4052 COLFAX AVE S MINNEAPOLIS MN 55409

PID: 0902824140060

Property Overview

Parcel ID0902824140060

Lot Size5,642 sq ft (0.130 ac)

Lot Dimensions (est.)134 ft wide × 42 ft deep

Year Built1920

Property ClassRESIDENTIAL

OwnerG S HESTNESS ET AL JT REV TR

Assessed Value$513,200

Land Value$236,000

Building Value$277,200

Annual Tax$7,984

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

5 permits on record since 2002 · $85K total declared value · Most recent: Dec 2024 (res)

ResDec 2024Closed

CenterPoint Energy Resource Corp

MiscApr 2021Closed

$14K

RENEWAL BY ANDERSEN CORP

MiscAug 2020Closed

$12K

SELA ROOFING AND REMODELING INC

Building Re-inspectionAug 2012

$58K

Building Re-inspectionSep 2002

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

Neighborhood Profile

East Harriet · Minneapolis

Median reported rent1,253/mo

Renter-occupied32.9%

Median home value$403K

Vacancy rate4.7%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 1099

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

UN1Urban Neighborhood 1

Urban Neighborhood 1 — low-density residential

Typical Uses

·Single-family homes
·Duplexes
·Accessory dwelling 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 width121 ft

Buildable depth2 ft

Area~2,736 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 sfr / adu benchmarks for 2,736 sqft buildable area.

Est. units

Yield on cost

2.3%

Spread

-3.2%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
4048 COLFAX AVE S MINNEAPOLIS MN 55409	J EUBANK & J K EUBANK	RESIDENTIAL	$515,500	42 ft
4044 COLFAX AVE S MINNEAPOLIS MN 55409	BARRY R MUMM TRUSTEE	RESIDENTIAL	$543,000	84 ft
4100 COLFAX AVE S MINNEAPOLIS MN 55409	ERIN E CARLSON	RESIDENTIAL	$572,400	104 ft
4040 COLFAX AVE S MINNEAPOLIS MN 55409	T L RENVILLE & E A RENVILLE	RESIDENTIAL	$497,400	126 ft
4053 DUPONT AVE S MINNEAPOLIS MN 55409	TELLEEN FAMILY TRUST	RESIDENTIAL	$1,162,000	135 ft
4104 COLFAX AVE S MINNEAPOLIS MN 55409	J T HELD & C H FISHER	RESIDENTIAL	$554,800	149 ft
4045 DUPONT AVE S MINNEAPOLIS MN 55409	COLE ROGERS/CARLA K MCGRATH	RESIDENTIAL	$883,600	151 ft
4036 COLFAX AVE S MINNEAPOLIS MN 55409	EMMA LOUISE NAUGHTON	RESIDENTIAL	$581,100	168 ft
4041 DUPONT AVE S MINNEAPOLIS MN 55409	R J BALLARD & K E BALLARD	RESIDENTIAL	$832,200	182 ft
4101 DUPONT AVE S MINNEAPOLIS MN 55409	KATHERINE BURDETT GIBSON	RESIDENTIAL	$1,079,700	184 ft

Property History

Most Recent Sale

Date199702

Price$232,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$7,984