1 year on rocket

4550 Madison St NE, Columbia Heights, MN, 55421

$759,900

Home List Price

$9,024*

Closing Credit

0 Baths
3,840 SqFt
$198/SqFt
Multi

Location

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4550 Madison St NE, Columbia Heights$759,900

Buyer Closing Credits

$9,024*

1.25% Loan Amount

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Property Highlights

Home TypeQuadruplex
ParkingPaved
Year Built1961
HeatingForced Air
BasementYes
MLS #6383703
StatusActive

About 4550 Madison St NE

Fantastic investment opportunity, all 4 units have 3 bedrooms per unit for a total of 12 bedrooms. located on cul-de-sac with off street parking and laundry on each level! All separate utilities per unit (4 forced air furnaces, 4 Central air units, 4 gas meters, 4 electric meters). Central air in all units (2010), New Soffits, facia and gutters (2018) 2 coin operated washers and 2 dryers for extra income. 2 Newly updated units with Stainless appliances and new flooring. This is a unique 4 unit building that is a great investment. Don't miss this one!

Property Details

Property Features

Property Information:

  • Year Built: 1961
  • Living Area: 3,840 SqFt

Listing Office:

  • Office Name: RE/MAX Results

Interior Features

Interior Information:

  • Basement: Yes

Exterior Features

Parking Information:

  • Parking: Paved

Utilities

Utilities Information:

  • Heating: Forced Air

Other

Directions Information:

  • Directions: University ave to 44th Ave East to Madison St NE, north 2 blocks to property on the left in the cul-de-sac

Price Information

Listing Price Info

Price Summary:

  • List Price: $759,900
  • Price Per SqFt: $198/SqFt

Tax Information:

  • Annual Amount: $6,128
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Columbia Heights, MN.

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Columbia Heights, MN

City

Med. Sold Price

$290K

Med. Price/SqFt

$180

Avg. Days On Market

24

# of Sold Homes

11

4550 Madison St NE vs Columbia Heights

532 DAYS ON ROCKET

+508 Days

$759,900

+$469.9K More

$198/SqFt

+$17 More

KEY TAKEAWAY

This property is $469.9K more than the Median Sold Price and $17/SqFt more than other homes in Columbia Heights, MN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NORTHSTAR
  • MLS Number: #6383703

Listing Office:

  • Office Name: RE/MAX Results

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Last updated on: 11/21/2024, 9:22:48 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Oct 13, 2008Home Sold
$250,000
Jun 21, 2006Home Sold
$385,000

Tax History

YEARPROP. TAXASSESSMENT
2021$6,128$399,000
2018$4,967$267,500
2017$4,384$227,300

History based on county public records data.

Payment Calculator

$3,860

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,345

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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-242488
1
/10

  • Valley View Elementary School

  • 800 49th Ave NE

  • 0.39 miles

  • Public District Grades PK-5

school-card-donut-242489
4
/10

  • Highland Elementary School

  • 1500 49th Ave NE

  • 0.85 miles

  • Public District Grades PK-5

school-card-donut-242490
3
/10

  • Tesfa International School

  • 1555 40th Ave NE

  • 1.07 miles

  • Public Charter Grades KG-6

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $42,337. The majority of Columbia Heights, MN residents have income between $35k-100k annually. Residents typically live in single, no kids family. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Rocket Homes›Minnesota›Anoka County›Columbia Heights›55421›4550 Madison St NE

This home is located at 4550 Madison St NE in Columbia Heights, MN and zip code 55421. This 3,840 square foot home was built in 1961. It has been listed on Rocket Homes since June 08, 2023 and is currently priced at $759,900.

Over 5 listings were sold over their listed price in October 2024 in Columbia Heights, MN. In the same period over 2 listings were sold below the listed price and 4 listings were sold for the listed price. The number of listings in Columbia Heights, MN increased by 35.9% between September 2024 and October 2024. In October 2024, listings were on the market for 24 days. During the same period, the median list price in this real estate market was $290,000.

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

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