4401 COLFAX AVE S MINNEAPOLIS MN 55419

PID: 0902824440045

Property Overview

Parcel ID0902824440045

Lot Size4,167 sq ft (0.096 ac)

Lot Dimensions (est.)92 ft wide × 45 ft deep

Year Built1914

Property ClassRESIDENTIAL

OwnerBOLA ATTA

Assessed Value$620,000

Land Value$229,000

Building Value$391,000

Annual Tax$9,981

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

2 permits on record since 2022 · $13K total declared value · Most recent: Dec 2024 (res)

ResDec 2024Closed

CenterPoint Energy Resource Corp

MiscDec 2022Closed

$13K

Perry and Horton Construction 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 55419

Median sale price$494K-4.7% YoY

Median price / sqft$270/sqft

Median days to close29 days

Active listings30

Source: Redfin Data Center (Invalid Date) · Zip 55419

Zoning

UN2Urban Neighborhood 2

Urban Neighborhood 2 — moderate-density residential

Typical Uses

·Duplexes
·Triplexes
·Small apartment buildings (≤4 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 width79 ft

Buildable depth5 ft

Area~1,681 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 small multifamily (2–4 units, wood frame) benchmarks for 1,681 sqft buildable area.

Est. units

Yield on cost

2.8%

Spread

-2.7%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
4405 COLFAX AVE S MINNEAPOLIS MN 55419	CRAIG S OLSON	RESIDENTIAL	$519,200	44 ft
915 44TH ST W MINNEAPOLIS MN 55409	E A MALY AND W R VERSEN	RESIDENTIAL	$531,400	70 ft
4409 COLFAX AVE S MINNEAPOLIS MN 55419	M MOULSON & J E GREENZWEIG	RESIDENTIAL	$532,500	88 ft
909 44TH ST W MINNEAPOLIS MN 55409	R EWALD & A SINGLETON	RESIDENTIAL	$377,000	112 ft
4353 COLFAX AVE S MINNEAPOLIS MN 55409	SCHROEDER REV FAMILY TRUST	RESIDENTIAL	$693,100	123 ft
4415 COLFAX AVE S MINNEAPOLIS MN 55419	J M LUTZ & M L OSTLING	RESIDENTIAL	$656,800	129 ft
905 44TH ST W MINNEAPOLIS MN 55409	MATTHEW PRISE	RESIDENTIAL	$465,200	156 ft
914 44TH ST W MINNEAPOLIS MN 55409	BARBARA N FARRELL	RESIDENTIAL	$381,300	158 ft
4349 COLFAX AVE S MINNEAPOLIS MN 55409	DANIEL C MULVEHILL	RESIDENTIAL-TWO UNIT	$601,200	166 ft
4417 COLFAX AVE S MINNEAPOLIS MN 55419	ARCHIBALD A & AMY M SKEMP	RESIDENTIAL	$735,000	171 ft

Property History

Most Recent Sale

Date200404

Price$542,500

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$9,981