5217 COLFAX AVE N MINNEAPOLIS MN 55430

PID: 1211821210128

Property Overview

Parcel ID1211821210128

Lot Size4,138 sq ft (0.095 ac)

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

Year Built1932

Property ClassRESIDENTIAL

OwnerJEFFREY N MAMMENGA

Assessed Value$148,800

Land Value$37,000

Building Value$111,800

Annual Tax$2,304

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

2 permits on record since 2022 · $13K total declared value · Most recent: Oct 2022 (existres)

ExistresOct 2022Closed

CENTERPOINT ENERGY

MiscAug 2022Closed

$13K

ARKO EXTERIORS INC

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

Neighborhood Profile

Lind - Bohanon · 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~1,964 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 1,964 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
5211 COLFAX AVE N MINNEAPOLIS MN 55430	M M MCGOVERN/R C MCGOVERN TR	RESIDENTIAL	$111,900	33 ft
5221 COLFAX AVE N MINNEAPOLIS MN 55430	DORINA MCINTYRE	RESIDENTIAL	$234,200	41 ft
5209 COLFAX AVE N MINNEAPOLIS MN 55430	TIMOTHY G TESCHENDORF	RESIDENTIAL	$142,400	66 ft
5225 COLFAX AVE N MINNEAPOLIS MN 55430	DANIEL LATU	RESIDENTIAL	$232,900	91 ft
5207 COLFAX AVE N MINNEAPOLIS MN 55430	STEPHEN W NOBLE	RESIDENTIAL	$135,600	99 ft
5203 COLFAX AVE N MINNEAPOLIS MN 55430	MELVA ALFARO	RESIDENTIAL	$171,700	132 ft
5229 COLFAX AVE N MINNEAPOLIS MN 55430	PAMELA ANDERSON	RESIDENTIAL	$241,000	140 ft
5218 DUPONT AVE N MINNEAPOLIS MN 55430	GAIL E SHANNON	RESIDENTIAL	$204,100	146 ft
5214 DUPONT AVE N MINNEAPOLIS MN 55430	MILANOVICH PROPERTIES LLC	RESIDENTIAL	$220,100	147 ft
5222 DUPONT AVE N MINNEAPOLIS MN 55430	WILLIAM BRUCE HOY	RESIDENTIAL	$228,700	157 ft

Property History

Most Recent Sale

Date199609

Price$32,000

TypeOTHER – SEE CERTIFICATE OF REAL ESTATE VALUE (CRV)

Current Tax Year

Year2026

Tax Due$2,304