Address
2844 Columbus Avenue Minneapolis, MN
Price
$ 700,000
Property Attributes
  • ML#5612680
  • TypeMulti-Family
  • CountyHENNEPIN
  • CityMinneapolis
  • AreaAuditors Sub 215
  • NeighborhoodPhillips West
  • Zip55407
  • Style(MF) Four Plex
  • Year Built1925
  • Taxes8612
  • Price$ 700,000
  • Bedrooms6
  • Full Bathrooms3
  • Half Bathrooms0
  • Sqr Footage5300
  • Lot Size6,534 SqFt
Listing Provided Courtesy Of:
RE/MAX Results
Property Description

Turn key four plex near the Childrens Hospital in Minneapolis. This property was previously rented out through AirBnB, before recently being filled with all long term tenants. Each unit is very spacious and features a lot of old world charm with tons of modern updates. Also unique to properties like this is the large four stall garage with brand new doors and plenty of space for tenants vehicles and storage. There is a possibility of expanding a couple more units in the basement, or adding additional storage which can provide more income. Only available due to the relocation of the owner.

Price History
6/23/2020 Listed $700,000

General Features

Annual Gross Income 65760.00
Basement Full, Partial Finished, Day/Lookout Windows, Concrete Block
Complex/development/subd Auditors Sub 215
Construction Status Previously Owned
Contingency None
Cumulative Days on Market 14
DPR Eligible No
Handicap Accessible None
Has Supplements 1
Homestead No
Municipality Minneapolis
Neighborhood Phillips West
Potential Short Sale No
Present Use Yearly
Property Type MF
School District 1 - Minneapolis
Status Active
Style (MF) Four Plex
Tax Year 2020
Total Number of Units 4
Year Built 1925
Zoning Residential-Multi-Family

Interior Features

Above Ground Finished Sq 5000
Below Ground Finished Sq 300
Fuel Natural Gas
Garage Stalls 4
Heating Baseboard, Boiler
Number Of Ranges Four
Number Of Refrigerators Four
Number Of Unit 1
Total Bathrooms 4
Total Finished SqFt. 5300
Unit 1 Air Window
Unit 1 Amenities Natural Woodwork, Hardwood Floors, Tile Floors, Cable
Unit 1 Appliances Range, Microwave, Dishwasher, Refrigerator
Unit 1 Bath Characteristics Main Floor Full Bath
Unit 1 Bath Full 1
Unit 1 Dining Room Kitchen/Dining Room
Unit 1 Family Rm Characteristics Main Level
Unit 1 Finished Square Footage 1000
Unit 1 Number Of Units 1
Unit 1 Special Rooms All Living Fac. on One Level
Unit 1 Total Baths 1
Unit 1 Total Rooms 5
Unit 2 Air Window
Unit 2 Amenities Natural Woodwork, Hardwood Floors, Tile Floors
Unit 2 Annual Rent 16080
Unit 2 Appliances Range, Microwave, Dishwasher, Refrigerator
Unit 2 Bath Characteristics Main Floor Full Bath
Unit 2 Dining Room Kitchen/Dining Room
Unit 2 Family Room Characteristi Main Level
Unit 2 Finished Square Footage 1000
Unit 2 Full Bath 1
Unit 2 Number Of Bedrooms 2
Unit 2 Number Of Units 2
Unit 2 Special Rooms Main Floor Bedroom
Unit 2 Total Baths 1
Unit 2 Total Rooms 5
Unit 2 Unit Number 2
Unit 3 Air Window
Unit 3 Amenities Natural Woodwork, Hardwood Floors, Tile Floors
Unit 3 Annual Rent 16560
Unit 3 Appliances Range, Microwave, Dishwasher, Refrigerator
Unit 3 Bath Characteristics Main Floor Full Bath
Unit 3 Dining Room Kitchen/Dining Room
Unit 3 Family Room Characteristi Main Level
Unit 3 Finished Square Footage 1000
Unit 3 Number Of Units 1
Unit 3 Special Rooms Main Floor Bedroom
Unit 3 Total Baths 1
Unit 3 Total Rooms 5
Unit 3 Unit Number 3

Exterior Features

Lender Owned No
Unit 1 Bedrooms 2
Unit 1 Monthly Rent 1420
Unit 2 Monthly Rent 1340
Unit 3 Bedrooms 2
Unit 3 Full Baths 1
Unit 3 Monthly Rent 1380
Acres 0.150
Exterior Stucco
Fencing None
Foundation Size 2500
Road Frontage City
Roof Asphalt Shingles, Pitched, Age 8 Years or Less
Sewer City Sewer/Connected
Water City Water/Connected

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 55407

Price
AVG $420K
$700K
Taxes
AVG $5,202
$8,612
Visits
AVG 9
23
Year Built
AVG 1910
1925

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