4218 COLFAX AVE N MINNEAPOLIS MN 55412

PID: 0402924110083

Property Overview

Parcel ID0402924110083

Lot Size6,427 sq ft (0.148 ac)

Lot Dimensions (est.)128 ft wide × 50 ft deep

Year Built1904

Property ClassRESIDENTIAL-TWO UNIT

OwnerNANCY J FISKE

Assessed Value$334,100

Land Value$26,000

Building Value$308,100

Annual Tax$4,895

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

4 permits on record since 2018 · $202K total declared value · Most recent: Nov 2020 (res)

ResNov 2020Closed

First Choice Plumbing & Heating LLC

ExistresNov 2020Closed

Perfection Heating and Air Conditioning Inc

RemodelMay 2020Closed

$202K

ULTIMATE RESTORATION INC

ResApr 2018Closed

CENTERPOINT ENERGY

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

Neighborhood Profile

Webber - Camden · Minneapolis

Median reported rent717/mo

Renter-occupied29.2%

Median home value$230K

Vacancy rate2.1%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 1002

Market Snapshot

Zip code 55412

Median sale price$225K-2.2% YoY

Median price / sqft$172/sqft

Median days to close31 days

Active listings67

Source: Redfin Data Center (Invalid Date) · Zip 55412

Zoning

UN2Urban Neighborhood 2

Urban Neighborhood 2 — moderate-density residential

Typical Uses

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

Max Height35 ft

Development Potential

Setbacks

Front20 ft

Side (each)5 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width40 ft

Buildable depth89 ft

Area~3,537 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 3,537 sqft buildable area.

Est. units

Yield on cost

3.9%

Spread

-1.6%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
4224 COLFAX AVE N MINNEAPOLIS MN 55412	MARK G LANGMADE	RESIDENTIAL	$137,000	44 ft
4214 COLFAX AVE N MINNEAPOLIS MN 55412	NANCY J FISKE	RESIDENTIAL	$186,300	50 ft
4226 COLFAX AVE N MINNEAPOLIS MN 55412	NICHOLE KALLHOFF	RESIDENTIAL	$288,800	82 ft
4210 COLFAX AVE N MINNEAPOLIS MN 55412	KRYSTAL HOLLINS	RESIDENTIAL-TWO UNIT	$230,100	100 ft
4230 COLFAX AVE N MINNEAPOLIS MN 55412	DALE A HULME & SUSAN P QUIST	RESIDENTIAL	$281,700	122 ft
4219 BRYANT AVE N MINNEAPOLIS MN 55412	KAITLEN MCQUOWN OSBURN	RESIDENTIAL	$259,900	134 ft
4206 COLFAX AVE N MINNEAPOLIS MN 55412	CAG MINNESOTA FUND II LLC	RESIDENTIAL	$150,000	150 ft
4215 BRYANT AVE N MINNEAPOLIS MN 55412	JESSE REIMER & HANNAH REIMER	RESIDENTIAL	$273,700	152 ft
4238 COLFAX AVE N MINNEAPOLIS MN 55412	KLEVER CASTILLO	RESIDENTIAL	$220,800	164 ft
4225 BRYANT AVE N MINNEAPOLIS MN 55412	CLAUDIO R MOROCHO ILLESCAS	RESIDENTIAL	$262,300	175 ft

Property History

Most Recent Sale

Date198903

Price$51,900

TypeOTHER – SEE CERTIFICATE OF REAL ESTATE VALUE (CRV)

Current Tax Year

Year2026

Tax Due$4,895