3650 COLFAX AVE S MINNEAPOLIS MN 55409

PID: 0402824440056

Property Overview

Parcel ID0402824440056

Lot Size10,841 sq ft (0.249 ac)

Lot Dimensions (est.)129 ft wide × 84 ft deep

Year Built1910

Property ClassRESIDENTIAL-TWO UNIT

OwnerC G SEIDL & B SEIDL

Assessed Value$631,300

Land Value$287,000

Building Value$344,300

Annual Tax$11,989

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

2 permits on record since 2024 · $35K total declared value · Most recent: May 2025 (res)

ResMay 2025Closed

CenterPoint Energy Resource Corp

MiscMay 2024Closed

$35K

BERKSHIRE HOME SOLUTIONS

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

Neighborhood Profile

East Harriet · 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 55409

Median sale price$379K-21.6% YoY

Median price / sqft$218/sqft

Median days to close56 days

Active listings21

Source: Redfin Data Center (Invalid Date) · Zip 55409

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 depth44 ft

Area~6,318 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 6,318 sqft buildable area.

Est. units

Yield on cost

4.0%

Spread

-1.5%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
3644 COLFAX AVE S MINNEAPOLIS MN 55409	CHRIS G SEIDL & BRENDA SEIDL	RESIDENTIAL-TWO UNIT	$577,700	63 ft
3640 COLFAX AVE S MINNEAPOLIS MN 55409	SAMUEL PLUMMER	RESIDENTIAL-TWO UNIT	$456,100	105 ft
3700 COLFAX AVE S MINNEAPOLIS MN 55409	P KORSAKOV & K M BAY	RESIDENTIAL-TWO UNIT	$560,800	123 ft
1012 37TH ST W MINNEAPOLIS MN 55409	P W SAUSER & M R SAUSER TRST	RESIDENTIAL	$570,100	142 ft
3649 DUPONT AVE S MINNEAPOLIS MN 55409	DAVID DAILY & SANDRA RIEGER	RESIDENTIAL	$390,400	142 ft
3636 COLFAX AVE S MINNEAPOLIS MN 55409	A R BAUM & R S SHIMPACH	RESIDENTIAL	$537,200	147 ft
3645 DUPONT AVE S MINNEAPOLIS MN 55409	M A CAMPOS& J E BIEZUNS	RESIDENTIAL	$362,400	154 ft
3704 COLFAX AVE S MINNEAPOLIS MN 55409	ANN C ALBERTSON	RESIDENTIAL-TWO UNIT	$505,600	166 ft
3641 DUPONT AVE S MINNEAPOLIS MN 55409	J G ROSSI/D M ROSSI TRUSTEES	RESIDENTIAL	$496,300	176 ft
1015 37TH ST W MINNEAPOLIS MN 55409	JAMES KUMON & FAITH KUMON	VACANT LAND-RESIDENTIAL	$208,000	187 ft

Property History

Most Recent Sale

Date200008

Price$335,750

TypePROBATE DEED

Current Tax Year

Year2026

Tax Due$11,989