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2845 Colfax Ave S Unit W304, Minneapolis, MN, 55408

$550,000

Home List Price

$6,531*

Closing Credit

2 Bedrooms
2 Full Baths
1,516 SqFt
$363/SqFt
Condo
Schools Nearby

Location

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2845 Colfax Ave S Unit W304, Minneapolis$550,000

Buyer Closing Credits

$6,531*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingAttached Garage, Concrete, Floor Drain, Garage Door Opener, Heated Garage, Shared Garage/Stall, Storage, Underground
Attached Garage2 spaces
Year Built2004
HeatingForced Air
CoolingCentral Air
FireplaceGas
MLS #6524225
StatusActive

About 2845 Colfax Ave S Unit W304

Welcome to your new oasis in the heart of Uptown, Minneapolis in Midtown Lofts! This sun-soaked luxury condo offers a southern exposure that bathes the entire 35-foot-wide great room in natural light. The heart of this home is its open-concept main living area, featuring a generously sized kitchen with eat-in island. The well-thought-out floor plan flanks the two bedrooms on either side of the main living quarters, each boasting its own full bath for ultimate convenience. You get your choice of cozy fireplace or an expansive wraparound corner balcony to experience the views and a perfect setting for morning coffee or evening sunsets. The primary bedroom opens up to a second balcony, providing a peaceful retreat overlooking the lush greenway. Location is key, and this condo nails it. Situated just below the entrance to the dedicated sunken biking and walking path less than a mile away from both Bde Maka Ska and Lake of the Isles. Perfect location for your active urban lifestyle!

Property Details

Property Features

Property Information:

  • Year Built: 2004
  • Living Area: 1,516 SqFt

Listing Office:

  • Office Name: Keller Williams Realty Integrity-Edina

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Stainless Steel Appliances, Washer
  • Basement: No
  • Fireplace: Gas

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: Attached Garage, Concrete, Floor Drain, Garage Door Opener, Heated Garage, Shared Garage/Stall, Storage, Underground

Lot Features

Lot Information:

  • Lot: Few Trees

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Southwest High School, Public District Grades 9-12
  • Jefferson Community School, Public District Grades PK-8

Other

Directions Information:

  • Directions: 35W West on Lake Street, Right on Colfax. On right between Lake and 28th Street.

Price Information

Listing Price Info

Price Summary:

  • List Price: $550,000
  • Price Per SqFt: $363/SqFt

HOA Fees:

  • Amount: $675
  • Frequency: Monthly
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Housing Market Comparison

See how this home compares to others in Minneapolis, MN.

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Minneapolis, MN

City

Med. Sold Price

$341.2K

Med. Price/SqFt

$201

Avg. Days On Market

38

# of Sold Homes

862

2845 Colfax Ave S Unit W304 vs Minneapolis

5 DAYS ON ROCKET

-33 Days

$550,000

+$208.7K More

$363/SqFt

+$161 More

KEY TAKEAWAY

This property is $208.7K more than the Median Sold Price and $161/SqFt more than other homes in Minneapolis, MN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NORTHSTAR
  • MLS Number: #6524225

Listing Office:

  • Office Name: Keller Williams Realty Integrity-Edina

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Property Sales & Tax

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Payment Calculator

$3,488

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,715

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-2521974
1
/10

  • Jefferson Community School

  • 1200 W 26th St

  • 0.40 miles

  • Public District Grades PK-8

High School

school-card-donut-2521975
5
/10

  • Southwest High School

  • 3414 W 47th St

  • 2.71 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $63,057. Most Minneapolis, MN residents have annual incomes between $35k-100k. Typical family type is single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 2845 Colfax Ave S Unit W304

What is the listing price of this property?

The listing price of 2845 Colfax Ave S Unit W304 property is $550,000.

What type of property is this?

The property 2845 Colfax Ave S Unit W304 is a condo located in Minneapolis, Minnesota, 55408.

Is this property for sale now?

Active Listing: 2845 Colfax Ave S Unit W304 is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 2845 Colfax Ave S Unit W304 are:
Jefferson Community School: GreatSchools Rating 1/10
Southwest High School: GreatSchools Rating 5/10

How many bedrooms and bathrooms does this property have?

The property at 2845 Colfax Ave S Unit W304 has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 2845 Colfax Ave S Unit W304 is 1,516 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 2845 Colfax Ave S Unit W304 is 2004.

Rocket Homes›Minnesota›Hennepin County›Minneapolis›55408›2845 Colfax Ave S Unit W304

This home is located at 2845 Colfax Ave S Unit W304 in Minneapolis, MN and zip code 55408 in the Calhoun-Isles neighborhood. This 1,516 square foot home was built in 2004. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since April 23, 2024 and is currently priced at $550,000.

Over 380 listings were sold over their listed price in March 2024 in Minneapolis, MN. In the same period over 317 listings were sold below the listed price and 165 listings were sold for the listed price. Between February 2024 and March 2024, Minneapolis, MN real estate market has seen increase in the number of listings by 15.5%. In March 2024 median list price was $341,287 and the average listing age was 38 days.

From Rocket Homes Real Estate and based on county public records data.

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