Address
2625 Columbus Avenue S, Minneapolis, MN
Price
$ 489,000
Property Attributes
  • ID#6468186
  • TypeMulti-Family
  • CountyHENNEPIN
  • CityMinneapolis
  • AreaShepards Sub Of 10 Emersons Add
  • NeighborhoodShepards Sub Of 10 Emersons Add
  • Zip55407
  • StyleQuadruplex
  • Year Built1900
  • Taxes$ 5512
  • Price$ 489,000
  • Bedrooms4
  • Full Bathrooms4
  • Half Bathrooms0
  • Sqr Footage3200
  • Lot Size5,663 SqFt
Data Source:
Northstar MLS (NSTAR)
Property Description

Classic Minneapolis fourplex. Featuring hardwood floors, large living spaces, and natural light in every unit. Separate utilities for each unit. Two newer forced air furnaces and two classic furnaces. Separate water heater for each unit. Coin-op laundry in basement. New paved parking area in back. Unfinished attic space.

Price History
12/15/2023 Listed $515,000
4/11/2024 6% - $489,000

General Features

Sewer City Sewer/Connected
Heating Forced Air,Gravity
Roof Flat
Construction Materials Brick/Stone,Fiber Cement,Wood Siding
Year Built 1900
Electric 100 Amp Service
Tenant Pays Electricity,Fuel
Topography Level
Levels Two
Property SubType Quadruplex
Tax Year 2023
Gross Income 32968
OwnerPays Insurance,Janitorial Service,Grounds Care,Repairs,Snow Removal,Taxes,Trash Collection,Water
Accessibility None
County Hennepin
Operating Expense 5298
Insurance Expense 3500
New Construction No
Property Type Residential Income
Association Amenities Coin-op Laundry Owned,Porch,Security
Contingency None
MaintenanceExpense 9517
Subdivision Name Shepards Sub Of 10 Emersons Add
Directions 35W,E on 36th,N on Columbus to home
City Minneapolis
Buyer Agent Compensation 2.50
High School District Minneapolis
Zoning Description Residential-Multi-Family
Total Units 4
Street Name Columbus
Land Lease Y/N No
Tax Annual Amount 5512
Electric Expense 990
Additional Parcels Y/N No
Days on Market 112
Standard Status Active
Lender Owned No
Buyer Agent Compensation Type %
PostalCity Minneapolis

Interior Features

Basement Block,Storage/Locker,Storage Space,Unfinished
Basement (Y/N) Yes
Above Grade Finished Area 3200
Street Suffix Avenue
Foundation Dimensions 20x40
Fuel Natural Gas

Exterior Features

Fencing Chain Link,Partial
Parking Features Asphalt
Lot Features Tree Coverage - Medium
Water Source City Water/Connected
Lot Size Area 0.13
Lot Dimensions 54x122
Lot Size Units Acres
Foundation Area 800
Road Frontage Type City Street,Curbs,Paved Streets,Sidewalks,Storm Sewer
Road Responsibility Public Maintained Road

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 55407

Price
AVG $520K
$490K
Taxes
AVG $6,843
$5,512
Visits
AVG 164
247
Data Provided by Inside Real Estate®
Year Built
AVG 1913
1900

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