4316 COLFAX AVE S MINNEAPOLIS MN 55409

PID: 0902824410139

Property Overview

Parcel ID0902824410139

Lot Size5,647 sq ft (0.130 ac)

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

Year Built1921

Property ClassRESIDENTIAL

OwnerLAURA A WESTPHAL ET AL

Assessed Value$756,000

Land Value$274,000

Building Value$482,000

Annual Tax$12,554

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

7 permits on record since 2007 · $205K total declared value · Most recent: Oct 2023 (misc)

MiscOct 2023Closed

$16K

WATERSTONE CONSTRUCTION INC

ExistresAug 2023Closed

Apex Mechanical LLC

RemodelAug 2023Closed

$10K

WATERSTONE CONSTRUCTION INC

ResAug 2023Closed

Piperight Plumbing Inc

ResOct 2019Closed

Twin City Fireplace & Stone Company

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

Neighborhood Profile

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~3,021 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 3,021 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
4310 COLFAX AVE S MINNEAPOLIS MN 55409	BLANKE PEICE OF THE PIE LLC	RESIDENTIAL-TWO UNIT	$572,700	42 ft
4320 COLFAX AVE S MINNEAPOLIS MN 55409	A J FRUSH & D T FRUSH	RESIDENTIAL	$680,800	42 ft
4308 COLFAX AVE S MINNEAPOLIS MN 55409	J ANDERSON/E VANBRONKHORST	RESIDENTIAL	$499,100	84 ft
4324 COLFAX AVE S MINNEAPOLIS MN 55409	VICKI LANDRO/TIMOTHY LANDRO	RESIDENTIAL	$564,700	84 ft
4304 COLFAX AVE S MINNEAPOLIS MN 55409	ANDREW J DULL	RESIDENTIAL-TWO UNIT	$530,400	126 ft
4328 COLFAX AVE S MINNEAPOLIS MN 55409	S L GREGORY & S L LANE	RESIDENTIAL	$1,013,000	126 ft
4317 DUPONT AVE S MINNEAPOLIS MN 55409	MATTHEW JOHN ONKEN	RESIDENTIAL	$576,800	134 ft
4323 DUPONT AVE S MINNEAPOLIS MN 55409	E S KRAMER & J CORDOVA	RESIDENTIAL	$828,700	140 ft
4313 DUPONT AVE S MINNEAPOLIS MN 55409	W L COOKSEY & E R ROACH	RESIDENTIAL	$476,100	140 ft
4309 DUPONT AVE S MINNEAPOLIS MN 55409	P BURLEY & M BURLEY	RESIDENTIAL	$660,900	158 ft

Property History

Most Recent Sale

Date200608

Price$569,900

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$12,554