Lori Gustafson

3230 Colfax Avenue N

Minneapolis, MN
$ 295,000 Beds 4 Baths 2.5 Sq 1,775
Monthly Estimate* How much can I afford?

Much larger than it looks! This beautifully updated 1922 Craftsman in Minneapolis' McKinley neighborhood combines original character with the updates today's buyers want. Plus, live less than a mile away from Minneapolis' newest riverfront destination - Upper Harbor Terminal - which will have parks, multi-use development, and an amphitheater along the Mississippi River. This spacious home features 4+ bedrooms, 3 baths, a 2-car garage and a flexible finished lower level, this home offers an exceptional amount of space and versatility. Original woodwork, hardwood floors and classic Craftsman details bring warmth and character throughout, while the remodeled kitchen and all three bathrooms were updated in 2023. Major improvements include a new roof (2022), electrical updates (2023), furnace (2023), central air (2023), water heater (2023), garage door and opener (2023), and new attic insulation (2026). The finished lower level adds valuable living space with a large bedroom/flex area and full bath—ideal for guests, a home office, recreation room or additional living space. The main level also offers flexible space to suit your needs. The updated kitchen maximizes space and functionality in a smaller space and includes newer full sized stainless steel appliances with the potential to add an in-sink dishwasher or a single drawer under-sink dishwasher. Enjoy a convenient McKinley location close to parks, trails and neighborhood amenities, with easy access to Northeast Minneapolis, downtown, Robbinsdale, restaurants, breweries, the arts district, and the new Upper Harbor Terminal riverfront development. Move-in ready, full of character and thoughtfully updated, this is the Minneapolis home that delivers far more than you expect from the curb.

Single Family

  • Price
  • $ 295,000
  • City
  • Minneapolis
  • Bedrooms
  • 4
  • Full Bathrooms
  • 2
  • County
  • HENNEPIN
  • Half Bathrooms
  • 1
  • Area
  • Bakers 4th Add
  • Lot Size
  • 0.13 Acres
  • Zip
  • 55412
  • Sqr Footage
  • 1,775
  • Year Built
  • 1922
  • Taxes
  • $ 4177
  • Style
  • Single Family
  • MLS#
  • 7140421
Listed By: Counselor Realty, Inc.
Data Source: Northstar MLS (NSTAR)

Features

General

Living Area 1775
Sewer City Sewer/Connected
Heating Forced Air
Cooling Central Air
Roof Age 8 Years or Less,Architectural Shingle,Asphalt
Appliances Dryer,Gas Water Heater,Microwave,Range,Refrigerator,Stainless Steel Appliances,Washer
Garage Spaces 2
Construction Materials Frame
Year Built 1922
Electric 100 Amp Service
Levels One and One Half
Property Subtype Single Family
Tax Year 2026
Accessibility None
County Hennepin
New Construction No
Property Type Residential
HOA No
Contingency None
Subdivision Name Bakers 4th Add
Full Baths 1
Directions Lowry Ave to Colfax Ave N,north to home on right.
City Minneapolis
High School District Minneapolis
Zoning Description Residential-Single Family
Lot Size Units Acres
Property Attached Y/N No
Land Lease Y/N No
Tax Annual Amount 4177
Additional Parcels Y/N No
Standard Status Active
Lender Owned No
Amenities Unit Deck,Hardwood Floors,Kitchen Window,Natural Woodwork,Porch,Tile Floors,Washer/Dryer Hookup
PostalCity Minneapolis

Interior Features

Basement Block,Drain Tiled,Egress Window(s),Finished,Storage Space,Sump Pump
Basement (Y/N) Yes
Fireplace Y/N No
Above Grade Finished Area 1372
Half Baths 1
3/4 Baths 1
Laundry Features In Basement,Laundry Room
Total Bedrooms 4
Below Grade Finished Area 403
Total Baths 3
Bath Desc 3/4 Basement,Main Floor Full Bath,Upper Level 1/2 Bath
Dining Room Description Living/Dining Room
Fuel Natural Gas
Garage Dimensions 25x24
Garage Door Width 8
Garage Square Feet 600

Exterior Features

Fencing Chain Link
Parking Features Detached Garage,Gravel,Concrete,Electric,Garage Door Opener,Insulated Garage,Storage
Lot Features Public Transit (w/in 6 blks),Tree Coverage - Light
Water Source City Water/Connected
Lot Size Area 0.13
Building Area Total 2412
Lot Dimensions 46x126
Waterfront Y/N No
Foundation Area 1040
Road Frontage Type City Street,Curbs,Paved Streets,Sidewalks,Street Lights
Road Responsibility Public Maintained Road

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the Faribault, MN office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
Adjust Payment Options
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

9/8/2026 Listed $309,900
9/14/2026 5% - $295,000

Property vs Zip Code Average in 55412

Price
AVG $240K
$300K
Taxes
AVG $2,887
$4,177
Year Built
AVG 1938
1922
Visits
AVG 111
39
Data Provided by Inside Real Estate®

In The Neighborhood

Areas That We Cover

3230 Colfax Avenue N Minneapolis, MN is a Single Family Home for sale at $295000 with 1775 sqft and a lot size of 0.13 Acres Acre(s). 3230 Colfax Avenue N Minneapolis has 4 bedrooms, 2 baths and was built in 1922. The property's zip code is 55412 which is in Minneapolis, MN

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Lori Gustafson

Lori Gustafson

Broker Associate/Sales Agent

507-323-4348

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