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3923 Colfax Ave

Minneapolis, MN 55412

2 bd 1 ba 966 sqft Built 1926 Lot 5,227 sqft single_family
Most recent sale
$176,000
Jul 20, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jan 8, 2025 Sold $155,000 Public Record
Jan 7, 2025 Sold $115,000 Public Record
Jul 20, 2022 Sold $176,000 MLS #6229115
Jul 2, 2022 Listed $179,900 MLS #6229115
Mar 18, 1997 Sold $51,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2020 $85,930 $1,223
2019 $81,025 $1,266
2018 $81,025 $1,080
2017 $68,490 $1,153
2016 $71,215 $1,582
2015 $88,200 $11,300 $99,500 $1,386
2014 $71,700 $11,300 $83,000 $1,021
2013 $53,230 $1,149
2012 $60,315 $1,275
2011 $69,035 $1,383
2010 $83,400 $16,100 $99,500 $1,279
2009 $83,500 $23,000 $106,500 $1,448
2008 $93,000 $23,000 $116,000 $1,532
2007 $109,400 $22,600 $132,000 $1,609

Property facts

Year built
1926
Property type
single_family
Stories
1
Beds
2
Baths
1
Living area
966 sqft
Lot size
5,227 sqft
ZIP code
55412
City
Minneapolis
Street
Colfax Ave
Coordinates
45.02646, -93.29224

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,449
Gross rental yield
9.88%
Implied cap rate
6.42%
Trend-extrapolated value

Frequently asked questions

When did 3923 Colfax Ave last sell?
3923 Colfax Ave most recently sold on Jul 20, 2022 for $176,000.
What is the current tax assessment for 3923 Colfax Ave?
The most recent total assessment for 3923 Colfax Ave (year 2020) is $85,930 with $1,223 in property tax.
How does 3923 Colfax Ave's assessment compare to its last sale price?
The current assessment is 51.2% below the last sale price of $176,000.
When was 3923 Colfax Ave built?
3923 Colfax Ave was built in 1926.
How does 3923 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 3923 Colfax Ave?
3923 Colfax Ave is a 2 bed, 1 bath, 966 sqft, 5,227 sqft lot single_family.
Is 3923 Colfax Ave a flip candidate?
Yes — 3923 Colfax Ave appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 3923 Colfax Ave a tax-appeal candidate?
No — 3923 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
+1.0%
Implied 1-yr
+4.1%
2026 Q3
$241.7K
2026 Q4
$244K
ZIP 55412 — Median Price History + Forecast

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