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$489,000   Price Analysis
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2625 Columbus Ave S
Minneapolis, MN 55407
4 bed 4 bath 3,200 SqFt ($152/SqFt)
5,663SqFt lot. Built 1900
Listed 2023-12-15, Taxes $7,058
Ⓧ USDA Ineligible
due to location

near Minneapolis

Classic Minneapolis fourplex.

Featuring hardwood floors, large living spaces and natural light in every unit. Separate utilities fr each unit. Two newer forced air furnaces and two classic furnaces.

Separate water heater for each unit. Coin-op laundry in basement. Pristine paved parking area in back. Unfinished attic space.


Presented by Chris Gemlo at
Counselor Realty, Inc.
Listing Agent Photo

Property MLS #6468186 from NorthstarMLS

Bedrooms: 4

Basement Features: Concrete Block, Storage Space, Unfinished

Full Bathrooms: 4

Heating Features: Forced Air, Gravity
Heating Fuel: Natural Gas

Brick/Stone
Cement Board
Wood
Fencing: Chain Link, Partial
Road Frontage Type: City, Curbs, Paved Streets, Sidewalks, Storm Sewer
Road Responsibility: Public Maintained Road

Land Lease Amount Frequency: No
Lot Description: Tree Coverage - Medium
Lot Size Acres: 0.13
Lot Size Dimensions: 54x122
Topography: Level
Lot Size Square Feet: 5663

Parking Features: Driveway - Asphalt

Association: No
Association Amenities: Coin-op Laundry Owned, Porch, Security Building
Calculated Total Monthly Association Fees: 0
Maintenance Expense: 9517.00

Gross Income: 32968.00
Tenant Pays: Electric, Fuel

Number of Units: 4

School District: 1 - Minneapolis

Andersen Community is a public elementary and middle school located approximately 0.2 miles away.
directions icon Map directions

South Senior High School is a public high school located approximately 1.1 miles away.
directions icon Map directions

Hope Academy is a private elementary, middle and high school located approximately 0.4 miles away.
directions icon Map directions

Annual Tax Amount: 5512.00
Source Listing Status: Active
County: Hennepin
Directions: 35W, E on 36th, N on Columbus to home
Tax Year: 2023
Source Property Type: Multi-Family
Insurance Expense: 3500.00
Manager Expense: 900.00
Source Neighborhood: Phillips West
Owner Pays: Insurance, Janitorial, Lawn, Maintenance/Repair, Snow, Taxes, Trash, Water/Sewer
Parcel Number: 3502924320314
Subdivision: Shepards Sub Of 10 Emersons Add
Zoning: Residential-Multi-Family
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$337,900 + $60,600
$398,500
$7,058
2021$358,100 + $40,400
$398,500
$6,509
2020$339,100 + $40,400
$379,500
$6,708
2019$318,800 + $20,200
$339,000
$6,153
2018$266,000 + $19,500
$285,500
$5,235
2017$unknown + $unknown
$242,104
$4,424
2016$240,300 + $17,700
$258,000
$4,988
2015$213,800 + $17,700
$231,500
$4,807
2014$183,800 + $17,700
$201,500
$4,513
2013$198,700 + $13,800
$212,500
$4,780
2012$222,200 + $13,800
$236,000
$5,160
2011$244,200 + $13,800
$258,000
$5,260
2010$291,700 + $13,800
$305,500
$5,436
2009$317,200 + $13,800
$331,000
$5,956
2008$317,200 + $13,800
$331,000
$5,380
2007$320,400 + $10,600
$331,000
$5,538

Price Changed 2024-04-11
$489,000
NorthstarMLS
Listed 2023-12-15
$515,000
NorthstarMLS
Listing removed 2021-10-08
$0
TurboTenant
Listed for rent 2021-09-11
$1,125
TurboTenant
Sold 2017-06-02
$377,000
Public Record
Sold 2015-12-11
$279,900
Public Record
Sold 2015-11-04
$279,900
NorthstarMLS
Listed 2015-09-16
$279,900
NorthstarMLS
Listing removed 2015-09-07
$330,000
NorthstarMLS
Listed 2015-04-08
$330,000
NorthstarMLS

Net Operating Income: 10744.00
Operating Expense: 5298.00

Total Square Feet Living: 3200
Above Grade Finished Area: 3200
Construction Materials: Block, Concrete, Frame, Stone
Foundation Area: 800.00
Property Age: 124
Property Condition: Previously Owned
Roof: Flat
Levels or Stories: 2
Total Above Grade Sqft Area: 3200.00
Total Area Main: 1600.00
Total Below Grade Area: 800.00

Electric: 100 Amp Service
Electric Expense: 990.00
Sewer: City Sewer/Connected
Water Source: City Water/Connected
Click Thumbnail Images To View Full Size
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.