4829 COLFAX AVE S MINNEAPOLIS MN 55419

PID: 1602824140146

Property Overview

Parcel ID1602824140146

Lot Size10,021 sq ft (0.230 ac)

Lot Dimensions (est.)179 ft wide × 56 ft deep

Year Built1913

Property ClassRESIDENTIAL

OwnerALLYSON AMIS

Assessed Value$1,033,000

Land Value$366,000

Building Value$667,000

Annual Tax$17,794

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

3 permits on record since 2017 · $36K total declared value · Most recent: Aug 2024 (misc)

MiscAug 2024Closed

$17K

WEIS N SEEL ROOFING & RESTORATION

MiscJun 2017Closed

$18K

SCHERER BROTHERS LUMBER CO

ExistresApr 2017Cancelled

UPTOWN PLUMBING HEATING AND COOLING

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

Setbacks

Front20 ft

Side (each)5 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width50 ft

Buildable depth127 ft

Area~6,228 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 6,228 sqft buildable area.

Est. units

Yield on cost

3.7%

Spread

-1.8%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
4825 COLFAX AVE S MINNEAPOLIS MN 55419	RAINS BROOKE FAMILY TRUST	RESIDENTIAL	$750,000	61 ft
4835 COLFAX AVE S MINNEAPOLIS MN 55419	A SCHMIESING & J SCHMIESING	RESIDENTIAL	$833,500	61 ft
4815 COLFAX AVE S MINNEAPOLIS MN 55419	ELIZABETH C BUCKINGHAM	RESIDENTIAL	$760,800	120 ft
4839 COLFAX AVE S MINNEAPOLIS MN 55419	M L FLING & M A G FLING	RESIDENTIAL	$720,100	122 ft
4820 BRYANT AVE S MINNEAPOLIS MN 55419	B J ROACH & S H ROACH	RESIDENTIAL	$783,200	132 ft
4826 BRYANT AVE S MINNEAPOLIS MN 55419	PAULA G RIVERS	RESIDENTIAL-TWO UNIT	$635,300	134 ft
4830 BRYANT AVE S MINNEAPOLIS MN 55419	METODY ALLEN-POPOV ET AL	RESIDENTIAL	$703,000	148 ft
4816 BRYANT AVE S MINNEAPOLIS MN 55419	B T KINSTLER & L L KINSTLER	RESIDENTIAL	$672,000	168 ft
4838 BRYANT AVE S MINNEAPOLIS MN 55419	DEBRA CARBARNES/MARK SAMELS	RESIDENTIAL	$574,700	170 ft
4809 COLFAX AVE S MINNEAPOLIS MN 55419	D T HERNDON & B S HERNDON	RESIDENTIAL	$840,500	180 ft

Property History

Most Recent Sale

Date202503

Price$1,235,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$17,794