4618 COLFAX AVE N MINNEAPOLIS MN 55412

PID: 1211821340076

Property Overview

Parcel ID1211821340076

Lot Size5,133 sq ft (0.118 ac)

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

Year Built1925

Property ClassRESIDENTIAL

OwnerTHOMAS MILLER

Assessed Value$124,500

Land Value$31,000

Building Value$93,500

Annual Tax$1,899

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 2020 · $7K total declared value · Most recent: Jul 2022 (misc)

MiscJul 2022Closed

$7K

Options Exteriors

ExistresOct 2020Closed

Ray N Welter Heating Co

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 55412

Median sale price$225K-2.2% YoY

Median price / sqft$172/sqft

Median days to close31 days

Active listings67

Source: Redfin Data Center (Invalid Date) · Zip 55412

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~2,649 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 2,649 sqft buildable area.

Est. units

Yield on cost

3.1%

Spread

-2.4%

Loading map…

Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
4614 COLFAX AVE N MINNEAPOLIS MN 55412	E B JOHNSON & W L JOHNSON	RESIDENTIAL	$267,700	40 ft
4622 COLFAX AVE N MINNEAPOLIS MN 55412	ROHINI DAWES	RESIDENTIAL	$247,000	40 ft
4610 COLFAX AVE N MINNEAPOLIS MN 55412	XAI THAO	RESIDENTIAL	$215,900	80 ft
4626 COLFAX AVE N MINNEAPOLIS MN 55412	SANDRA SPIRES	RESIDENTIAL	$91,000	80 ft
4606 COLFAX AVE N MINNEAPOLIS MN 55412	R & P MURPHY	RESIDENTIAL	$220,200	120 ft
4630 COLFAX AVE N MINNEAPOLIS MN 55412	TYLER GRAHAM	RESIDENTIAL	$207,600	120 ft
4619 BRYANT AVE N MINNEAPOLIS MN 55412	ADRIAN SWABY & TARA SWABY	RESIDENTIAL-TWO UNIT	$260,900	142 ft
4621 BRYANT AVE N MINNEAPOLIS MN 55412	COMMUNITY HOUSING RESOURCES	RESIDENTIAL	$0	148 ft
4615 BRYANT AVE N MINNEAPOLIS MN 55412	ROWAN MILLER	RESIDENTIAL	$177,000	148 ft
4600 COLFAX AVE N MINNEAPOLIS MN 55412	DARRELL YOUNG	RESIDENTIAL-TWO UNIT	$306,400	159 ft

Property History

Most Recent Sale

Date200901

Price$22,900

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$1,899