Neighborhood
1832 Columbus Ave, Minneapolis, MN 55404
5 beds · 1 bath · 2,196 sq ft · Lot: 5,227 sq ft · Single Family Home · Last Sold: $371K in 2022 · Built: 1900
Est. Value:
$271K
Est. Rent:
$2.4K/month

1832 Columbus Ave Minneapolis, MN 55404

5 beds · 1 bath · 2,196 sq ft · Lot Size: 5,227 sq ft · Single Family Home · Ventura Village
Est. Property Value: $270,738

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1832 Columbus Ave is in the Ventura Village neighborhood of Minneapolis, MN. It is located in Hennepin County and ZIP code 55404. This Single Family Home was built in 1900 and is approximately 125 years old. The single family home spans 2196 sq ft with 5 bedrooms and 1 bathroom and sits on a 5227 sq ft lot. According to public records, it was last sold in 2022 for $370,650 and has a tax-assessed value of $218,000, which is $123 per sq ft. The Ventura Village area of Minneapolis has 72 residential homes with an average size of 1847 sq ft. Analyze and compare real estate investment strategies for properties like this home at 1832 Columbus Ave Minneapolis, MN 55404 with Property Intel by Whitepages.

Investment Potential for 1832 Columbus Ave

The property has a current estimated value of $270,738, which is 15% above the neighborhood median, based on public records. It last sold on December 01, 2022 for $371K. Projected long-term
is $28,200 annually ($2,350 per month) with a 92% occupancy rate.

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Long-Term

Gross Rental
$28,200 per year($2,350 per month)
Net Operating Income
Cap Rate
Occupancy Rate
92%in 55404 zip code
 
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Owners & Occupancy for 1832 Columbus Ave

No contact information is available.

Occupancy

Current Occupancy******View Occupancy
Resident 1************** age 49
Resident 2*************** age 65
Resident 3************************ age 42
Resident 4*************** age 73
Resident 5********************* age 51
Resident 6***************** age 53
Resident 7*************** age 60
Resident 8************
Resident 9**************** age 73
Resident 10****************
Resident 11*************

Property Details for 1832 Columbus Ave

Property Details

Property Sq Ft

Living Area

2,196 sq ft

19% above market

Lot Size

5,227 sq ft

14% below market

Price Per Sq Ft

Living Area

$123 / sq ft

8% below market

Lot Size Area

$52 / sq ft

33% above market

Property condition, age, exterior, etc. for 1832 Colum…
Longitude: -93.264171 Latitude: 44.963994 Parcel Number (APN): 26-029-24-33-0014…
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Market Benchmarks

Compare data for 1832 Columbus Ave in Hennepin County to the median in the neighborhood area and surrounding markets, where available.
View neighborhood benchmarks
Property
State
Difference
$270,738
$398,398
-$127,659 (-32%)
$486,022
-$198,467 (-41%)
YoY Price Change
1.96%
73%
Year Built
1900
1987
-87 years
Living Space
2,196 sq ft
2,316 sq ft
-120 (-5%)
$ Per Living Sq Ft
$123
$179
-$56 (-31%)
Lot Size
5,227 sq ft
14,246 sq ft
-9019 (-63%)
$ Per Lot Sq Ft
$52
$31
$20 (65%)

Net Operating Income
$19,897
-$1,426 (-7%)
Annual Revenue
$28,200
$31,200
-$3,000 (-10%)
$11,153
-$1,424 (-13%)
Net Operating Income
$19,897
-$1,426 (-7%)
Cap Rate
4.88%
Home Value Comparison: Property vs. Local and Regional 5-Bed Single Family Home Medians

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