4811 COLFAX AVE N MINNEAPOLIS MN 55430

PID: 1211821310219

Property Overview

Parcel ID1211821310219

Lot Size5,140 sq ft (0.118 ac)

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

Year Built1916

Property ClassRESIDENTIAL

OwnerKAREN J NIELSEN

Assessed Value$214,100

Land Value$37,000

Building Value$177,100

Annual Tax$3,165

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

1 permit on record since 2021 · Most recent: Sep 2021 (res)

ResSep 2021Closed

CHAMPION PLUMBING LLC

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 depth88 ft

Area~2,654 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 2,654 sqft buildable area.

Est. units

Yield on cost

3.0%

Spread

-2.5%

Loading map…

Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
4815 COLFAX AVE N MINNEAPOLIS MN 55430	KIM C LOWERY	RESIDENTIAL	$189,300	40 ft
4807 COLFAX AVE N MINNEAPOLIS MN 55430	JANE E PRIBYL-CASTLEMAN	RESIDENTIAL	$231,000	40 ft
4819 COLFAX AVE N MINNEAPOLIS MN 55430	JEFFREY VB-KITTELSON III	RESIDENTIAL	$122,000	80 ft
1000 48TH AVE N MINNEAPOLIS MN 55430	JENNIFER PAULSON	RESIDENTIAL	$262,400	81 ft
4823 COLFAX AVE N MINNEAPOLIS MN 55430	KESA JONES	RESIDENTIAL	$217,800	120 ft
4810 DUPONT AVE N MINNEAPOLIS MN 55430	MASON GROUP ONE LLC	RESIDENTIAL	$211,900	142 ft
4806 DUPONT AVE N MINNEAPOLIS MN 55430	DEBRA A KALLUNKI	RESIDENTIAL	$224,000	147 ft
4814 DUPONT AVE N MINNEAPOLIS MN 55430	KIMBERLEE LITTREL	RESIDENTIAL	$230,400	148 ft
4827 COLFAX AVE N MINNEAPOLIS MN 55430	JOHN M BROWN & ASHLEY BROWN	RESIDENTIAL	$231,700	160 ft
4800 DUPONT AVE N MINNEAPOLIS MN 55430	ELIZABETH SCHOENLE	RESIDENTIAL	$193,000	163 ft

Property History

Most Recent Sale

Date199909

Price$89,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$3,165