4252 COLFAX AVE S MINNEAPOLIS MN 55409

PID: 0902824410060

Property Overview

Parcel ID0902824410060

Lot Size3,780 sq ft (0.087 ac)

Lot Dimensions (est.)90 ft wide × 42 ft deep

Year Built1906

Property ClassRESIDENTIAL

OwnerCORRINE L GRATE TRUST

Assessed Value$480,000

Land Value$221,000

Building Value$259,000

Annual Tax$7,356

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

2 permits on record since 2002 · $56K total declared value · Most recent: Dec 2019 (res)

ResDec 2019Closed

Warners Stellian Co Inc

Building Re-inspectionJul 2002

$56K

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

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 width77 ft

Buildable depth2 ft

Area~1,449 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 1,449 sqft buildable area.

Est. units

Yield on cost

1.8%

Spread

-3.7%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
4248 COLFAX AVE S MINNEAPOLIS MN 55409	ROBERT JOSEPH BRENNER	RESIDENTIAL	$443,100	53 ft
1010 43RD ST W MINNEAPOLIS MN 55409	JO ELLEN REISDORFER	RESIDENTIAL	$384,000	74 ft
4300 COLFAX AVE S MINNEAPOLIS MN 55409	SHELLY M'LISS ANDERSEN ET AL	RESIDENTIAL-TWO UNIT	$527,700	104 ft
4240 COLFAX AVE S MINNEAPOLIS MN 55409	MARGARET J H JOHNSON	RESIDENTIAL	$641,400	118 ft
1011 43RD ST W MINNEAPOLIS MN 55409	PETER R ENGH	RESIDENTIAL	$417,200	123 ft
4304 COLFAX AVE S MINNEAPOLIS MN 55409	ANDREW J DULL	RESIDENTIAL-TWO UNIT	$530,400	149 ft
4249 DUPONT AVE S MINNEAPOLIS MN 55409	DANIEL C CARLSEN TRUST	RESIDENTIAL	$825,600	158 ft
4236 COLFAX AVE S MINNEAPOLIS MN 55409	T L W JOHNSON & N SATO	RESIDENTIAL	$1,110,300	168 ft
4241 DUPONT AVE S MINNEAPOLIS MN 55409	JOSHUA S COHEN & ANNA ABRAMS	RESIDENTIAL	$868,500	188 ft
4301 DUPONT AVE S MINNEAPOLIS MN 55409	D B KRIG & M R ANDERSON KRIG	RESIDENTIAL	$687,300	188 ft

Property History

Most Recent Sale

Date199103

Price$123,900

TypeOTHER – SEE CERTIFICATE OF REAL ESTATE VALUE (CRV)

Current Tax Year

Year2026

Tax Due$7,356