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Updated 17 hours ago

5117 Colfax Ave N


Minneapolis, MN

3 Bed
•
2 Bath

1,280 Sq. Ft.
Floor plans
3 Beds • 2 Bath
$1,895
1280 ft2
1 Available
Managed By: Maximize Properties
Updated about 17 hours ago

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5117 Colfax Ave N
$1,895
Available: Ask
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5117 Colfax Ave N
5117 Colfax Ave N
5117 Colfax Ave N
Location ratings
Walk Score®
33
Car-Dependent
Transit Score®
34
Some Transit
Bike Score®
64
Bikeable
Property details
Description

Lovely 3 bed 2 bath home located in great neighborhood! 3 levels of living, fenced-in huge yard, garage plus single port parking, 2 bathrooms (1 is a full, 1 is a 3/4), finished basement, huge upper floor bedroom with new carpeting.



Lower Level has a nice den, 3/4 bathroom with lots of extra storage space and laundry. Washer/dryer usage is $35 a month which covers any needed repairs due to normal use.



Rental Criteria- positive landlord reference required (if you are currently renting), monthly combined income of 3x the rent amount.



Application fee is $45.00 per adult 18 and older.

Additional Details
Contact Name: Chad Cramble
Total Unit Count: 1
Last Updated: Updated 17 hours ago
Contact Number: (612) 456-2441
Property manager information
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CenturyLink, Inc. 140.0 20.0
ViaSat, Inc. 100.0 3.0
Nextera Holdings, LLC 50.0 50.0
CenturyLink, Inc. 40.0 5.0
Data from June 2020 provided by the FCC
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Photos Floor Plans
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Affordability
To comfortably afford an apartment, we recommend having at least three times your monthy rent in gross household income.
View suggested annual incomes for 5117 Colfax Ave N by bedroom type below.
3 Bedroom
Suggested income:
$68,200
per year
Rent report

5117 Colfax Ave N Rent vs. Minneapolis Average

 5117 Colfax Ave N      Minneapolis Average
3BR
$1,895
$2,248
$0
$750
$1,500
$2,250
$3,000

5117 Colfax Ave N is asking 16% less than the average 3 bedroom apartment in Minneapolis.

If you upsized to an average priced Minneapolis 4 bedroom apartment, you would pay 12% more per month.

If you downsized to an average priced Minneapolis 2 bedroom apartment, you would pay 8% less per month.

5117 Colfax Ave N provides 4% less square footage than the average Minneapolis 3 bedroom apartment.

Monthly Rent Rent per Sq. Ft. Suggested
Monthly Income
5117 Colfax Ave N
3BR $1,895 $1.50 $5,685
Minneapolis Average
Studio $1,158 $2.40 $3,475
1BR $1,389 $2.10 $4,166
2BR $2,074 $2.00 $6,221
3BR $2,248 $1.70 $6,744
4BR $2,564 $1.60 $7,693

Availability in Minneapolis

In order to find the best deal, you need to know what types of units are available. Property managers may be willing to give concessions if they have many vacant units.

There are currently 1,864 1BR units on the market in Minneapolis. If you're looking to negotiate, this may be your best option.

Studio
1BR
2BR
3BR
4BR
20% 44% 27% 6% 2%
Available Units in Minneapolis
Studio 848
1BR 1,864
2BR 1,165
3BR 264
4BR 93
Location
Nearby Colleges

Walden University

Capella University

Minneapolis Community and Technical College

North Hennepin Community College

University of Minnesota - Twin Cities

Nearby Hospitals
Name Distance
North Memorial Medical Center 2.79 mi.
Regency Hospital Of Mpls Llc 4.34 mi.
Mercy Hospital – Unity Campus 4.4 mi.
Nearby Fire Stations
Name Distance
Brooklyn Center Fire Department 1.2 mi.
Brooklyn Center Fire Department 2.01 mi.
Columbia Heights Fire Department 2.16 mi.
FAQs
Is this property currently leasing units?
Yes, there is 1 unit available at this property.
How many units are move-in ready in the next 2 months?
There are no units with move-in dates in the next 2 months.
What's the square footage of the available units?
It's 1,280 square feet.
Does this property allow cats or dogs?
The property manager did not submit a pet policy with this listing.
Where is this property located?
This property is at 5117 Colfax Ave N in Minneapolis, MN. It's 4.7 miles north from the center of Minneapolis.
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