4721 COLFAX AVE S MINNEAPOLIS MN 55419

PID: 1602824110154

Property Overview

Parcel ID1602824110154

Lot Size5,415 sq ft (0.124 ac)

Lot Dimensions (est.)135 ft wide × 40 ft deep

Year Built1924

Property ClassRESIDENTIAL

OwnerJOHN & LAUREL BLAINE REV TR

Assessed Value$790,500

Land Value$287,000

Building Value$503,500

Annual Tax$13,206

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictUnknown

Permit History

7 permits on record since 2017 · $18K total declared value · Most recent: May 2026 (existres)

ExistresMay 2026Inspection

Hero Home Services LLC

MiscApr 2025Final Inspection

$10K

KENRIC CONTRACTING

MiscJan 2025Final Inspection

$7K

RENEWAL BY ANDERSEN CORP

ResJul 2024Closed

CenterPoint Energy Resource Corp

ResJul 2023Expired

Warners Stellian 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

UN2Urban Neighborhood 2

Urban Neighborhood 2 — moderate-density residential

Typical Uses

·Duplexes
·Triplexes
·Small apartment buildings (≤4 units)

Max Height35 ft

Development Potential

Setbacks

Front20 ft

Side (each)5 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width30 ft

Buildable depth95 ft

Area~2,861 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 small multifamily (2–4 units, wood frame) benchmarks for 2,861 sqft buildable area.

Est. units

Yield on cost

3.5%

Spread

-2.0%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
4725 COLFAX AVE S MINNEAPOLIS MN 55419	T D DIETRICH & M EW DIETRICH	RESIDENTIAL	$709,800	40 ft
4717 COLFAX AVE S MINNEAPOLIS MN 55419	M MORRISON & J D MORRISON	RESIDENTIAL	$564,900	40 ft
4729 COLFAX AVE S MINNEAPOLIS MN 55419	E S HEINEMANN & S TARLETON	RESIDENTIAL	$631,000	80 ft
4713 COLFAX AVE S MINNEAPOLIS MN 55419	ANDREW SHERMAN & LIA SHERMAN	RESIDENTIAL	$764,300	80 ft
4733 COLFAX AVE S MINNEAPOLIS MN 55419	J W DOHENY & P DOHENY	RESIDENTIAL	$630,500	120 ft
4709 COLFAX AVE S MINNEAPOLIS MN 55419	M WALLACE & E BUTLER	RESIDENTIAL	$534,000	120 ft
4722 BRYANT AVE S MINNEAPOLIS MN 55419	C L ABENE & M LINDNER	RESIDENTIAL	$563,800	135 ft
4716 BRYANT AVE S MINNEAPOLIS MN 55419	SHELLY HAMMES	RESIDENTIAL	$561,100	138 ft
4728 BRYANT AVE S MINNEAPOLIS MN 55419	OYA B OZEL	RESIDENTIAL	$622,500	153 ft
4712 BRYANT AVE S MINNEAPOLIS MN 55419	TIMOTHY A HYDE & AMY JO HYDE	RESIDENTIAL	$509,300	155 ft

Property History

Most Recent Sale

Date202412

Price$868,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$13,206