4657 Colfax Avenue S, Minneapolis, MN 55419

New Listing
$699,990
Property Type: Multi-Family Bedrooms: 6 Baths: 2 Square Footage: 5,038 Lot Size (sq. ft.): 5,227 Status: Coming Soon
Current Price: $699,990 List Date: 6/29/2026 Last Modified: 7/01/2026

Overview

Description

Two front doors and two complete three-bedroom units make this up/down duplex a rare find in the Lynnhurst neighborhood, just blocks from Lake Harriet on a south-facing corner lot that pulls light through the windows all day. Each unit offers three bedrooms, one bath, and a sunroom, with hardwood floors throughout. The lower unit holds its original character: warm oak trim, leaded glass cabinet doors, a built-in buffet with beveled mirror, and bookcases flanking the living room window. The upper unit feels lighter, with painted millwork, white built-in shelving, and oversized windows facing the treetops. Both kitchens keep their vintage cabinetry, and both units run living and dining together for easy flow. Ductless mini-split cooling and radiator heat serve both levels. The lower level holds separate laundry, generous storage, and plumbing already in place to add a finished bath and bonus space. Outside, a fully fenced cedar backyard and a large two-car garage round out the lot. Live ...

Open Houses

  • Saturday, July 11, 12:00 pm - 2:00 pm

Listing Details MLS# 7089696

General Property Information

Lot Measurement
Square Feet
Multiple PIDs?
No
Owner Occupied
No
Waterfront YN
No
Year Built
1900
Yearly/Seasonal
Yearly
Zoning
Residential-Multi-Family
Main Floor Total SqFt
1595
Above Ground SqFt
3442
Below Grd Total SqFt
1596
Total SqFt
5038
Foundation Size
1596
Lot Size SqFt
5227
Style
(MF) Duplex Up and Down
Total Finished Sqft
3442.00
Garage Stalls
2
Lot Dimensions
135.2x40
Assessment Pending
No

Property Features

Accessible: None Basement: Full; Shared Access; Storage Space; Unfinished Construction Status: Previously Owned Exterior: Brick/Stone; Stucco Foundation: Concrete Block Fuel: Natural Gas Heating: Forced Air Lock Box Type: Combo Owner Pays: Insurance; Maintenance/Repair; Sewer; Taxes; Trash Collection; Water Sewer: City Sewer/Connected Stories: Two Tenant Pays: Electricity; Gas Unit 1 Amenities: Hardwood Floors; Kitchen Window; Main Floor Primary Bedroom; Natural Woodwork; Tile Floors Unit 1 Appliances: Dishwasher; Disposal; Exhaust Fan/Hood; Freezer; Range; Refrigerator; Washer Unit 1 Bath Description: Main Floor Full Bath Unit 1 Cooling: Ductless Mini-Split Unit 1 Special Search: 3 BR on One Level Unit 2 Amenities: Hardwood Floors; Kitchen Window; Natural Woodwork; Tile Floors Unit 2 Appliances: Dishwasher; Disposal; Dryer; Exhaust Fan/Hood; Freezer; Range; Refrigerator; Washer Unit 2 Bath Description: Main Floor Full Bath Unit 2 Cooling: Ductless Mini-Split Unit 2 Special Search: 3 BR on One Level Water: City Water/Connected

Contract Information

Contingency
None
Original List Price
699990
ListPrice
699990
Owner is an Agent?
No
Auction?
No

Location Tax and Other Information

House Number
4657
Street Name
Colfax
Street Suffix
Avenue
Street Direction Suffix
S
Postal City
Minneapolis
County
Hennepin
State
MN
Zip Code
55419
Complex/Dev/Subdivision
Lyndale Heights Add

Assessments

Tax With Assessments
11742.06
Assessment Balance
0

Building Information

Finished SqFt Above Ground
3442

More Information

Income and Expenses

Annual Gross Expenses
11742
Annual Gross Income
51780
Total Annual Expenses
11742
Annual Caretaker Expense
0
Annual Electric Expense
0
Annual Fuel Expense
0
Annual Insurance Expense
0
Annual Maintenance Expense
0
Annual Repair Expense
0
Annual Trash Expense
0
Annual Water/Sewer Expense
0

