4730 COLFAX AVE N MINNEAPOLIS MN 55430

PID: 1211821310081

Property Overview

Parcel ID1211821310081

Lot Size5,167 sq ft (0.119 ac)

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

Year Built1924

Property ClassRESIDENTIAL

OwnerJEFFREY ONELL ZUNIGA ET AL

Assessed Value$203,700

Land Value$37,000

Building Value$166,700

Annual Tax$2,994

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 2018 · $2K total declared value · Most recent: Aug 2024 (res)

ResAug 2024Closed

Urban Pine Plumbing and Mechanical Inc

MiscOct 2018Closed

$2K

Ganesh Singh

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~2,675 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 2,675 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
4726 COLFAX AVE N MINNEAPOLIS MN 55430	KEBEDE PROPERTIES LLC	RESIDENTIAL	$292,000	40 ft
4734 COLFAX AVE N MINNEAPOLIS MN 55430	TNANITA WOODALL	RESIDENTIAL	$181,900	40 ft
4722 COLFAX AVE N MINNEAPOLIS MN 55430	MARLENE T HAFNER	RESIDENTIAL	$135,800	80 ft
4738 COLFAX AVE N MINNEAPOLIS MN 55430	C GREER & KEVIN MCCALL	RESIDENTIAL	$119,000	80 ft
4718 COLFAX AVE N MINNEAPOLIS MN 55430	MICAH KING	RESIDENTIAL	$224,100	120 ft
4742 COLFAX AVE N MINNEAPOLIS MN 55430	AMANDA ROSE RUCH	RESIDENTIAL	$177,300	120 ft
4731 BRYANT AVE N MINNEAPOLIS MN 55430	GINA SUNDEEN	RESIDENTIAL	$218,100	143 ft
4735 BRYANT AVE N MINNEAPOLIS MN 55430	FIVE STAR ENTERPRISES LLC	RESIDENTIAL-TWO UNIT	$221,200	148 ft
4727 BRYANT AVE N MINNEAPOLIS MN 55430	REGINA ROBBINS	RESIDENTIAL	$173,800	148 ft
4714 COLFAX AVE N MINNEAPOLIS MN 55430	GENNADY AVERBAKH	RESIDENTIAL	$173,900	160 ft

Property History

Most Recent Sale

Date201903

Price$150,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$2,994