4722 COLFAX AVE N MINNEAPOLIS MN 55430

PID: 1211821310079

Property Overview

Parcel ID1211821310079

Lot Size5,159 sq ft (0.118 ac)

Lot Dimensions (est.)129 ft wide × 40 ft deep

Year Built1923

Property ClassRESIDENTIAL

OwnerMARLENE T HAFNER

Assessed Value$135,800

Land Value$37,000

Building Value$98,800

Annual Tax$1,855

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

3 permits on record since 2021 · $16K total declared value · Most recent: Oct 2024 (misc)

MiscOct 2024Closed

$14K

RENEWAL BY ANDERSEN CORP

MiscMar 2021Closed

$3K

RENEWAL BY ANDERSEN CORP

ResMar 2021Closed

TJK PLUMBING 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 width30 ft

Buildable depth89 ft

Area~2,669 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 2,669 sqft buildable area.

Est. units

Yield on cost

3.0%

Spread

-2.5%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
4718 COLFAX AVE N MINNEAPOLIS MN 55430	MICAH KING	RESIDENTIAL	$224,100	40 ft
4726 COLFAX AVE N MINNEAPOLIS MN 55430	KEBEDE PROPERTIES LLC	RESIDENTIAL	$292,000	40 ft
4714 COLFAX AVE N MINNEAPOLIS MN 55430	GENNADY AVERBAKH	RESIDENTIAL	$173,900	80 ft
4730 COLFAX AVE N MINNEAPOLIS MN 55430	JEFFREY ONELL ZUNIGA ET AL	RESIDENTIAL	$203,700	80 ft
4710 COLFAX AVE N MINNEAPOLIS MN 55430	STEPHANIE K CURTIS	RESIDENTIAL	$232,900	120 ft
4734 COLFAX AVE N MINNEAPOLIS MN 55430	TNANITA WOODALL	RESIDENTIAL	$181,900	120 ft
4719 BRYANT AVE N MINNEAPOLIS MN 55430	4719 BRYANT AVE NORTH LLC	RESIDENTIAL-TWO UNIT	$285,800	144 ft
4727 BRYANT AVE N MINNEAPOLIS MN 55430	REGINA ROBBINS	RESIDENTIAL	$173,800	148 ft
4706 COLFAX AVE N MINNEAPOLIS MN 55430	ALLURE INVESTMENTS LLC	LOW INCOME RENTAL	$214,300	160 ft
4738 COLFAX AVE N MINNEAPOLIS MN 55430	C GREER & KEVIN MCCALL	RESIDENTIAL	$119,000	160 ft

Property History

Current Tax Year

Year2026

Tax Due$1,855