3522 Colfax Ave N, Minneapolis, MN, 55412
About This Home
Move-in ready home with major system updates since 2022. Seller has replaced or added key items including washer & dryer, water heater, refrigerator, microwave, window A/C, dehumidifier, and most water supply lines. All faucets, sinks, tub, toilet, and full shower kit are new. Furnace has a new thermostat and tune-up, with ductwork cleaned by CenterPoint in 2024. Roof is just 5 years old, and new heavy-gauge aluminum gutters come with a lifetime warranty. Plus, a cozy wood-burning fireplace has been added! Home just needs cosmetic refresh—all the heavy lifting is done. Located in Minneapolis’ Folwell neighborhood, known for its beautiful park of the same name, strong sense of community pride, and easy access to downtown, North Market, and several major transit routes. A great opportunity in a neighborhood with steady revitalization and convenient city living. Strong upside for buyers wanting to add value or investors seeking a light renovation with excellent return potential. Handyman special
Getting Around
Somewhat Walkable
Some Transit
BikeableSchools
Construction
Condition
- Year built: 1912
Materials
- Roof: Age 8 Years or Less
- Construction materials: Block
Type & Style
- Home type: SingleFamily
- Property subType: Single Family
Interior
Appliances
- Appliances included: Dryer,Exhaust Fan,Range,Refrigerator,Washer
Basement
- Has basement: Yes
- Basement: Block,Daylight
Bedroom
- Level: Main
- Area: 120
- Dimensions: 12x10
Bedrooms & Bathrooms
- Bedrooms: 1
- Bathrooms: 1
- Full bathrooms: 1
Dining Room
- Level: Main
- Area: 110
- Dimensions: 10x11
Features
- Number of fireplaces: 1
- Fireplace features: Family Room,Free Standing,Wood Burning Stove
- Fireplace: Yes
- Finished area below ground: 0
- Finished area above ground: 660
Flex Room
- Level: Main
- Area: 120
- Dimensions: 16x7.5
Heating & Cooling
- Heating features: Forced Air
- Cooling features: Window Unit(s)
Interior Area
- Total structure area: 1,320
- Total interior livable area: 1,320 sqft
Kitchen
- Level: Main
- Area: 100
- Dimensions: 10x10
Living Room
- Level: Main
- Area: 132
- Dimensions: 12x11
Porch
- Level: Main
- Area: 72
- Dimensions: 12x6
Property
Accessibility
- Accessibility features: None
Details
- Parcel number: 0902924110021
- Zoning description: Residential-Single Family
- Foundation area: 732
Features
- Levels: One
- Stories: 1
- Patio & porch: Front Porch
- Fencing: Chain Link,Full
Lot
- Lot size: 5,227 sqft
- Lot size dimensions: 125 x 45
Parking
- Total spaces: 1
- Parking features: Detached Garage
- Has garage: Yes
- Attached garage spaces: 1
- Covered spaces: 1
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Cold Wave
- Heat Wave
- Tornado
- Hail
- Strong Wind
- Winter Weather
How This Home’s Risks Compare
FEMA Declared Disasters in Hennepin County and Minnesota
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $535 | $6,420 |
| Home Insurance * | $99 | $1,188 |
| Property Taxes | $75 | $900 |
| Electricity | $170 | $2,050 |
| Total | $879 | $10,548 |
Income You'd Need if You Spent...
Minnesota FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-05-13 | Price change | $132,000 |
| 2026-05-06 | Price change | $139,000 |
| 2026-04-20 | Price change | $132,000 |
| 2026-03-17 | Price change | $139,900 |
| 2026-03-06 | Price change | $147,000 |
| 2026-02-04 | Price change | $155,000 |
| 2025-11-29 | Price change | $147,000 |
| 2025-10-10 | Listed for sale | $152,000 |
| 2022-08-19 | Sold | $90,000 |
| 2022-08-07 | Pending sale | $99,900 |
| 2022-07-11 | Price change | $99,900 |
| 2022-02-11 | Listed for sale | $159,900 |
| 2020-10-30 | Sold | $121,000 |
| 2020-06-04 | Listed for sale | $125,000 |
For Sale by Agent
View on Zillow