Listed at
$159,900
$108/sqft

Nichols-Frissell Cos Mckinley Place

3854 Colfax Avenue, Minneapolis, MN, 55412
3  Bedrooms1  Bathroom1,480  Square Feet0.12  Acres
Days on market27
Year built1916
ParkingOn-Street Parking Only
TypeResidential
Est. $1,797buyer credit when you buy with SODL
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About this home

Don't miss this versatile investment property opportunity in Minneapolis! It is located on the south end of the Camden neighborhood at a reasonable price and waiting for your vision and skills to update. This home offers 3 bedrooms, 1 bathroom, plus a spacious family room in the basement with an egress window that presents the potential for a 4th bedroom, home office, or flex space. The lower level has plumbing rough-in for a future second bathroom, for investors or owner-occupants seeking to add on. Outside, enjoy a front porch, side deck, and fully fenced-in yard. The property also features a large storage shed, with room to add Class 5 for additional off-street parking. Conveniently located near I-94, two main bus routes, and just minutes from downtown Minneapolis, providing easy access to professional sports venues, arts and entertainment, restaurants, shopping, hotels and employment centers. Outdoor enthusiasts will appreciate the nearby parks, trails, and bike paths that offer convenient transportation and recreation opportunities. This property is located just minutes from the proposed riverfront amphitheater development, creating future entertainment opportunities along the Mississippi River corridor. Whether you're looking to expand your rental portfolio, add value through future improvements, or secure a property in a central location, this Camden neighborhood opportunity deserves a look!

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Home facts

Property typeResidential
Property subtypeSingle Family
Year built1916
LevelsOne
Living area1,480 sqft
Above-grade finished1,150 sqft
Below-grade finished330 sqft
Lot size0.12 acres (40x126)
Days on market27
ListedSep 1, 2026
MLS #NST7135153
CountyHennepin
SubdivisionNichols-Frissell Cos Mckinley Place
Parcel #0402924410201

Facts & features

Interior

Bedrooms
3
Bathrooms
1
Bath breakdown
1 full
Heating
Forced Air
Cooling
Central Air
Appliances
Dryer, Freezer, Gas Water Heater, Range, Refrigerator, Washer

Property

Levels / stories
One
Parking features
On-Street Parking Only
Patio & porch
Deck, Front Porch
Exterior features
Vinyl
Pool
None
Fencing
Chain Link, Full

Construction

Property type
Residential
Property subtype
Single Family
Construction materials
Concrete, Frame
Foundation
Poured Concrete · 1,150 sqft
Roof
Age Over 8 Years, Asphalt, Pitched
Year built
1916

Utilities

Water
City Water/Connected
Sewer
City Sewer/Connected
Fuel
Natural Gas
Electric
Circuit Breakers, 100 Amp Service, 200+ Amp Service

Community & HOA

Subdivision
Nichols-Frissell Cos Mckinley Place
HOA
No HOA
School district
1 - Minneapolis
High school district
Minneapolis

Financial & listing details

Annual tax
$1,314.21 (2026)
Listed
Sep 1, 2026
Days on market
27
Manufactured home
Yes

Interior details

Total bathrooms1
Full baths1
3/4 baths0
Half baths0
1/4 baths0
BasementPartial, Partially Finished
HeatingForced Air
CoolingCentral Air
LaundryIn Basement, Electric Dryer Hookup
AppliancesDryer, Freezer, Gas Water Heater, Range, Refrigerator, Washer
DiningLiving/Dining Room
AmenitiesDeck, Hardwood Floors, Kitchen Window, Main Floor Primary Bedroom, Natural Woodwork, Porch, Washer/Dryer Hookup
AccessibilityNone
Special features3 BR on One Level, Main Floor Bedroom

Exterior & lot

ExteriorVinyl
RoofAge Over 8 Years, Asphalt, Pitched
FoundationPoured Concrete
Foundation area1,150 sqft
Patio/porchDeck, Front Porch
Lot featuresTree Coverage - Light
Road frontageCity Street, Curbs, Paved Streets, Sidewalks, Street Lights
Road responsibilityPublic Maintained Road
ZoningResidential-Single Family

Utilities

Water sourceCity Water/Connected
SewerCity Sewer/Connected
FuelNatural Gas

Parking & garage

ParkingOn-Street Parking Only
Garage spaces0
Garage size0 sqft

Financial details

Annual taxes$1,314.21
Tax year2026
Taxes w/ assessments1314.21
Assessment pendingNo
Down payment resourceYes
Lender ownedNo
Short saleNo
ForeclosureNo

Schools

District1 - Minneapolis
District number1
District phone6126680000
High schoolMinneapolis
SODL flat fee brokerage
$1,797Estimated buyer credit
SODL platform fee $3,000Your buyer credit $1,797

How SODL buyer credits work

When you buy with SODL, the brokerage charges a flat $3,000 platform fee at closing. The remaining buyer-side commission (typically 3% of the purchase price) is credited directly back to you at closing, reducing the cash you bring to the table.

  • Tour homes with SODL’s flexible showing network
  • Submit offers and manage your transaction through the platform
  • Keep more money at closing through transparent flat-fee pricing

A clear, modern way to buy with expert guidance and meaningful savings.

Estimated monthly payment

$1,003/mo
Principal & interest$840
Property taxes$110
Home insurance (est.)$53
%
$31,980
0%50%
Credit score
Loan term

These payment estimates are for illustration purposes only and may vary based on your lender, interest rate, credit profile, down payment, taxes, insurance, and loan terms. For a more accurate monthly payment estimate, speak with your lender or connect with SODL’s preferred lending partner.

Location

3854 Colfax Avenue, Minneapolis, MN, 55412

Listing information

MLS #NST7135153
StatusActive
Last updatedSep 10, 2026, 7:25 PM
Originally listedSep 1, 2026, 9:01 AM
Listing officeEdina Realty, Inc.

Listing information provided courtesy of the MLS. This information is deemed reliable but is not guaranteed.

Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.