5401 COLFAX AVE S MINNEAPOLIS MN 55419

PID: 2102824110039

Property Overview

Parcel ID2102824110039

Lot Size6,017 sq ft (0.138 ac)

Lot Dimensions (est.)129 ft wide × 47 ft deep

Year Built1949

Property ClassRESIDENTIAL

OwnerMICHELLE F MORAN

Assessed Value$348,700

Land Value$174,000

Building Value$174,700

Annual Tax$5,484

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

2 permits on record since 2017 · $3K total declared value · Most recent: Nov 2020 (misc)

MiscNov 2020Closed

$3K

CRAFTSMEN HOME IMPROVEMENT INC

ResJan 2017Closed

CENTERPOINT ENERGY

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

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 width116 ft

Buildable depth7 ft

Area~2,994 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 2,994 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
5405 COLFAX AVE S MINNEAPOLIS MN 55419	RICHARD E SCHERER	RESIDENTIAL	$392,800	45 ft
5409 COLFAX AVE S MINNEAPOLIS MN 55419	DN13 LLC	RESIDENTIAL	$358,000	86 ft
5345 COLFAX AVE S MINNEAPOLIS MN 55419	SHAUN D SAVA/THU TRAM NGUYEN	RESIDENTIAL	$690,700	115 ft
5413 COLFAX AVE S MINNEAPOLIS MN 55419	R & L BARTH	RESIDENTIAL	$485,400	128 ft
5400 BRYANT AVE S MINNEAPOLIS MN 55419	A J ARONSON KEMP	RESIDENTIAL	$364,100	140 ft
5404 BRYANT AVE S MINNEAPOLIS MN 55419	TERRANCE HENDRICKSON JR ETAL	RESIDENTIAL	$489,800	147 ft
5341 COLFAX AVE S MINNEAPOLIS MN 55419	MARK K NOLAN & J LEE NOLAN	RESIDENTIAL	$606,000	165 ft
5408 BRYANT AVE S MINNEAPOLIS MN 55419	J D LEISTIKOW & R LEISTIKOW	RESIDENTIAL	$911,000	165 ft
5417 COLFAX AVE S MINNEAPOLIS MN 55419	W D WRIGLEY/LINDSEY WRIGLEY	RESIDENTIAL	$503,700	170 ft
5344 BRYANT AVE S MINNEAPOLIS MN 55419	A J CROWDER & C A DIEGEL	RESIDENTIAL	$572,800	181 ft

Property History

Most Recent Sale

Date200208

Price$199,900

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$5,484