Back 3443 South Colfax Avenue
Off Market

3443 South Colfax Avenue

Minneapolis MN 55408

2
5054 sq. ft.
0.12 ac.
Duplex
Last sold for $730,000
Matt BoysMatt Boys, last sold this property on 03 September 2025 after 144 days on market.

Overview

Welcome to 3443 Colfax Ave S, MPLS! A well-maintained, fully leased 4-plex offering strong cash flow in one of Minneapolis' most desirable neighborhoods. Annual income is $73,308 (monthly income is $6,109). Perfect for an investor or an owner-occupant— a 2-BR unit is month-month. A true plug-and-play asset in the heart of Uptown. Tucked on a quiet street just steps from King’s Highway and the Lyndale Rose Garden, the location offers the perfect blend of urban convenience and neighborhood charm. The building includes: One 3-bedroom, 2-bath unit Two 2-bedroom, 1-bath units One 1-bedroom, 1-bath unit Plus a 2-car detached garage (rented for $225/month) All units feature updated appliances, flooring, fixtures, and fresh paint, with regular annual refreshes to maintain appeal and rental demand. Coin-operated laundry in the lower level provides added income. Come check out this fantastic opportunity!

Features

2 carspaces
2 garage spaces
5054 sq. ft. floor area
0.12 ac. lot size
Duplex

Estimated Value

Based on this property and similar duplexes sold in Minneapolis over the last 12 months, the estimated median property value of 3443 South Colfax Avenue is $448.5k.

Median value
$448.5k
Estimated value range
$160k - $1.13m
Median days on market
47
Estimated value trend
-16%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Minneapolis. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 3443 South Colfax Avenue

2025
Sold
$730,000
03 Sep 2025 by Matt Boys, of FOX REALTY
2023
Sold
$709,200
01 Aug 2023 by Reid Lenz Agent, of Verde Real Estate Group
2004
Sold
$514,000
16 Jul 2004 by Douglas Herkenhoff, of Edina Realty, Inc.

Happy sellers in Minneapolis

60%
60% of sellers in Minneapolis reported that their sale price either exceeded or met their price expectations.

Minneapolis stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 7 reviews in Minneapolis over the last 12 months.

Local market activity for duplexes in Minneapolis

In the last 12 months, 38 duplexes similar to 3443 South Colfax Avenue, have been sold.

This represents a 8% increase in duplexes sales when compared to the previous 12 months.

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