4825 COLFAX AVE S MINNEAPOLIS MN 55419

PID: 1602824140147

Property Overview

Parcel ID1602824140147

Lot Size8,161 sq ft (0.187 ac)

Lot Dimensions (est.)136 ft wide × 60 ft deep

Year Built1927

Property ClassRESIDENTIAL

OwnerRAINS BROOKE FAMILY TRUST

Assessed Value$750,000

Land Value$337,000

Building Value$413,000

Annual Tax$12,440

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

8 permits on record since 2017 · $68K total declared value · Most recent: Jun 2024 (accessory)

AccessoryJun 2024Closed

$28K

ACE CONCRETE STONE AND BRICK PAVING INC

ExistresDec 2022Closed

APOLLO HEATING AND AIR

ResDec 2017Closed

CENTERPOINT ENERGY

ExistresOct 2017Closed

Erickson Plumbing Heating Cooling Inc

ResMay 2017Closed

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 rent1,759/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 depth96 ft

Area~4,799 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 4,799 sqft buildable area.

Est. units

Yield on cost

3.6%

Spread

-1.9%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
4815 COLFAX AVE S MINNEAPOLIS MN 55419	ELIZABETH C BUCKINGHAM	RESIDENTIAL	$760,800	60 ft
4829 COLFAX AVE S MINNEAPOLIS MN 55419	ALLYSON AMIS	RESIDENTIAL	$1,033,000	61 ft
4809 COLFAX AVE S MINNEAPOLIS MN 55419	D T HERNDON & B S HERNDON	RESIDENTIAL	$840,500	120 ft
4835 COLFAX AVE S MINNEAPOLIS MN 55419	A SCHMIESING & J SCHMIESING	RESIDENTIAL	$833,500	121 ft
4820 BRYANT AVE S MINNEAPOLIS MN 55419	B J ROACH & S H ROACH	RESIDENTIAL	$783,200	135 ft
4816 BRYANT AVE S MINNEAPOLIS MN 55419	B T KINSTLER & L L KINSTLER	RESIDENTIAL	$672,000	147 ft
4826 BRYANT AVE S MINNEAPOLIS MN 55419	PAULA G RIVERS	RESIDENTIAL-TWO UNIT	$635,300	162 ft
4808 BRYANT AVE S MINNEAPOLIS MN 55419	JUDITH ANN FLEMING	RESIDENTIAL	$599,100	180 ft
4839 COLFAX AVE S MINNEAPOLIS MN 55419	M L FLING & M A G FLING	RESIDENTIAL	$720,100	180 ft
4805 COLFAX AVE S MINNEAPOLIS MN 55419	T A CARRENO & E H CARRENO	RESIDENTIAL	$781,000	190 ft

Property History

Most Recent Sale

Date201610

Price$535,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$12,440