
  • Unit Levels: One and One Half
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: Y
  • Attribution Contact: 6127305775
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Finished
  • Living Area: 2115
  • Below Grade Finished Sq Ft: 800
  • Basement YN: Yes
  • Appliances: Dishwasher, Dryer, Exhaust Fan/Hood, Range, Washer
  • Number Of Fireplaces: 1

Beds/Baths

  • Total Bedrooms: 5

Exterior Features

  • Roof: Age 8 Years or Less
  • Foundation Details: Brick/Mortar
  • Neighborhood: 70
  • PatioPorchType: Porch

Garage/Parking

  • Parking Features: Paved Lot

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer - In Street
  • LaundryFeatures: Laundry Closet
  • Fuel: Natural Gas

Schools

  • Junior High Dist: Minneapolis
  • SchoolDistrictPhone: 6126680000

Lot Info

  • Waterfront YN: No
  • Lot Size: 40 X 129
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Residential-Multi-Family
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Units Total: 2

Tax Info

  • Tax Year: 2025
  • Assessor Parcel Number: 0402824140173
  • Tax Annual Amount: 7046
  • TaxWithAssessments: 7046

Multi Family

  • Number Of Refrigerators: Two

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 11, 2023
Closed on
Dec 14, 2023
Sold by
Bought by
Seller's Agent
Steven Taylor
Aire LLC
Buyer's Agent
Claire Persaud Ferrell
Coldwell Banker Realty - Lakes
List Price
$450,000
Sold Price
$450,000
Views
101

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.92%
Original Mortgage
$100,000
Interest Rate
7.18%
Mortgage Type
Construction

Purchase Details

Closed on
Sep 23, 2022
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
5.13%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 14, 2022
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
5.13%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 27, 2020
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Deed $450,000 --
Warranty Deed $450,000 First American Title
Deed $224,900 --
Deed $224,900 Titlesmart
Deed Of Distribution -- None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Loan Amount Loan Type
Previous Owner $100,000 Construction
Previous Owner $180,000 New Conventional
Previous Owner $12,870 Unknown
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/26/2026 06/26/26 Sold $495,000 -6.6% $234 / Sq Ft
05/23/2026 05/23/26 Price Changed $529,900 -1.9% $251 / Sq Ft
05/10/2026 05/10/26 For Sale $539,900 +20.0% $255 / Sq Ft
12/14/2023 12/14/23 Sold $450,000 0.0% $213 / Sq Ft View Prior Sale
12/04/2023 12/04/23 Pending -- -- --
11/29/2023 11/29/23 Off Market $450,000 -- --
10/11/2023 10/11/23 For Sale $450,000 -- $213 / Sq Ft
Source: NorthstarMLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $7,914 $509,800 $180,000 $329,800
2024 $7,046 $477,000 $180,000 $297,000
2023 $4,169 $317,000 $183,000 $134,000
2022 $3,955 $308,000 $139,000 $169,000
2021 $4,267 $295,000 $121,000 $174,000
2020 $4,625 $326,000 $89,600 $236,400
2019 $4,612 $326,000 $82,700 $243,300
2018 $3,893 $316,500 $82,700 $233,800
2017 $3,992 $270,500 $75,200 $195,300
2016 $4,125 $270,500 $75,200 $195,300
2015 $3,981 $251,000 $75,200 $175,800
2014 -- $220,000 $68,000 $152,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 7071251

NorthstarMLS

APN: 04-028-24-14-0173

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