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2625 Columbus Ave, Minneapolis, MN, 55407

$439,900

Home List Price

$5,224*

Closing Credit

0 Baths
3,200 SqFt
$137/SqFt
Multi

Location

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2625 Columbus Ave, Minneapolis$439,900

Buyer Closing Credits

$5,224*

1.25% Loan Amount

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Property Highlights

Home TypeQuadruplex
Year Built1885
HeatingForced Air, Gravity
BasementYes
MLS #6608124
StatusActive

About 2625 Columbus Ave

Solid, steady income producing 4-plex in S Mpls. Updates have been done throughout as needed. Four 1br units, all same layout - separate meters for tenants to pay gas & electric. Current rents - Unit 1: $1,000, Unit 2: $1,050 Unit 3: $1,100; Unit 4: $1,010. Unit can be made available for owner-occ.

Property Details

Property Features

Property Information:

  • Year Built: 1885
  • Living Area: 3,200 SqFt

Listing Office:

  • Office Name: Verde Real Estate Group

Interior Features

Interior Information:

  • Basement: Yes

Virtual/3D Tour

  • 3D Tour: 2625 Columbus Ave
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Utilities

Utilities Information:

  • Heating: Forced Air, Gravity

Other

Directions Information:

  • Directions: 35W, E on 36th, N on Columbus to home

Price Information

Listing Price Info

Price Summary:

  • List Price: $439,900
  • Price Per SqFt: $137/SqFt

Tax Information:

  • Annual Amount: $6,510
  • Tax Year: 2020
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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

$349.8K

Med. Price/SqFt

$202

Avg. Days On Market

34

# of Sold Homes

978

2625 Columbus Ave vs Minneapolis

44 DAYS ON ROCKET

+10 Days

$439,900

+$90K More

$137/SqFt

-$65 Less

KEY TAKEAWAY

This property is $90K more than the Median Sold Price and $65/SqFt less than other homes in Minneapolis, MN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NORTHSTAR
  • MLS Number: #6608124

Listing Office:

  • Office Name: Verde Real Estate Group

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Last updated on: 11/13/2024, 11:52:48 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jun 02, 2017Home Sold
$377,000
Dec 11, 2015Home Sold
$279,900

Tax History

YEARPROP. TAXASSESSMENT
2020$6,510$398,500
2019$6,708$379,500
2018$6,153$339,000
2017$5,235$285,500

History based on county public records data.

Payment Calculator

$2,263

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,385

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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.

Nearby Schools

school-card-donut-111216
2
/10

  • Hennepin Elementary School

  • 2123 Clinton Ave

  • 0.60 miles

  • Public Charter Grades KG-5

school-card-donut-111217
2
/10

  • Whittier International Baccalaureate World School

  • 315 W 26th St

  • 1.01 miles

  • Public Magnet Grades PK-5

school-card-donut-111218
3
/10

  • Green Central Park Elementary School

  • 3416 4th Ave S

  • 1.06 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $26,842. Most Minneapolis, MN residents have annual incomes less than $35k. Residents typically live in single, no kids family. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Rocket Homes›Minnesota›Hennepin County›Minneapolis›55407›2625 Columbus Ave

This home is located at 2625 Columbus Ave in Minneapolis, MN and zip code 55407 in the Phillips neighborhood. This 3,200 square foot home was built in 1885. It has been listed on Rocket Homes since October 01, 2024 and is currently priced at $439,900.

While more than 356 listings in Minneapolis, MN in October 2024 were sold above asking price, there were more than 223 listings sold at asking price, and more than 399 were sold below. Between September 2024 and October 2024, Minneapolis, MN real estate market has seen increase in the number of listings by 9.3%. The median list price of listings available in October 2024 was $349,843, while the average time on the real estate market was 34 days.

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

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