4550 Madison Street Northeast

Columbia Heights, MN 55421

$759,900
Price
—
Beds
3,840 Sq. Ft.
$198 / Sq. Ft.
3,840
Sq. Ft.
$198
per Sq. Ft.

Description

Fantastic investment opportunity, all 4 units have 3 bedrooms per unit, located on cul-de-sac with off street parking and laundry on each level! All separate utilities per unit. Central air in all units (2010), 3 newer furnaces, New Soffits, facia and gutters (2018) 2 Newly updated units with Stainless appliances and new flooring. This is a unique 4 unit building that is a great investment. 3 units are on lease, 1 unit is month-to-month.Fantastic investment opportunity, all 4 units have 3 bedrooms per unit, located on cul-de-sac with off street parking and laundry on each level! All separate utilities per unit. Central air in all units (2010), 3 newer furnaces, New Soffits, facia and gutters (2018) 2 Newly updated units with Stainless appliances and new flooring. This is a unique 4 unit building that is a great investment. 3 units are on lease, 1 unit is month-to-month.
  1. Listed by RE/MAX Results

Property Details for 4550 Madison Street Northeast

Subdivision Name
Julian Johnson Add

Location

Listing Courtesy of RE/MAX Results
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LISTING UPDATED: 04/18/2024 05:02 PM

Property Details for 4550 Madison Street Northeast

StatusActive
MLS #6383703
Days on Compass324
Taxes$6,388 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Quadruplex
Year Built1961
Lot Size0.23 AC / 10,018 SF
CountyAnoka County

Location

Listing Courtesy of RE/MAX Results
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Building Information for 4550 Madison Street Northeast

Stories-Residences4Year Built1961Building Size-Lot Size0.23 AC / 10,018 SF

Payment Calculator

$4,679 per month

30 year fixed, 7.25% Interest

Principal and Interest

$4,147

Property Taxes

$532

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 4550 Madison Street Northeast

