4332 COLFAX AVE S MINNEAPOLIS MN 55409

PID: 0902824410150

Property Overview

Parcel ID0902824410150

Lot Size5,646 sq ft (0.130 ac)

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

Year Built1911

Property ClassRESIDENTIAL

OwnerMICHELLE A GILBERTSON TRUST

Assessed Value$605,000

Land Value$274,000

Building Value$331,000

Annual Tax$9,698

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

5 permits on record since 2014 · $107K total declared value · Most recent: Dec 2024 (res)

ResDec 2024Closed

CenterPoint Energy Resource Corp

MiscSep 2022Closed

$14K

KAUFMAN SHEET METAL ROOFING INC

MiscJul 2018Closed

$9K

DONNELLY STUCCO & EXTERIORS

ResOct 2017Closed

PRACTICAL SYSTEMS AND DUCTWORK HEATING AND COOLING

Building Re-inspectionOct 2014

$85K

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~3,021 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
4328 COLFAX AVE S MINNEAPOLIS MN 55409	S L GREGORY & S L LANE	RESIDENTIAL	$1,013,000	42 ft
4336 COLFAX AVE S MINNEAPOLIS MN 55409	DANIELLE WONG/ZACH DE BLAEY	RESIDENTIAL	$639,600	42 ft
4324 COLFAX AVE S MINNEAPOLIS MN 55409	VICKI LANDRO/TIMOTHY LANDRO	RESIDENTIAL	$564,700	84 ft
4340 COLFAX AVE S MINNEAPOLIS MN 55409	K L HOLMAN & J A GALDONIK	RESIDENTIAL	$537,000	84 ft
4320 COLFAX AVE S MINNEAPOLIS MN 55409	A J FRUSH & D T FRUSH	RESIDENTIAL	$680,800	126 ft
4344 COLFAX AVE S MINNEAPOLIS MN 55409	J DURRANT & S DURRANT	RESIDENTIAL	$484,600	126 ft
4333 DUPONT AVE S MINNEAPOLIS MN 55409	JEFFREY HSING-CHE WANG	RESIDENTIAL	$681,100	134 ft
4337 DUPONT AVE S MINNEAPOLIS MN 55409	J SVEDAHL & S SVEDAHL	RESIDENTIAL	$971,400	141 ft
4325 DUPONT AVE S MINNEAPOLIS MN 55409	SCOTT G SISEL & MARY K SISEL	RESIDENTIAL	$1,049,000	148 ft
4341 DUPONT AVE S MINNEAPOLIS MN 55409	JAMES & BETH CONWAY	RESIDENTIAL	$826,900	158 ft

Property History

Most Recent Sale

Date200509

Price$459,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$9,698