4541 COLFAX AVE S MINNEAPOLIS MN 55419

PID: 0902824440172

Property Overview

Parcel ID0902824440172

Lot Size5,643 sq ft (0.130 ac)

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

Year Built1905

Property ClassRESIDENTIAL

OwnerMARK A DAMARIO REV TRUST

Assessed Value$529,300

Land Value$263,000

Building Value$266,300

Annual Tax$8,265

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

4 permits on record since 2018 · $19K total declared value · Most recent: Sep 2025 (misc)

MiscSep 2025Closed

$9K

Midwest Exteriors MN

ResDec 2024Closed

CenterPoint Energy Resource Corp

AdditionJul 2021Closed

$11K

COTY CONSTRUCTION AND REMODELING

ExistresJul 2018Closed

CenterPoint Energy Resource Corp

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

Setbacks

Front20 ft

Side (each)5 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width32 ft

Buildable depth94 ft

Area~3,019 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 3,019 sqft buildable area.

Est. units

Yield on cost

3.4%

Spread

-2.1%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
4537 COLFAX AVE S MINNEAPOLIS MN 55419	N M E WEBB & R B F WEBB	RESIDENTIAL	$737,800	42 ft
4533 COLFAX AVE S MINNEAPOLIS MN 55419	ERIK A KUROSS & MARIA KUROSS	RESIDENTIAL	$661,400	84 ft
4557 COLFAX AVE S MINNEAPOLIS MN 55419	RECTOR WARDENS AND VESTRY	LAND-COMMERCIAL	$150,000	86 ft
4529 COLFAX AVE S MINNEAPOLIS MN 55419	JOANNE T HOSTERT	RESIDENTIAL	$588,700	126 ft
4540 BRYANT AVE S MINNEAPOLIS MN 55419	HEATHER G AWAD & OMAR E AWAD	RESIDENTIAL-TWO UNIT	$608,100	134 ft
4544 BRYANT AVE S MINNEAPOLIS MN 55419	DESTINY D CURRY	RESIDENTIAL-TWO UNIT	$565,000	139 ft
4536 BRYANT AVE S MINNEAPOLIS MN 55419	D W JOHNSON & J A JOHNSON	APARTMENT	$657,400	140 ft
4548 BRYANT AVE S MINNEAPOLIS MN 55419	THE DEAL LLC	APARTMENT	$753,400	157 ft
4532 BRYANT AVE S MINNEAPOLIS MN 55419	DANIEL W & JULIE A JOHNSON	APARTMENT	$657,400	158 ft
4525 COLFAX AVE S MINNEAPOLIS MN 55419	SCOTT HENRY & DINA JANSEN	RESIDENTIAL	$781,800	168 ft

Property History

Most Recent Sale

Date201109

Price$355,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$8,265