4901 COLFAX AVE S MINNEAPOLIS MN 55419

PID: 1602824140064

Property Overview

Parcel ID1602824140064

Lot Size8,116 sq ft (0.186 ac)

Lot Dimensions (est.)135 ft wide × 60 ft deep

Year Built1949

Property ClassRESIDENTIAL

OwnerA J WALSH & A L WALSH

Assessed Value$990,500

Land Value$336,000

Building Value$654,500

Annual Tax$16,989

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

8 permits on record since 2001 · $516K total declared value · Most recent: Jul 2024 (res)

ResJul 2024Closed

CenterPoint Energy Resource Corp

ExistresJul 2024Closed

Pronto Heating & Air Conditioning Inc

ResJan 2020Closed

Warners Stellian Co Inc

ResDec 2019Closed

FIRESIDE HEARTH AND HOME

ResDec 2019Closed

FIRESIDE HEARTH AND HOME

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

Neighborhood Profile

Lynnhurst · Minneapolis

Median reported rent1,759/mo

Renter-occupied8.6%

Median home value$617K

Vacancy rate2.6%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 1114

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

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 width122 ft

Buildable depth20 ft

Area~4,476 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 4,476 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
4907 COLFAX AVE S MINNEAPOLIS MN 55419	C S DRYKE & G P DRYKE	RESIDENTIAL	$744,100	55 ft
4915 COLFAX AVE S MINNEAPOLIS MN 55419	ETHAN TREPP & ASHLEY TREPP	RESIDENTIAL	$829,600	105 ft
4900 BRYANT AVE S MINNEAPOLIS MN 55419	CODY L MIKL & MOLLIE MIKL	RESIDENTIAL	$546,400	135 ft
4904 BRYANT AVE S MINNEAPOLIS MN 55419	J J NORMAN & B CICCHETTI	RESIDENTIAL	$636,400	138 ft
4853 COLFAX AVE S MINNEAPOLIS MN 55419	SHELLEY S WILLIS	RESIDENTIAL	$830,600	141 ft
4908 BRYANT AVE S MINNEAPOLIS MN 55419	JULIE GLASS-YARES	RESIDENTIAL	$551,000	152 ft
4912 BRYANT AVE S MINNEAPOLIS MN 55419	E S PABST & M J APERS	RESIDENTIAL	$698,500	175 ft
4860 BRYANT AVE S MINNEAPOLIS MN 55419	B WALTS & S WALTS	RESIDENTIAL-TWO UNIT	$799,700	178 ft
4919 COLFAX AVE S MINNEAPOLIS MN 55419	J SEIFFERT & J N SEIFFERT	RESIDENTIAL	$1,136,100	179 ft
4900 COLFAX AVE S MINNEAPOLIS MN 55419	J F SHELTON & C A SHELTON	RESIDENTIAL	$708,800	191 ft

Property History

Most Recent Sale

Date201911

Price$899,900

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$16,989