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2447 Colfax Avenue S, Minneapolis, MN 55405

Status: Sold

2 units
3,151 sq ft 2 garage spaces

$509,000

WELCOME HOME

Get to know this property.

A prime opportunity for owner-occupants or investors, this classic 1900s duplex at 2447 Colfax is situated in a vibrant neighborhood filled with parks, trails, and diverse entertainment. Recognized by the Betsy-Tacy Society for its literary significance, this historic site was once the home of author Maud Hart Lovelace’s sister and brother-in-law. The property features expansive upper and lower wrap-around porches, a shared patio, and a two-car detached garage. Above the garage, a finished 16x19 climate-controlled studio provides additional income, currently rented for $350/month. Inside, Unit 1 ($1,700/mo) offers an open-concept layout with high ceilings, hardwood floors, and central air. Unit 2 ($2,200/mo) spans two floors, including a fully finished third-floor loft with its own kitchenette and living space. Significant updates provide peace of mind, including a 2023 roof, newer Carrier furnaces, and updated electrical. This solid, well-maintained duplex is ready for its next chapter—come see it for yourself!

The details that matter.

General Property Information for 2447 Colfax Avenue S, Minneapolis, MN 55405 - MLS# 7068074
Bedrooms and Bathrooms
Total Bedrooms:
6
Total Bathrooms:
3
Size and Multi Family Residence
Year Built:
1900
Type of Property:
Multi Family Residence
Style:
Duplex Up and Down
Stories/Levels:
More Than 2 Stories
Total SqFt:
3,151
Total Fnsh'd SqFt:
3,151
Above Ground SqFt:
3,151
Finished Above Grade:
3,151
Below Ground SqFt:
1,229
Finished Below Grade:
0
Garage Stalls:
2
Garage SqFt:
576
Main Floor SqFt:
1,229
Approx Lot Dimensions:
45 x 128
Approx Number of Acres:
0.13
Income and Expenses
Gross Income:
$51,000
Total Expenses:
$0

A closer look at the location.

Hennepin to 24th East to Colfax South to building

This listing has been entered by the following office: Coldwell Banker Realty - Southwest Regional

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Regional Multiple Listing Service of Minnesota, Inc. Real estate listings held by brokerage firms other than MnRealtyCo, LLC are marked with the Broker Reciprocity or the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers.

All information provided is deemed reliable, but is not guaranteed and should be independently verified.

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