4659 COLFAX AVE N MINNEAPOLIS MN 55412

PID: 1211821340083

Property Overview

Parcel ID1211821340083

Lot Size4,803 sq ft (0.110 ac)

Lot Dimensions (est.)127 ft wide × 38 ft deep

Year Built1900

Property ClassRESIDENTIAL

OwnerCHERYL NYSTROM

Assessed Value$97,000

Land Value$30,000

Building Value$67,000

Annual Tax$1,189

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

2 permits on record since 2020 · $31K total declared value · Most recent: Sep 2024 (misc)

MiscSep 2024Closed

$7K

CUSTOM REMODELERS LLC

MiscDec 2020Closed

$24K

WINDOW WORLD

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

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 width114 ft

Buildable depth0 ft

Area~2,159 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 2,159 sqft buildable area.

Est. units

Yield on cost

1.9%

Spread

-3.6%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
4653 COLFAX AVE N MINNEAPOLIS MN 55412	STEPHANIE FORD	RESIDENTIAL	$172,700	39 ft
4651 COLFAX AVE N MINNEAPOLIS MN 55412	LALA PROPERTIES LLC	RESIDENTIAL	$261,700	79 ft
4701 COLFAX AVE N MINNEAPOLIS MN 55430	KRISTINE A BONDE	RESIDENTIAL	$216,000	103 ft
4649 COLFAX AVE N MINNEAPOLIS MN 55412	CAITLIN CARDHU SEEBACH	RESIDENTIAL	$186,700	118 ft
4656 DUPONT AVE N MINNEAPOLIS MN 55412	KENTAE ROBERSON	RESIDENTIAL-TWO UNIT	$307,100	137 ft
4654 DUPONT AVE N MINNEAPOLIS MN 55412	R MILLER & L MILLER	RESIDENTIAL-TWO UNIT	$222,100	142 ft
4707 COLFAX AVE N MINNEAPOLIS MN 55430	WAYNE P ROHLF	RESIDENTIAL	$126,200	147 ft
1012 47TH AVE N MINNEAPOLIS MN 55412	KEVIN RICHARDS	RESIDENTIAL	$168,000	154 ft
4643 COLFAX AVE N MINNEAPOLIS MN 55412	JOHN K BOYD	RESIDENTIAL	$262,000	158 ft
4650 DUPONT AVE N MINNEAPOLIS MN 55412	JACOB CRAVENS	RESIDENTIAL	$228,800	158 ft

Property History

Most Recent Sale

Date201808

Price$95,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$1,189