4224 COLFAX AVE S MINNEAPOLIS MN 55409

PID: 0902824410049

Property Overview

Parcel ID0902824410049

Lot Size5,648 sq ft (0.130 ac)

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

Year Built1905

Property ClassRESIDENTIAL

OwnerHODGES GLENN & KIAN GLENN

Assessed Value$571,600

Land Value$274,000

Building Value$297,600

Annual Tax$9,065

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

6 permits on record since 2021 · $45K total declared value · Most recent: Aug 2023 (misc)

MiscAug 2023Closed

$15K

Summit Construction Group

RemodelJul 2022Expired

$30K

Kian Glenn

ExistresJul 2022Closed

Farr Plumbing and Heating LLC

ResJul 2022Closed

Farr Plumbing and Heating LLC

ResMar 2022Closed

Urban Pine Plumbing and Mechanical Inc

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

Neighborhood Profile

East Harriet · Minneapolis

Median reported rent1,676/mo

Renter-occupied16.2%

Median home value$633K

Vacancy rate4.8%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 107

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

Setbacks

Front20 ft

Side (each)5 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width32 ft

Buildable depth94 ft

Area~3,022 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 3,022 sqft buildable area.

Est. units

Yield on cost

2.0%

Spread

-3.5%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
4220 COLFAX AVE S MINNEAPOLIS MN 55409	FREDERICK J GOETZ TRUST	RESIDENTIAL	$620,100	42 ft
4228 COLFAX AVE S MINNEAPOLIS MN 55409	J G HEMER & A C HEMER	RESIDENTIAL	$710,300	42 ft
4216 COLFAX AVE S MINNEAPOLIS MN 55409	THOMAS W GOUDREAULT ET AL	RESIDENTIAL	$549,600	84 ft
4232 COLFAX AVE S MINNEAPOLIS MN 55409	ROBERT S CARNEY JR	RESIDENTIAL	$509,400	85 ft
4212 COLFAX AVE S MINNEAPOLIS MN 55409	L K JONES & C W JONES	RESIDENTIAL	$708,400	126 ft
4236 COLFAX AVE S MINNEAPOLIS MN 55409	T L W JOHNSON & N SATO	RESIDENTIAL	$1,110,300	127 ft
4229 DUPONT AVE S MINNEAPOLIS MN 55409	R A WRIGHT ET AL REV LIV TR	RESIDENTIAL	$987,300	136 ft
4221 DUPONT AVE S MINNEAPOLIS MN 55409	J ALSTAD & E FREEBERG	RESIDENTIAL	$944,600	144 ft
4208 COLFAX AVE S MINNEAPOLIS MN 55409	SCOTT CROUSE REVOCABLE TRUST	RESIDENTIAL	$534,900	168 ft
4235 DUPONT AVE S MINNEAPOLIS MN 55409	RAMONA MIRIAM TREUER TRUST	RESIDENTIAL	$950,200	170 ft

Property History

Most Recent Sale

Date201911

Price$500,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$9,065