$349,900

Estimated payment $2,269/month

Total Views 4,904
6 Beds
2 Baths
928 Sq Ft
$377 Price per Sq Ft

Highlights

  • Forced Air Heating System
  • Coin Laundry
  • Partially Fenced Property

About This Home

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. BACK ON THE MARKET, BUYER'S FINANCING FELL THROUGH.

Listing Agent

Jim Peterson

Lakes Area Realty Listed on: 06/19/2025

Co-Listing Agent

Thomas Peterson

Lakes Area Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,068

Year Built

  • Built in 1900

Lot Details

  • Lot Dimensions are 50x128
  • Partially Fenced Property

Parking

  • 2 Car Garage

Home Design

  • Duplex

Interior Spaces

  • 928 Sq Ft Home
  • 2-Story Property
  • Basement

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Bathrooms

Utilities

  • Forced Air Heating System
  • 100 Amp Service

Listing and Financial Details

  • The owner pays for repairs, sewer, taxes
  • Assessor Parcel Number 0402924140153

Community Details

Overview

  • 2 Units
  • Wyoming Park Add Subdivision

Amenities

  • Coin Laundry

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,068

Year Built

Built in 1900

Lot Details

0

Parking

2

Listing Details

  • Type: Residential Income
  • Property Subtype 1: Duplex Up and Down
  • Garage Spaces: 2
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Association Amenities: Coin-op Laundry Owned
  • Year Built: 1900
  • Above Grade Finished Sq Ft: 928
  • Water Sewer Expenses: 185
  • Unit Levels: Two
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Block, Concrete
  • Living Area: 928
  • Owner Pays: Repairs, Sewer, Taxes
  • Basement YN: Yes
  • Amenities: Countertops-Granite
  • Appliances: Electric Water Heater,Range
  • Number Of Fireplaces: 0
  • Total Rooms: 8
  • Amenities: Countertops-Granite,Porch
  • Appliances: Range
  • Total Rooms: 6
  • Number Of Fireplaces: 0

Beds/Baths

  • Total Bedrooms: 6

Exterior Features

  • Roof: Age 8 Years or Less, Asphalt
  • Fencing: Partial
  • ConstructionMaterialsDesc: Block,Frame,Stone
  • Neighborhood: Webber - Camden
  • PatioPorchType: Enclosed,Rear Porch

Garage/Parking

  • Parking Features: Detached, Driveway - Other Surface
  • Garage Square Feet: 400

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Electric: 100 Amp Service
  • Fuel: Natural Gas
  • Number of Ranges: Two

Schools

  • Junior High Dist: Minneapolis
  • SchoolDistrictNumber: 1
  • SchoolDistrictPhone: 612-668-0000

Lot Info

  • Topography: Level
  • Lot Size: 50x128
  • Land Lease: No
  • Lot Features: Some Trees
  • Additional Parcels: No
  • Zoning Description: Residential-Multi-Family
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Slate
  • Units Total: 2

Rental Info

  • Expenses: 8000.0000

Tax Info

  • Tax Year: 2025
  • Assessor Parcel Number: 0402924140153
  • Tax Annual Amount: 5068
  • TaxWithAssessments: 5068.0000

Multi Family

  • TenantPays: Electricity, Gas, Grounds Care, Snow Removal
  • Number Of Refrigerators: Two

Map

Range of Values:

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Average Value
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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

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
2023 $5,615 $275,000 $23,000 $252,000
2022 $3,925 $256,000 $17,000 $239,000
2021 $3,431 $231,000 $11,000 $220,000
2020 $2,501 $210,000 $24,300 $185,700
2019 $2,332 $141,500 $16,200 $125,300
2018 $1,980 $128,500 $16,200 $112,300
2017 $1,912 $102,000 $14,700 $87,300
2016 $2,079 $107,500 $14,700 $92,800
2015 $1,938 $95,500 $14,700 $80,800
2014 -- $87,000 $14,700 $72,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/08/2025 09/08/25 For Sale $349,900 0.0% $377 / Sq Ft
08/20/2025 08/20/25 Pending -- -- --
06/16/2025 06/16/25 For Sale $349,900 -- $377 / Sq Ft
Source: NorthstarMLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $100,000 Nations Title Agency Of Mn
Trustee Deed $37,900 --
Warranty Deed -- --
Warranty Deed $199,000 --
Warranty Deed $136,000 --
Warranty Deed $123,000 --
Warranty Deed $110,000 --
Warranty Deed $55,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $170,000 Commercial
Source: Public Records

Source: NorthstarMLS

MLS Number: 6739930

NorthstarMLS

APN: 04-029-24-14-0153