5115 COLFAX AVE S MINNEAPOLIS MN 55419

PID: 1602824410141

Property Overview

Parcel ID1602824410141

Lot Size6,413 sq ft (0.147 ac)

Lot Dimensions (est.)128 ft wide × 50 ft deep

Year Built1917

Property ClassRESIDENTIAL

OwnerDEBORAH J KAVANEY TRUST

Assessed Value$734,800

Land Value$312,000

Building Value$422,800

Annual Tax$12,153

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

6 permits on record since 2017 · Most recent: Jul 2024 (res)

ResJul 2024Closed

CenterPoint Energy Resource Corp

ResJul 2022Closed

Farr Plumbing and Heating LLC

ResDec 2021Closed

Warners Stellian Co Inc

ExistresOct 2021Closed

BONFES PLUMBING HEATING AND AIR SERVICE INC

ResApr 2020Closed

Center Point Plumbing LLC

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

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 width40 ft

Buildable depth88 ft

Area~3,529 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 3,529 sqft buildable area.

Est. units

Yield on cost

1.8%

Spread

-3.7%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
5117 COLFAX AVE S MINNEAPOLIS MN 55419	L WRIGHTWOOD & O WRIGHTWOOD	RESIDENTIAL	$820,000	50 ft
5109 COLFAX AVE S MINNEAPOLIS MN 55419	DAVID R KROOS REVOCABLE TR	RESIDENTIAL	$705,200	50 ft
5121 COLFAX AVE S MINNEAPOLIS MN 55419	E A MOENING & M E WOOD	RESIDENTIAL	$817,000	100 ft
5105 COLFAX AVE S MINNEAPOLIS MN 55419	M WIERSGALLA & J EVANS	RESIDENTIAL	$862,000	100 ft
5112 BRYANT AVE S MINNEAPOLIS MN 55419	P G STEEGE & J A STEEGE	RESIDENTIAL	$789,800	142 ft
5108 BRYANT AVE S MINNEAPOLIS MN 55419	J A RUBENSTEIN TRUST ET AL	RESIDENTIAL	$881,400	150 ft
5125 COLFAX AVE S MINNEAPOLIS MN 55419	H W ORTEGA & M A ORTEGA	RESIDENTIAL	$748,000	150 ft
5103 COLFAX AVE S MINNEAPOLIS MN 55419	J LIPINSKY & C LIPINSKY	RESIDENTIAL	$833,900	150 ft
5116 BRYANT AVE S MINNEAPOLIS MN 55419	T E DAHL & D L DAHL	RESIDENTIAL	$694,500	151 ft
5120 BRYANT AVE S MINNEAPOLIS MN 55419	MARAYA BITNEY & JOEL BITNEY	RESIDENTIAL	$679,600	173 ft

Property History

Current Tax Year

Year2026

Tax Due$12,153