4727 COLFAX AVE N MINNEAPOLIS MN 55430

PID: 1211821310097

Property Overview

Parcel ID1211821310097

Lot Size5,024 sq ft (0.115 ac)

Lot Dimensions (est.)125 ft wide × 40 ft deep

Year Built1922

Property ClassRESIDENTIAL

OwnerTERANCE DISCHINGER ET AL

Assessed Value$184,000

Land Value$36,000

Building Value$148,000

Annual Tax$2,656

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

Setbacks

Front20 ft

Side (each)5 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width30 ft

Buildable depth86 ft

Area~2,568 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 2,568 sqft buildable area.

Est. units

Yield on cost

3.1%

Spread

-2.4%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
4731 COLFAX AVE N MINNEAPOLIS MN 55430	KARINA N SORIANO CORTES	RESIDENTIAL	$183,100	40 ft
4723 COLFAX AVE N MINNEAPOLIS MN 55430	L J SCHUTTE & E E HATCH	RESIDENTIAL	$191,000	40 ft
4735 COLFAX AVE N MINNEAPOLIS MN 55430	ANNA MOTTER	RESIDENTIAL	$176,400	80 ft
4719 COLFAX AVE N MINNEAPOLIS MN 55430	ANDREA IRIS WAGNER	RESIDENTIAL	$206,500	80 ft
4739 COLFAX AVE N MINNEAPOLIS MN 55430	MONICA JEANNE HAGEN	RESIDENTIAL	$143,000	120 ft
4715 COLFAX AVE N MINNEAPOLIS MN 55430	NATHAN W VARHOL	RESIDENTIAL	$216,900	120 ft
4726 DUPONT AVE N MINNEAPOLIS MN 55430	HEATHER WILL	RESIDENTIAL	$196,400	139 ft
4722 DUPONT AVE N MINNEAPOLIS MN 55430	WESLEY D COUNTRYMAN	RESIDENTIAL	$129,000	145 ft
4730 DUPONT AVE N MINNEAPOLIS MN 55430	HEATHER KNOTT	RESIDENTIAL	$200,300	145 ft
4743 COLFAX AVE N MINNEAPOLIS MN 55430	IRENE M WILLIAMS	RESIDENTIAL	$181,100	160 ft

Property History

Most Recent Sale

Date200207

Price$100

TypeQUIT CLAIM DEED

Current Tax Year

Year2026

Tax Due$2,656