2624-2626 Colfax Ave
Minneapolis, MN 55408
6 bd 3 ba 3,312 sqft Built 1911 Lot 5,227 sqft multi_family
Most recent sale
$700,000
Jun 22, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jun 22, 2022 | Sold | $700,000 | MLS #6180615 |
| May 25, 2022 | Relisted | $700,000 | MLS #6180615 |
| May 9, 2022 | Listed | $700,000 | MLS #6180615 |
| Jun 1, 1983 | Sold | $100,500 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $399,000 | $134,000 | $533,000 | $9,688 |
| 2024 | $408,000 | $168,000 | $576,000 | $9,194 |
| 2023 | $416,000 | $168,000 | $584,000 | $7,920 |
| 2022 | $447,000 | $135,000 | $582,000 | $8,367 |
| 2021 | $487,000 | $135,500 | $622,500 | $8,747 |
| 2020 | $487,000 | $135,500 | $622,500 | $9,468 |
| 2019 | $532,200 | $90,300 | $622,500 | $8,931 |
| 2018 | $475,700 | $90,300 | $566,000 | $9,624 |
| 2017 | $419,700 | $90,300 | $510,000 | $8,886 |
| 2016 | $377,400 | $82,100 | $459,500 | $7,726 |
| 2015 | $303,400 | $82,100 | $385,500 | $8,090 |
| 2014 | $303,400 | $82,100 | $385,500 | $7,353 |
| 2013 | $255,500 | $79,500 | $335,000 | $7,395 |
| 2012 | $260,600 | $74,400 | $335,000 | $7,195 |
| 2011 | $260,600 | $74,400 | $335,000 | $7,609 |
| 2010 | $297,100 | $74,400 | $371,500 | $7,387 |
| 2009 | $338,100 | $74,400 | $412,500 | $7,460 |
| 2008 | $338,100 | $74,400 | $412,500 | $6,865 |
| 2007 | $318,400 | $46,700 | $365,100 | $6,134 |
Property facts
Year built
1911
Property type
multi_family
Stories
2
Beds
6
Baths
3
Living area
3,312 sqft
Lot size
5,227 sqft
ZIP code
55408
City
Minneapolis
Street
Colfax Ave
Coordinates
44.95476, -93.29223
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$4,968
Gross rental yield
8.52%
Implied cap rate
5.54%
Trend-extrapolated value
—
Frequently asked questions
When did 2624-2626 Colfax Ave last sell?
2624-2626 Colfax Ave most recently sold on Jun 22, 2022 for $700,000.
What is the current tax assessment for 2624-2626 Colfax Ave?
The most recent total assessment for 2624-2626 Colfax Ave (year 2025) is $533,000 with $9,688 in property tax.
How does 2624-2626 Colfax Ave's assessment compare to its last sale price?
The current assessment is 23.9% below the last sale price of $700,000.
When was 2624-2626 Colfax Ave built?
2624-2626 Colfax Ave was built in 1911.
How does 2624-2626 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 2624-2626 Colfax Ave?
2624-2626 Colfax Ave is a 6 bed, 3 bath, 3,312 sqft, 5,227 sqft lot multi_family.
Is 2624-2626 Colfax Ave a flip candidate?
No — 2624-2626 Colfax Ave does not appear in our flips dataset.
Is 2624-2626 Colfax Ave a tax-appeal candidate?
No — 2624-2626 Colfax Ave is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
-4.7%
Implied 1-yr
-18.8%
2026 Q3
$322.5K
2026 Q4
$300.6K
ZIP 55408 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Colfax Ave