Summary
Location and General Information
  • City Name: Columbia Heights
  • County Or Parish: Anoka
  • County: Anoka-MN
  • Directions: University ave to 44th Ave East to Madison St NE, north 2 blocks to property on the left in the cul-de-sac
  • Latitude: 45.0514732712
  • Longitude: -93.2542830097
  • Map Coordinate: 92-E2
  • Map Coordinate Source: King's Street Atlas
  • City and Location: Columbia Heights
  • City and Location Text: Columbia Heights(MN)
  • Postal Code: 55421
  • State Or Province: MN
  • Public Survey Township: 30
Taxes and HOA Information
  • Additional Parcels: No
  • Parcel Number: 263024430094
  • Tax Annual Amount: $6,388.00
  • Tax Legal Description: LOT 4 BLOCK 1 JULIAN JOHNSON ADD , EX RD SUBJ TO EASE OF REC
  • Tax Other Annual Assessment Amount: $62.00
  • Tax Year: 2023
  • Tax With Assessments: 6388.0000
School Information
  • High School District: 13 - Columbia Heights
  • School District Number: 13
  • School District Phone: 763-528-4500
Property
Lot Information
  • Above Grade Fin SQFT: 1920.0
  • Below Grade Fin SQFT: 1920.0
  • SQFT Total: 3840.0
  • Lot Size Area: 0.23
  • Lot Size Dimensions: 62x118x118x163
  • Lot Size Units: Acres
  • Present Use: Yearly
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • SQFT Main Total: 1920.0000
  • Above Grade SqFt Total: 1920.0000
  • Below Grade SqFt Total: 1920.0000
  • Sqft Total: 3840.00
Property and Assessments
  • Age Of Property: 63
Utilities
  • Electric: Circuit Breakers
  • Sewer: City Sewer/Connected
  • Water Source: City Water/Connected
Interior and Exterior Features
Exterior Features
  • Accessibility Features: None
  • Association Amenities: Coin-op Laundry Owned
  • Foundation Area: 1920.0
  • Fuel: Natural Gas
  • Road Frontage Type: City Street, Cul De Sac
  • Roof: Asphalt
Interior Features
  • Basement Type: Daylight/Lookout Windows, Finished, Full
  • DP Resource: Y
  • Garage Square Feet: 0
  • Heating: Forced Air
  • Levels: Split Entry (Bi-Level)
  • Number of Refrigerator: Four
  • Basement YN: Yes
Multi Family
Unit 1
  • Unit Amenities: Paneled Doors
  • Unit Appl: Range
  • Unit Bath 3Qtr: 0
  • Unit Bath Full: 1
  • Unit Bath Half: 0
  • Unit Bath Qtr: 0
  • Unit Monthly Expenses: 150.00
  • Unit Rooms Total: 6
  • Unit SqFt: 960
  • Unit Type Actual Rent: $1,450.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Units Total: 1
  • Unit Type Total Rent: 17400
  • Unit Furnished: No
Unit 2
  • Unit Amenities: Paneled Doors
  • Unit Appl: Range
  • Unit Bath 3Qtr: 0
  • Unit Bath Full: 1
  • Unit Bath Half: 0
  • Unit Bath Qtr: 0
  • Unit Monthly Expenses: 0.00
  • Unit Rooms Total: 6
  • Unit SqFt: 960
  • Unit Type Actual Rent: $1,850.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Units Total: 1
  • Unit Type Total Rent: 22200
  • Unit Furnished: No
Unit 3
  • Unit Amenities: Paneled Doors
  • Unit Appl: Range
  • Unit Bath 3Qtr: 0
  • Unit Bath Full: 1
  • Unit Bath Half: 0
  • Unit Bath Qtr: 0
  • Unit Monthly Expenses: 0.00
  • Unit Rooms Total: 6
  • Unit SqFt: 960
  • Unit Type Actual Rent: $1,850.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Units Total: 1
  • Unit Type Total Rent: 22200
Unit 4
  • Unit Amenities: Paneled Doors
  • Unit Appl: Range
  • Unit Bath 3Qtr: 0
  • Unit Bath Full: 1
  • Unit Bath Half: 0
  • Unit Bath Qtr: 0
  • Unit Monthly Expenses: 0.00
  • Unit Rooms Total: 6
  • Unit SqFt: 960
  • Unit Type Actual Rent: $1,750.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Units Total: 1
  • Unit Type Total Rent: 21000

Property History for 4550 Madison Street Northeast

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 4550 Madison Street Northeast

Taxable ValueLand$88,500Additions$347,800Total$436,300
Tax Record2024$7,973 ($664 / month)
Home Facts
Total Finished SqFt3,592 SqFtAbove Grade Finished SqFt3,592 SqFtLot Size10,073 SqFtStyleMulti-Family Res (5+ Units)Year Built1961Year Renovated1965CountyANOKAAPN26-30-24-43-0094

Schools near 4550 Madison Street Northeast

This home is within Columbia Heights Public School Dist.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 6 to 8
Rating
School
Distance
Valley View Elementary School
PublicPK to 5

Columbia Academy
Public6 to 8

Columbia Heights Senior High School
Public9 to 12

Columbia Academy Anchor Program
Public6 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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4550 Madison Street Northeast is a multi-family home for sale in Columbia Heights, MN 55421. This property was listed for sale on June 7, 2023 by RE/MAX Results, it's currently listed at $759,900. It has been on the market for a total of 324 days and was last sold on August 22, 2008. This listing's school district is Columbia Heights Public School Dist. Nearby schools include Valley View Elementary School, Columbia Academy and Columbia Heights Senior High School. 4550 Madison Street Northeast is a 0-bed, 0-bath, 3,840 sqft multi-family home built in 1961.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of RE/MAX Results

Based on information from one of the following Multiple Listing Services: Minneapolis Northstar, REALTORS Association of Northeast Wisconsin and Lake Superior Area REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Minneapolis Northstar and REALTORS Association of Northeast Wisconsin is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Data last updated on 04/18/2024 05:02 PM