4634 COLFAX AVE N MINNEAPOLIS MN 55412

PID: 1211821340080

Property Overview

Parcel ID1211821340080

Lot Size5,133 sq ft (0.118 ac)

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

Year Built1961

Property ClassRESIDENTIAL

OwnerLAKASHA MARTINEZ

Assessed Value$230,800

Land Value$31,000

Building Value$199,800

Annual Tax$3,416

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 2022 · Most recent: Mar 2022 (existres)

ExistresMar 2022Closed

CENTERPOINT ENERGY

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~2,650 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 2,650 sqft buildable area.

Est. units

Yield on cost

3.1%

Spread

-2.4%

Loading map…

Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
4630 COLFAX AVE N MINNEAPOLIS MN 55412	TYLER GRAHAM	RESIDENTIAL	$207,600	40 ft
4626 COLFAX AVE N MINNEAPOLIS MN 55412	SANDRA SPIRES	RESIDENTIAL	$91,000	80 ft
4622 COLFAX AVE N MINNEAPOLIS MN 55412	ROHINI DAWES	RESIDENTIAL	$247,000	120 ft
4656 COLFAX AVE N MINNEAPOLIS MN 55412	GETHSEMANE EVAN LUTH CH	COMMERCIAL-PREFERRED	$0	139 ft
4635 BRYANT AVE N MINNEAPOLIS MN 55412	LISA COLEY	RESIDENTIAL	$230,900	142 ft
4639 BRYANT AVE N MINNEAPOLIS MN 55412	LAURA STODDARD	RESIDENTIAL	$245,500	148 ft
4631 BRYANT AVE N MINNEAPOLIS MN 55412	ENDURING LEGACY ENTRPRSE LLC	LOW INCOME RENTAL	$292,300	148 ft
4618 COLFAX AVE N MINNEAPOLIS MN 55412	THOMAS MILLER	RESIDENTIAL	$124,500	160 ft
4643 BRYANT AVE N MINNEAPOLIS MN 55412	DWAYNE MEIER	RESIDENTIAL	$160,300	163 ft
4627 BRYANT AVE N MINNEAPOLIS MN 55412	J T RODRIGUEZ	RESIDENTIAL	$163,700	163 ft

Property History

Most Recent Sale

Date201512

Price$165,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$3,416