3251 Colfax Avenue N

Minneapolis, MN
$ 230,000 Beds 4 Baths 1 Sq 1,783 Virtual Tour
Monthly Estimate* How much can I afford?

Fantastic opportunity for first-time homebuyers, growing families, or savvy investors looking to build instant equity! Situated on a desirable corner lot, this charming 4-bedroom, 1-bath home offers a functional layout with two bedrooms conveniently located on the main level—a feature that’s becoming increasingly difficult to find. The inviting living room features a cozy fireplace, creating the perfect space to relax and gather with family and friends. Enjoy summer BBQs on the spacious backyard deck with family and friends. The home includes a 1-car garage plus an additional paved parking area in the backyard, providing convenient off-street parking year-round—especially during winter snow emergencies and street plowing. The unfinished basement offers tremendous potential for future expansion. Whether you envision additional bedrooms, a spacious family room, home office, fitness area, or extra storage, the lower level provides a blank canvas to customize the space while building equity from day one. With four bedrooms, two bathrooms, generous living space, and endless possibilities for future value, this home offers an affordable path to homeownership and the opportunity to make it your own. Conveniently located near schools, shopping, restaurants, and major commuter routes, you’ll enjoy both comfort and convenience. Don’t miss this opportunity to own a home with character, potential, and room to grow. Bring your ideas and unlock the possibilities!

Single Family

  • Price
  • $ 230,000
  • City
  • Minneapolis
  • Bedrooms
  • 4
  • Full Bathrooms
  • 1
  • County
  • HENNEPIN
  • Half Bathrooms
  • 0
  • Area
  • Bakers 4th Add
  • Lot Size
  • 0.13 Acres
  • Zip
  • 55412
  • Sqr Footage
  • 1,783
  • Year Built
  • 1926
  • Taxes
  • $ 3768
  • Style
  • Single Family
  • MLS#
  • 7091445
Listed By: eXp Realty
Data Source: Northstar MLS (NSTAR)

Features

General

Living Area 1783
Sewer City Sewer/Connected
Heating Baseboard,Boiler
Cooling None
Roof Age Over 8 Years,Asphalt
Appliances Range,Refrigerator
Garage Spaces 1
Pool Features None
Year Built 1926
Levels One and One Half
Property Subtype Single Family
Tax Year 2026
Accessibility None
County Hennepin
New Construction No
Property Type Residential
HOA No
Contingency None
Subdivision Name Bakers 4th Add
Full Baths 1
Directions Lyndale Ave to 33rd Ave (West) to Colfax,corner Colfax and 33rd
City Minneapolis
High School District Minneapolis
Zoning Description Residential-Single Family
Lot Size Units Acres
Property Attached Y/N No
Land Lease Y/N No
Tax Annual Amount 3768
Additional Parcels Y/N No
Standard Status Active
Lender Owned No
Amenities Unit Deck,Kitchen Window,Main Floor Primary Bedroom,Porch
PostalCity Minneapolis

Interior Features

Basement Block,Full
Total Fireplaces 1
Fireplace Features Living Room,Wood Burning
Basement (Y/N) Yes
Fireplace Y/N Yes
Above Grade Finished Area 1483
Total Bedrooms 4
Below Grade Finished Area 300
Total Baths 1
Bath Desc Main Floor Full Bath
Dining Room Description Eat In Kitchen
Fuel Natural Gas
Garage Square Feet 160

Exterior Features

Fencing Chain Link
Parking Features Detached Garage,Concrete
Lot Features Corner Lot,Tree Coverage - Light
Water Source City Water/Connected
Lot Size Area 0.13
Building Area Total 2571
Lot Dimensions 126x40
Waterfront Y/N No
Foundation Area 1088
Road Frontage Type Curbs,Paved Streets,Sidewalks,Street Lights

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

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the Faribault, MN office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

6/18/2026 Listed $230,000

Property vs Zip Code Average in 55412

Price
AVG $240K
$230K
Taxes
AVG $2,887
$3,768
Year Built
AVG 1938
1926
Visits
AVG 111
282
Data Provided by Inside Real Estate®

3251 Colfax Avenue N Minneapolis, MN is a Single Family Home for sale at $230000 with 1783 sqft and a lot size of 0.13 Acres Acre(s). 3251 Colfax Avenue N Minneapolis has 4 bedrooms, 1 baths and was built in 1926. The property's zip code is 55412 which is in Minneapolis, MN

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.