★ Veteran owned and operatedWe don’t just sell; We educate.®
← Back to search results

3340 Colfax Avenue S, Minneapolis, MN 55408

Status: Sold

2 units
2,115 sq ft

$495,000

$10,000 from List Price

WELCOME HOME

Get to know this property.

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 parking for 2–3 cars, Adding to the appeal are the unbeatable walkability and lifestyle amenities just steps from Lake Bde Maka Ska, shopping, dining, grocery stores, and everything Uptown has to offer. this income-producing gem is truly one of a kind. A must-see opportunity, priced to sell. Don’t miss your chance to own this exceptional property in one of Minneapolis’ premier locations. A must see opportunity, priced to sell. Don’t miss your chance to own this exceptional property in one of Minneapolis’ premier locations.

The details that matter.

General Property Information for 3340 Colfax Avenue S, Minneapolis, MN 55408 - MLS# 7071251
Bedrooms and Bathrooms
Total Bedrooms:
5
Total Bathrooms:
2
Size and Multi Family Residence
Year Built:
1909
Type of Property:
Multi Family Residence
Style:
Other
Stories/Levels:
1.5 Story
Total SqFt:
2,115
Total Fnsh'd SqFt:
2,115
Above Ground SqFt:
1,315
Finished Above Grade:
1,315
Below Ground SqFt:
800
Finished Below Grade:
800
Garage Stalls:
0
Garage SqFt:
0
Main Floor SqFt:
1,015
Approx Lot Dimensions:
40 X 129
Approx Number of Acres:
0.12
Income and Expenses
Gross Income:
$26,000
Total Expenses:
$0

A closer look at the location.

Hennepin Ave to 33rd St So. East to Colfax and then South to house

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

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.

Copyright 2026 Regional Multiple Listing Service of Minnesota, Inc. All rights reserved.