Lease Details

Land Leased
Not Applicable

Miscellaneous Information

Homestead
No

Ownership

Fractional Ownership
No

Parking Characteristics

Garage Square Feet
400

Public Survey Info

Range#
24
Section#
16
Township#
28

Unit 1

Furnished?
No
Leased?
Yes
Level
Main Level
Unit Number
Yes
Annual Rent
24600
Finished SqFt
1596
Full Baths
Yes
Monthly Rent
2050
No. of Units Like This
Yes
Total Baths
Yes
Total Bedrooms
3
Total Rooms
8

Unit 2

Furnished?
No
Leased?
Yes
Level
2nd Level
Unit Number
2
Annual Rent
27180
Finished SqFt
1596
Full Baths
Yes
Monthly Rent
2265
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 016 BLOCK 003 LYNDALE HEIGHTS ADDN TO MPLS
Listing City
Minneapolis
Map Page
120
Municipality
Minneapolis
School District
Minneapolis
School District Phone
612-668-0000
Zip Plus 4
3058
Property ID Number
1602824110068
Tax Year
2025
Tax Amount
11742.06
In Foreclosure?
No
Potential Short Sale?
No
Lender Owned?
No

Directions & Remarks

Public Remarks
Two front doors and two complete three-bedroom units make this up/down duplex a rare find in the Lynnhurst neighborhood, just blocks from Lake Harriet on a south-facing corner lot that pulls light through the windows all day. Each unit offers three bedrooms, one bath, and a sunroom, with hardwood floors throughout. The lower unit holds its original character: warm oak trim, leaded glass cabinet doors, a built-in buffet with beveled mirror, and bookcases flanking the living room window. The upper unit feels lighter, with painted millwork, white built-in shelving, and oversized windows facing the treetops. Both kitchens keep their vintage cabinetry, and both units run living and dining together for easy flow. Ductless mini-split cooling and radiator heat serve both levels. The lower level holds separate laundry, generous storage, and plumbing already in place to add a finished bath and bonus space. Outside, a fully fenced cedar backyard and a large two-car garage round out the lot. Live in one unit and rent the other, or hold both as well-located income near the lakes, Minnehaha Creek, and the 46th Street shops. Period character and a setting this close to Lake Harriet are not easily reproduced. Don’t miss this amazing opportunity!
Directions
50th to Colfax Ave So, north to home.

Accessible

None
Yes

Basement

Full
Yes
Shared Access
Yes
Storage Space
Yes
Unfinished
Yes

Construction Status

Previously Owned
Yes

Exterior

Brick/Stone
Yes
Stucco
Yes

Foundation

Concrete Block
Yes

Fuel

Natural Gas
Yes

Heating

Forced Air
Yes

Lock Box Type

Combo
Yes

Owner Pays

Insurance
Yes
Maintenance/Repair
Yes
Sewer
Yes
Taxes
Yes
Trash Collection
Yes
Water
Yes

Sewer

City Sewer/Connected
Yes

Stories

Two
Yes

Water

City Water/Connected
Yes

Tenant Pays

Electricity
Yes
Gas
Yes

Unit 1 Amenities

Hardwood Floors
Yes
Kitchen Window
Yes
Main Floor Primary Bedroom
Yes
Natural Woodwork
Yes
Tile Floors
Yes

Unit 1 Appliances

Dishwasher
Yes
Disposal
Yes
Exhaust Fan/Hood
Yes
Freezer
Yes
Range
Yes
Refrigerator
Yes
Washer
Yes

Unit 1 Bath Description

Main Floor Full Bath
Yes

Unit 1 Cooling

Ductless Mini-Split
Yes

Unit 1 Special Search

3 BR on One Level
Yes

Unit 2 Amenities

Hardwood Floors
Yes
Kitchen Window
Yes
Natural Woodwork
Yes
Tile Floors
Yes

Unit 2 Appliances

Dishwasher
Yes
Disposal
Yes
Dryer
Yes
Exhaust Fan/Hood
Yes
Freezer
Yes
Range
Yes
Refrigerator
Yes
Washer
Yes

Unit 2 Bath Description

Main Floor Full Bath
Yes

Unit 2 Cooling

Ductless Mini-Split
Yes

Unit 2 Special Search

3 BR on One Level
Yes
IDX
Listing Office: RE/MAX Results
Last Updated: July - 01 - 2026
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity SM Program of the Regional Multiple Listing Service of Minnesota, Inc. The information provided is deemed reliable but not guaranteed. Properties subject to prior sale, change or withdrawal. ©2024 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.