5425 COLFAX AVE S MINNEAPOLIS MN 55419

PID: 2102824110033

Property Overview

Parcel ID2102824110033

Lot Size5,410 sq ft (0.124 ac)

Lot Dimensions (est.)129 ft wide × 42 ft deep

Year Built1941

Property ClassRESIDENTIAL

OwnerJ M MARKISON & C J MARKISON

Assessed Value$541,300

Land Value$189,000

Building Value$352,300

Annual Tax$8,492

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

7 permits on record since 2018 · $103K total declared value · Most recent: Sep 2023 (accessory)

AccessorySep 2023Final Inspection

$87K

FUSION HOME IMPROVEMENT

ResJun 2023Closed

CenterPoint Energy Resource Corp

MiscMay 2019Closed

$7K

RENEWAL BY ANDERSEN CORP

MiscMar 2019Closed

$3K

RITE-WAY WATERPROOFING

MiscAug 2018Closed

$1K

JACK PIXLEY CHIMNEY SWEEPS AND MASONRY

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

Neighborhood Profile

Kenny · 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 width32 ft

Buildable depth89 ft

Area~2,841 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 2,841 sqft buildable area.

Est. units

Yield on cost

2.3%

Spread

-3.2%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
5429 COLFAX AVE S MINNEAPOLIS MN 55419	J SLATON & O KOVALCHUK	RESIDENTIAL	$389,800	42 ft
5421 COLFAX AVE S MINNEAPOLIS MN 55419	RACHEL E FOX & TIMOTHY K FOX	RESIDENTIAL	$571,000	42 ft
5433 COLFAX AVE S MINNEAPOLIS MN 55419	COMMUNITY HOUSING RESOURCES	RESIDENTIAL	$0	84 ft
5417 COLFAX AVE S MINNEAPOLIS MN 55419	W D WRIGLEY/LINDSEY WRIGLEY	RESIDENTIAL	$503,700	84 ft
5437 COLFAX AVE S MINNEAPOLIS MN 55419	CHAD M OLSON & MAGEN E OLSON	RESIDENTIAL	$1,001,400	126 ft
5413 COLFAX AVE S MINNEAPOLIS MN 55419	R & L BARTH	RESIDENTIAL	$485,400	126 ft
5424 BRYANT AVE S MINNEAPOLIS MN 55419	J L BENNETT & D P BENNETT	RESIDENTIAL	$498,900	141 ft
5428 BRYANT AVE S MINNEAPOLIS MN 55419	A VALOIS & M ELINSON	RESIDENTIAL	$394,600	146 ft
5418 BRYANT AVE S MINNEAPOLIS MN 55419	S B MCGRATH & A J MCGRATH	RESIDENTIAL	$572,500	158 ft
5432 BRYANT AVE S MINNEAPOLIS MN 55419	RITA CLARE	RESIDENTIAL	$475,600	163 ft

Property History

Most Recent Sale

Date200612

Price$343,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$8,492