3340 Colfax Avenue S, Minneapolis, MN 55408

Minneapolis
Local realty services provided by:Better Homes and Gardens Real Estate First Choice
3340 Colfax Avenue S,Minneapolis, MN 55408
$539,900
  • 5 Beds
  • 2 Baths
  • 2,115 sq. ft.
  • Multi-family
  • Active
Listed by: claire c persaud
Office: coldwell banker realty - lakes
MLS#:7071251
Source:NSMLS

Price summary

  • Price:$539,900
  • Price per sq. ft.:$255.27

About this home

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...

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Home facts

  • Year built:1909
  • Listing ID #:7071251
  • Added:3 day(s) ago
  • Updated:May 14, 2026 at 12:43 PM

Rooms and interior

  • Bedrooms:5
  • Total bathrooms:2
  • Basement:Yes
  • Basement Description:Finished
  • Living area:2,115 sq. ft.

Heating and cooling

  • Heating:Baseboard

Structure and exterior

  • Roof:Age 8 Years or Less
  • Year built:1909
  • Building area:2,115 sq. ft.
  • Lot area:0.12 Acres
  • Levels:1 1/2 Story

Utilities

  • Water:City Water - In Street
  • Sewer:City Sewer - In Street

Finances and disclosures

  • Price:$539,900
  • Price per sq. ft.:$255.27
  • Tax amount:$7,046 (2025)
Data is deemed reliable but is not guaranteed accurate by the MLS. The information being provided is 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.

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