4552 COLFAX AVE N MINNEAPOLIS MN 55412

PID: 1211821340201

Property Overview

Parcel ID1211821340201

Lot Size5,129 sq ft (0.118 ac)

Lot Dimensions (est.)128 ft wide × 40 ft deep

Year Built1925

Property ClassRESIDENTIAL

OwnerNICHOLAS J SEWARD

Assessed Value$169,100

Land Value$31,000

Building Value$138,100

Annual Tax$2,159

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 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~2,647 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 2,647 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
4554 COLFAX AVE N MINNEAPOLIS MN 55412	KEITH JONES	RESIDENTIAL	$172,700	39 ft
4548 COLFAX AVE N MINNEAPOLIS MN 55412	SHELLY JOANN LUECK	RESIDENTIAL	$210,400	40 ft
4558 COLFAX AVE N MINNEAPOLIS MN 55412	MICAH S JOHNSTON	RESIDENTIAL	$243,200	77 ft
4544 COLFAX AVE N MINNEAPOLIS MN 55412	KEVIN LU	RESIDENTIAL	$154,100	77 ft
4538 COLFAX AVE N MINNEAPOLIS MN 55412	JAMES COURTEAU & JAMES PRYOR	RESIDENTIAL	$124,100	114 ft
4551 BRYANT AVE N MINNEAPOLIS MN 55412	MARIE LATRICE SHELBY-OSGOOD	RESIDENTIAL	$220,200	142 ft
4553 BRYANT AVE N MINNEAPOLIS MN 55412	RENEE BICKNELL	RESIDENTIAL	$188,100	148 ft
4549 BRYANT AVE N MINNEAPOLIS MN 55412	DUANE D MOORE JR	RESIDENTIAL	$230,400	151 ft
4534 COLFAX AVE N MINNEAPOLIS MN 55412	JUSTIN BABCOCK	RESIDENTIAL	$110,900	154 ft
4559 BRYANT AVE N MINNEAPOLIS MN 55412	EVERETT WARE	RESIDENTIAL	$208,600	163 ft

Property History

Most Recent Sale

Date202308

Price$182,900

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$2,159