5232 COLFAX AVE N MINNEAPOLIS MN 55430

PID: 1211821210114

Property Overview

Parcel ID1211821210114

Lot Size4,133 sq ft (0.095 ac)

Lot Dimensions (est.)125 ft wide × 33 ft deep

Year Built1930

Property ClassRESIDENTIAL

OwnerITZAYAN ROCHA-CORONADO

Assessed Value$169,000

Land Value$37,000

Building Value$132,000

Annual Tax$2,616

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Development Opportunities

Area of Concentrated PovertyHigh

In an ACP50 area — a Minneapolis priority designation that increases scoring for Great Streets gap financing, Affordable Housing Trust Fund, and other CPED programs.

Minneapolis — Affordable Housing Trust Fund ↗

Potential programs

Great Streets Gap FinancingMedium

Below-market loans for commercial real estate development and rehabilitation on eligible corridors; priority given to Green Zone and ACP50 locations.

Minneapolis Great Streets — Gap Financing ↗

Signals are based on public datasets; program eligibility requires verification.

Permit History

No permits found in Minneapolis open data for this parcel.

Neighborhood Profile

Minneapolis

Median reported rent1,200/mo

Renter-occupied30.7%

Median home value$219K

Vacancy rate6.6%

ACS rents reflect current tenant leases and may differ from new market rents.

Source: 2022 ACS 5-Year Estimates · Census Tract 1.02

Market Snapshot

Zip code 55430

Median sale price$285K+3.3% YoY

Median price / sqft$175/sqft

Median days to close36 days

Active listings37

Source: Redfin Data Center (Invalid Date) · Zip 55430

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 width23 ft

Buildable depth85 ft

Area~1,960 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 1,960 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
5224 COLFAX AVE N MINNEAPOLIS MN 55430	RV HOLDINGS FIVE LLC	RESIDENTIAL	$209,100	50 ft
5234 COLFAX AVE N MINNEAPOLIS MN 55430	T LUMPPIO & L LUMPPIO	RESIDENTIAL	$199,800	50 ft
5220 COLFAX AVE N MINNEAPOLIS MN 55430	PEGGY MEEHAN	RESIDENTIAL	$232,500	116 ft
5238 COLFAX AVE N MINNEAPOLIS MN 55430	JIBRON COOK	RESIDENTIAL	$149,800	116 ft
5231 BRYANT AVE N MINNEAPOLIS MN 55430	LITA TRUDY OTTO	RESIDENTIAL	$254,000	145 ft
5229 BRYANT AVE N MINNEAPOLIS MN 55430	M D SHOOTS & G E SHOOTS	RESIDENTIAL	$193,900	149 ft
5235 BRYANT AVE N MINNEAPOLIS MN 55430	SUSAN JEAN BROUSSEAU	RESIDENTIAL	$152,600	150 ft
5227 BRYANT AVE N MINNEAPOLIS MN 55430	MARK O'DAY	RESIDENTIAL	$162,400	160 ft
5239 BRYANT AVE N MINNEAPOLIS MN 55430	CARLTON LEO SCHAKE JR	RESIDENTIAL	$196,400	164 ft
5246 COLFAX AVE N MINNEAPOLIS MN 55430	MELISSA J & CHUNDRA T WALTON	RESIDENTIAL	$216,100	165 ft

Property History

Most Recent Sale

Date202209

Price$190,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$2,616