3552 COLFAX AVE S MINNEAPOLIS MN 55408

PID: 0402824410143

Property Overview

Parcel ID0402824410143

Lot Size5,418 sq ft (0.124 ac)

Lot Dimensions (est.)129 ft wide × 42 ft deep

Year Built1900

Property ClassRESIDENTIAL

OwnerGREGORY T ROTTER

Assessed Value$580,000

Land Value$164,000

Building Value$416,000

Annual Tax$9,260

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

1 permit on record since 2025 · Most recent: Dec 2025 (res)

ResDec 2025Closed

CenterPoint Energy Resource Corp

Source: Minneapolis open data. Declared construction values are applicant-reported and may not reflect actual project cost.

Neighborhood Profile

South Uptown · Minneapolis

Median reported rent1,188/mo

Renter-occupied69.2%

Median home value$289K

Vacancy rate4.9%

ACS rents reflect current tenant leases and may differ from new market rents.

Source: 2022 ACS 5-Year Estimates · Census Tract 1092

Market Snapshot

Zip code 55408

Median sale price$390K+6.8% YoY

Median price / sqft$243/sqft

Median days to close62 days

Active listings73

Source: Redfin Data Center (Invalid Date) · Zip 55408

Zoning

UN2Urban Neighborhood 2

Urban Neighborhood 2 — moderate-density residential

Typical Uses

·Duplexes
·Triplexes
·Small apartment buildings (≤4 units)

Max Height35 ft

Development Potential

Front Street

On corner lots, the selected street determines which setbacks apply to each side.

Setbacks

Front20 ft

Interior side5 ft

Street side (est.)8 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width116 ft

Buildable depth2 ft

Area~2,581 sqft

Estimates based on typical zoning setbacks. Actual requirements may vary by lot, overlay, or conditional approval.

Development Feasibility

Likely Infeasible

Back-of-envelope estimate based on small multifamily (2–4 units, wood frame) benchmarks for 2,581 sqft buildable area.

Est. units

Yield on cost

3.4%

Spread

-2.1%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
3550 COLFAX AVE S MINNEAPOLIS MN 55408	M R TAYLOR & B J DUFF	RESIDENTIAL	$564,300	42 ft
3544 COLFAX AVE S MINNEAPOLIS MN 55408	D HOLZSCHUH & C LARSON	RESIDENTIAL	$436,400	84 ft
3540 COLFAX AVE S MINNEAPOLIS MN 55408	COMMUNITY HOUSING RESOURCES	RESIDENTIAL	$0	126 ft
3553 DUPONT AVE S MINNEAPOLIS MN 55408	SUPERIOR HOMES LIMITED LLC	RESIDENTIAL-TWO UNIT	$402,100	140 ft
1001 36TH ST W MINNEAPOLIS MN 55408	MAUREEN G LYTTLE	RESIDENTIAL-TWO UNIT	$437,400	141 ft
3549 DUPONT AVE S MINNEAPOLIS MN 55408	G L SORENSEN TRUST ET AL	RESIDENTIAL	$420,200	146 ft
922 36TH ST W MINNEAPOLIS MN 55408	R OOMS & C WILKENS	RESIDENTIAL	$306,000	147 ft
3545 DUPONT AVE S MINNEAPOLIS MN 55408	HANNAH VIRANT	CONDOMINIUM	$197,000	163 ft
3545 DUPONT AVE S MINNEAPOLIS MN 55408	ROXANNE LOUISE STOUFFER CRUZ	CONDOMINIUM	$221,000	163 ft
3545 DUPONT AVE S MINNEAPOLIS MN 55408	DANIELLE A VOSS	CONDOMINIUM	$221,000	163 ft

Property History

Most Recent Sale

Date201709

Price$574,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$9,260