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2601 Colfax Ave

Minneapolis, MN 55408

6 bd 3 ba 3,200 sqft Built 1900 Lot 3,485 sqft multi_family
Most recent sale
$545,000
Sep 15, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Sep 15, 2022 Sold $545,000 MLS #6219999
Jul 19, 2022 Price changed $565,000 MLS #6219999
Jun 15, 2022 Listed $593,000 MLS #6219999
Dec 28, 2013 Sold $385,000 MLS #4342618
Oct 9, 2013 Listing removed $385,000 Arrowhead
Mar 13, 2013 Price changed $385,000 MLS #4342618
Mar 7, 2013 Listed $385,000 MLS #1092884
Mar 12, 1998 Sold $192,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $505,000 $94,000 $599,000 $10,888
2024 $473,000 $120,000 $593,000 $7,998
2023 $516,000 $120,000 $636,000 $8,756
2022 $570,000 $81,000 $651,000 $11,194
2021 $606,100 $44,900 $651,000 $10,898
2020 $606,100 $44,900 $651,000 $11,830
2019 $621,100 $29,900 $651,000 $10,784
2018 $562,100 $29,900 $592,000 $9,821
2017 $503,600 $29,900 $533,500 $9,067
2016 $454,800 $27,200 $482,000 $7,790
2015 $374,300 $27,200 $401,500 $7,102
2014 $321,800 $27,200 $349,000 $5,508
2013 $293,575 $5,677
2012 $293,575 $5,197
2011 $293,575 $5,559
2010 $303,300 $31,700 $335,000 $5,041
2009 $315,300 $31,700 $347,000 $5,388
2008 $333,800 $31,700 $365,500 $5,401
2007 $346,000 $22,100 $368,100 $4,997

Property facts

Year built
1900
Property type
multi_family
Stories
2
Beds
6
Baths
3
Living area
3,200 sqft
Lot size
3,485 sqft
ZIP code
55408
City
Minneapolis
Street
Colfax Ave
Coordinates
44.95541, -93.29157

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$4,800
Gross rental yield
10.57%
Implied cap rate
6.87%
Trend-extrapolated value

Frequently asked questions

When did 2601 Colfax Ave last sell?
2601 Colfax Ave most recently sold on Sep 15, 2022 for $545,000.
What is the current tax assessment for 2601 Colfax Ave?
The most recent total assessment for 2601 Colfax Ave (year 2025) is $599,000 with $10,888 in property tax.
How does 2601 Colfax Ave's assessment compare to its last sale price?
The current assessment is 9.9% above the last sale price of $545,000.
When was 2601 Colfax Ave built?
2601 Colfax Ave was built in 1900.
How does 2601 Colfax Ave compare to others on Colfax Ave?
We track 8 other properties on Colfax Ave. Browse the list under "Other properties on Colfax Ave" to compare beds, baths, and sale history.
What are the property facts for 2601 Colfax Ave?
2601 Colfax Ave is a 6 bed, 3 bath, 3,200 sqft, 3,485 sqft lot multi_family.
Is 2601 Colfax Ave a flip candidate?
No — 2601 Colfax Ave does not appear in our flips dataset.
Is 2601 Colfax Ave a tax-appeal candidate?
No — 2601 Colfax Ave is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-4.7%
Implied 1-yr
-18.8%
2026 Q3
$322.5K
2026 Q4
$300.6K
ZIP 55408 — Median Price History + Forecast

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