4728 COLFAX AVE S MINNEAPOLIS MN 55419

PID: 1602824110113

Property Overview

Parcel ID1602824110113

Lot Size5,358 sq ft (0.123 ac)

Lot Dimensions (est.)134 ft wide × 40 ft deep

Year Built1913

Property ClassRESIDENTIAL

OwnerM W YEAZEL & J L KEMPF

Assessed Value$696,000

Land Value$284,000

Building Value$412,000

Annual Tax$11,419

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

6 permits on record since 2017 · $44K total declared value · Most recent: Jul 2024 (res)

ResJul 2024Closed

CenterPoint Energy Resource Corp

MiscOct 2019Closed

$10K

Kretzman Exteriors LLC

ExistresJul 2019Closed

Erickson Plumbing Heating Cooling Inc

ExistresJul 2017Closed

Centraire Heating & Air Conditioning LLC

ResJul 2017Closed

DINIUS PLUMBING CO INC

Source: Minneapolis open data. Declared construction values are applicant-reported and may not reflect actual project cost.

Neighborhood Profile

Lynnhurst · Minneapolis

Median reported rent1,676/mo

Renter-occupied16.2%

Median home value$633K

Vacancy rate4.8%

ACS rents reflect current tenant leases and may differ from new market rents.

Source: 2022 ACS 5-Year Estimates · Census Tract 107

Market Snapshot

Zip code 55419

Median sale price$494K-4.7% YoY

Median price / sqft$270/sqft

Median days to close29 days

Active listings30

Source: Redfin Data Center (Invalid Date) · Zip 55419

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 depth94 ft

Area~2,818 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 2,818 sqft buildable area.

Est. units

Yield on cost

2.1%

Spread

-3.4%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
4724 COLFAX AVE S MINNEAPOLIS MN 55419	KATHRYN A NELSEN	RESIDENTIAL	$606,000	40 ft
4732 COLFAX AVE S MINNEAPOLIS MN 55419	DAVID J & KELSEY S K STARRS	RESIDENTIAL	$565,000	40 ft
4720 COLFAX AVE S MINNEAPOLIS MN 55419	J M BEHEYDT/A G ROSSELLI	RESIDENTIAL	$712,000	80 ft
4736 COLFAX AVE S MINNEAPOLIS MN 55419	BRIAN W KENSICKI	RESIDENTIAL	$652,000	80 ft
4716 COLFAX AVE S MINNEAPOLIS MN 55419	MARGARET REYNOLDS	RESIDENTIAL	$790,100	120 ft
4740 COLFAX AVE S MINNEAPOLIS MN 55419	JOHNATHAN GAST ET AL	RESIDENTIAL	$606,800	120 ft
4731 DUPONT AVE S MINNEAPOLIS MN 55419	LAURIE ANN HENNEN	RESIDENTIAL	$575,200	135 ft
4725 DUPONT AVE S MINNEAPOLIS MN 55419	J B MEISTER & S B MEISTER	RESIDENTIAL	$845,000	139 ft
4735 DUPONT AVE S MINNEAPOLIS MN 55419	KESLER LIVING TRUST	RESIDENTIAL	$864,700	149 ft
4712 COLFAX AVE S MINNEAPOLIS MN 55419	M I HAUKEDAHL ET AL	RESIDENTIAL	$736,000	160 ft

Property History

Most Recent Sale

Date199211

Price$170,000

TypeOTHER – SEE CERTIFICATE OF REAL ESTATE VALUE (CRV)

Current Tax Year

Year2026

Tax Due$11,419