5201 COLFAX AVE N MINNEAPOLIS MN 55430

PID: 1211821210133

Property Overview

Parcel ID1211821210133

Lot Size4,408 sq ft (0.101 ac)

Lot Dimensions (est.)125 ft wide × 35 ft deep

Year Built1927

Property ClassRESIDENTIAL

OwnerANDREW WELANDER

Assessed Value$147,000

Land Value$39,000

Building Value$108,000

Annual Tax$1,808

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

2 permits on record since 2024 · Most recent: Mar 2024 (res)

ResMar 2024Closed

CHAMPION PLUMBING LLC

ResMar 2024Closed

CenterPoint Energy Resource Corp

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

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 width112 ft

Buildable depth0 ft

Area~1,892 sqft

Lot dimensions are insufficient for the standard setbacks shown.

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 1,892 sqft buildable area.

Est. units

Yield on cost

2.1%

Spread

-3.4%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
5203 COLFAX AVE N MINNEAPOLIS MN 55430	MELVA ALFARO	RESIDENTIAL	$171,700	34 ft
5207 COLFAX AVE N MINNEAPOLIS MN 55430	STEPHEN W NOBLE	RESIDENTIAL	$135,600	67 ft
5209 COLFAX AVE N MINNEAPOLIS MN 55430	TIMOTHY G TESCHENDORF	RESIDENTIAL	$142,400	100 ft
5145 COLFAX AVE N MINNEAPOLIS MN 55430	JENNIFER L SCOTT	RESIDENTIAL	$242,600	101 ft
5211 COLFAX AVE N MINNEAPOLIS MN 55430	M M MCGOVERN/R C MCGOVERN TR	RESIDENTIAL	$111,900	133 ft
5200 DUPONT AVE N MINNEAPOLIS MN 55430	WILLIAM K L DOHERTY ET AL	RESIDENTIAL	$241,600	145 ft
5141 COLFAX AVE N MINNEAPOLIS MN 55430	ROBERT JOHN BROWN	RESIDENTIAL	$195,200	150 ft
5204 DUPONT AVE N MINNEAPOLIS MN 55430	DEANGELO BUFFINGTON	RESIDENTIAL	$252,400	154 ft
5217 COLFAX AVE N MINNEAPOLIS MN 55430	JEFFREY N MAMMENGA	RESIDENTIAL	$148,800	166 ft
5208 DUPONT AVE N MINNEAPOLIS MN 55430	COMMUNITY HOUSING RESOURCES	RESIDENTIAL	$0	174 ft

Property History

Most Recent Sale

Date201912

Price$125,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$1,808