Sold on Sep 17, 2025
$755,000
Closed
12
Beds
4
Baths
3592
Sqft
0.31
Acres
4556 Madison St NE, Columbia Heights, MN 55421
MLS#: 6761639
Back to Search
Overview
Location
Mortgage
Sold for $730,000
Sold for $730,000
228 40th Ave NE Columbia Heights, MN 55421
$730,000
CLOSEDBeds
14
Baths
8
Sqft
Acres
0.367
Year
1962
Close Date
Oct 15, 2025
Property Type
Commercial Sale
Sub Type
Date Listed
Jun 17, 2025
Description of 228 40th Ave NE, Columbia Heights, MN 55421
Listing details for 228 40th Ave NE, Columbia Heights, MN 55421 : Fully rented and updated 8-unit apartment building; 7 two-bedrooms and one studio! Recent updates include a newer boiler, windows, washer/dryer with credit card reader, and new flooring in many units. Enjoy a 7.5% CAP rate at current rents, and some units are renting below market rates.
View More
Listing Updated : 10-16-2026 at 1:24 AM CDT
Property Details
Property Overview
Listing Price
$769,900
MLS #ID
6739026
Close Price
$730,000
Close Date
Oct 15, 2025
Bedrooms
14
Bathrooms
8
Square Footage
Acres
0.367
Year
1962
Days on Site
61 Days
Property Type
Commercial Sale
Property Sub Type
Price per Sq Ft
$0
Date Listed
Jun 17, 2025
Location
Street Address
228 40th Ave NE
City
State
Minnesota
ZIP Code
County
Neighborhood / Subdivision
Driving Directions
694 to University Ave. (south) to 40th Ave. (West) 1 block property
Schools
School District
Home Specification
Bedrooms
14
Construction / Architecture
Year Built
1962
Foundation
Block
Roof
Asphalt
New Construction
No
Price per Sq Ft
$0
Lot Size (Acres)
0.367
Lot Dimensions
80x198
Interior Details
Fireplace
No
Heating
Baseboard and Boiler
Cooling
None
Exterior Details
Garage
No
Parking Features
Paved Lot
Exterior Features
Stone and Stucco
Fencing
None
Waterfront
No
Water Source
City Water/Connected
Sewer
City Sewer/Connected
Taxes, HOA & Financing
Annual Property Tax
$15,847.00
HOA Fee Includes
None
Show More
Properties displayed may be listed or sold by various participants in the MLS
Source
NorthstarMLS as distributed by MLS GRID, MLS#: 6739026
Is this your home?
Claim it to unlock a private owner dashboard, track your equity, and get a free monthly value report.
Is this your home?
Claim it to unlock a private owner dashboard, track your equity, and get a free monthly value report.
Property History
DateEventPrice
10/15/2025
Sold
$730,000
Source:NorthstarMLS #NST6739026
NorthstarMLS #NST6739026 6/17/2025
Listed for sale
—
Source:NorthstarMLS #NST6739026
NorthstarMLS #NST6739026Location of 228 40th Ave NE, Columbia Heights, MN 55421
Streetview of 228 40th Ave NE, Columbia Heights, MN 55421
Mortgage Calculator
Schools Near 228 40th Ave NE, Columbia Heights, MN 55421
Is this your home?
Claim it to unlock a private owner dashboard, track your equity, and get a free monthly value report.
Homes Similar to 228 40th Ave NE, Columbia Heights, MN 55421
Sold Homes Similar to 228 40th Ave NE, Columbia Heights, MN 55421
Sold on Dec 31, 2024
$725,500
Closed
12
Beds
4
Baths
3840
Sqft
0.231
Acres
4550 Madison St NE, Columbia Heights, MN 55421
MLS#: 6383703
Based on information submitted to the MLS GRID as of 2026-10-16. 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. Some IDX listings have been excluded from this website.
By searching NorthstarMLS listings you agree to the NorthstarMLS End User License Agreement @ Copyright 2026, AgentLoft.com - Powered by AgentLoft