2410 Colfax Avenue S, Minneapolis, MN 55405

General Property Information

Lot Measurement: Acres
Multiple PIDs?: No
Owner Occupied: Yes
Waterfront Present: No
Year Built: 1908
Yearly/Seasonal: Yearly
Main Floor Total SqFt: 1470
Above Ground SqFt: 2940
Below Grd Total SqFt: 1400
Total SqFt: 4340
Foundation Size: 2979
Style: (MF) Duplex Up and Down
Total Finished Sqft: 2940.00
Garage Stalls: 2
Lot Dimensions: 48x128
Acres: 5822
Assessment Pending: No

Property Features

Accessible: None Amenities Shared: Common Laundry Facility; Concrete Floors & Walls; Deck Basement: Full; Unfinished Construction Materials: Block Construction Status: Previously Owned Electric: Circuit Breakers Exterior: Brick/Stone; Wood Fencing: Chain Link Foundation: Concrete Block Fuel: Natural Gas Heating: Boiler Laundry: Common Area; In Basement; Laundry Room Owner Pays: Insurance; Sewer; Trash Collection; Water Pool Description: None Road Frontage: City Street Road Responsibility: Public Maintained Road Roof: Age 8 Years or Less; Asphalt Shingles; Pitched Sellers Terms: Cash; Conventional; FHA; VA Sewer: City Sewer/Connected Tenant Pays: Electricity; Fuel Unit 2 Amenities: Hardwood Floors; Natural Woodwork Unit 2 Appliances: Stainless Steel Appliances; Range Unit 2 Cooling: None Unit 2 Dining Room Description: Separate/Formal Dining Rm Water: City Water/Connected

Contract Information

Contingency: None
Original List Price: 674900
ListPrice: 674900
Owner is an Agent?: No
Auction?: No

Location Tax and Other Information

House Number: 2410
Street Name: Colfax
Street Suffix: Avenue
Street Direction Suffix: S
Postal City: Minneapolis
County: Hennepin
State: MN
Zip Code: 55405
Complex/Dev/Subdivision: Lyndale Ave Add

Assessments

Tax With Assessments: 6991
Assessment Balance: 0

Building Information

Finished SqFt Above Ground: 2940

More Information

Income and Expenses

Annual Gross Expenses: 12721
Annual Gross Income: 5040000
Annual Insurance Expense: 3000
Annual Net Income: 37679
Annual Trash Expense: 1500
Annual Water/Sewer Expense: 1500
Annual Caretaker Expense: 0
Annual Electric Expense: 0
Annual Fuel Expense: 0
Annual Maintenance Expense: 0
Annual Repair Expense: 0
Total Annual Expenses: 0

Lease Details

Land Leased: Not Applicable

Miscellaneous Information

DP Resource: Yes
Homestead: No

Ownership

Fractional Ownership: No

Parking Characteristics

Garage Dimensions: 24x24
Garage Square Feet: 576

Public Survey Info

Range#: 24
Section#: 33
Township#: 29

Unit 1

Furnished?: No
Leased?: Yes
Unit Number: Yes
Annual Rent: 26400
Finished SqFt: 1470
Full Baths: Yes
Monthly Expense: 145
Monthly Rent: 2200
No. of Units Like This: Yes
Total Baths: Yes
Total Bedrooms: 3
Total Rooms: 8

Unit 2

Furnished?: No
Lease Expiration Date: 2026-06-01
Leased?: Yes
Unit Number: 2
Annual Rent: 26400
Finished SqFt: 1470
Full Baths: Yes
Monthly Expense: 145
Monthly Rent: 2200
No. of Units Like This: Yes
Total Baths: Yes
Total Bedrooms: 3
Total Rooms: 8

Unit Details

Total Units: 2

Office/Member Info

Association: MAAR

Location, Tax and Other Information

Legal Description: LOT 004 BLOCK 004 LYNDALE AVE ADDN TO MPLS
Listing City: Minneapolis
Map Page: 106
Municipality: Minneapolis
School District: Minneapolis
School District Phone: 612-668-0000
Zip Plus 4: 2941
Property ID Number: 3302924140069
Tax Year: 2025
Tax Amount: 6991
In Foreclosure?: No
Potential Short Sale?: No
Lender Owned?: No

Directions & Remarks

Public Remarks: Expansive duplex ideally situated in the heart of Lowry Hill East, offering exceptional versatility and investment potential. A rare opportunity exists to convert to a triplex by completing the partially finished, generously sized third level. Each unit features a spacious living room, formal dining room, three well-appointed bedrooms, and an updated bath. Timeless character shines throughout with gleaming hardwood floors, soaring ceilings, and rich natural woodwork. The third level has been recently insulated and framed, providing the foundation for two additional bedrooms, a bathroom, kitchenette, and expansive living area. A substantial unfinished basement offers abundant storage with multiple rooms. Additional highlights include separately metered gas and electric, two new boilers, a new roof, refrigerators, stoves, kitchen island, kitchen cabinets, kitchen flooring, light fixtures, interior and exterior paint, rear deck on the second floor, blinds, smart door locks and boiler thermostats.
Directions: Lyndale Avenue Addition to Minneapolis Lot 004 Block 004

Accessible

None: Yes

Amenities Shared

Common Laundry Facility: Yes
Concrete Floors & Walls: Yes
Deck: Yes

Basement

Full: Yes
Unfinished: Yes

Construction Materials

Block: Yes

Construction Status

Previously Owned: Yes

Electric

Circuit Breakers: Yes

Exterior

Brick/Stone: Yes
Wood: Yes

Fencing

Chain Link: Yes

Foundation

Concrete Block: Yes

Fuel

Natural Gas: Yes

Heating

Boiler: Yes

Laundry

Common Area: Yes
In Basement: Yes
Laundry Room: Yes

Owner Pays

Insurance: Yes
Sewer: Yes
Trash Collection: Yes
Water: Yes

Patio, Porch and Deck Features

Covered: Yes
Deck: Yes
Enclosed: Yes
Front Porch: Yes
Porch: Yes

Pool Description

None: Yes

Road Frontage

City Street: Yes

Road Responsibility

Public Maintained Road: Yes

Roof

Age 8 Years or Less: Yes
Asphalt Shingles: Yes
Pitched: Yes

Sellers Terms

Cash: Yes
Conventional: Yes
FHA: Yes
VA: Yes

Sewer

City Sewer/Connected: Yes

Water

City Water/Connected: Yes

No. of Ranges

Two: Yes

No. of Refrigerators

Two: Yes

Tenant Pays

Electricity: Yes
Fuel: Yes

Unit 2 Amenities

Hardwood Floors: Yes
Natural Woodwork: Yes

Unit 2 Appliances

Stainless Steel Appliances: Yes
Range: Yes

Unit 2 Cooling

None: Yes

Unit 2 Dining Room Description

Separate/Formal Dining Rm: Yes