4760 COLFAX AVE N MINNEAPOLIS MN 55430

PID: 1211821310088

Property Overview

Parcel ID1211821310088

Lot Size5,195 sq ft (0.119 ac)

Lot Dimensions (est.)130 ft wide × 40 ft deep

Year Built1916

Property ClassRESIDENTIAL

OwnerDWAYNE MEIER

Assessed Value$149,000

Land Value$37,000

Building Value$112,000

Annual Tax$4,199

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

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 width117 ft

Buildable depth0 ft

Area~2,426 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 2,426 sqft buildable area.

Est. units

Yield on cost

3.3%

Spread

-2.2%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
4756 COLFAX AVE N MINNEAPOLIS MN 55430	KARA LARSON	RESIDENTIAL	$218,100	40 ft
4750 COLFAX AVE N MINNEAPOLIS MN 55430	DANIEL ROBERT BUCHANAN	RESIDENTIAL	$202,400	80 ft
4800 COLFAX AVE N MINNEAPOLIS MN 55430	WILLIS EDWARD MYRICK JR	RESIDENTIAL	$356,000	101 ft
4746 COLFAX AVE N MINNEAPOLIS MN 55430	CHRISTOPHER R HILL	RESIDENTIAL	$143,100	120 ft
4759 BRYANT AVE N MINNEAPOLIS MN 55430	R J & G M SZACH	RESIDENTIAL	$184,500	143 ft
4804 COLFAX AVE N MINNEAPOLIS MN 55430	DREW S JOHNSON	RESIDENTIAL	$195,500	143 ft
4755 BRYANT AVE N MINNEAPOLIS MN 55430	THERESA K VU & VINCENT VU	RESIDENTIAL	$199,500	149 ft
4742 COLFAX AVE N MINNEAPOLIS MN 55430	AMANDA ROSE RUCH	RESIDENTIAL	$177,300	160 ft
4751 BRYANT AVE N MINNEAPOLIS MN 55430	LAMONT D GREEN	RESIDENTIAL	$275,300	164 ft
4801 BRYANT AVE N MINNEAPOLIS MN 55430	MARLENA YANG	RESIDENTIAL	$239,700	175 ft

Property History

Most Recent Sale

Date201304

Price$47,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$4,199