4100 THOMAS AVE N MINNEAPOLIS MN 55412

PID: 0502924140097

Property Overview

Parcel ID0502924140097

Lot Size9,871 sq ft (0.227 ac)

Lot Dimensions (est.)124 ft wide × 79 ft deep

Year Built1968

Property ClassAPARTMENT

OwnerLADY LIBERTY RENTALS LLC

Assessed Value$894,000

Land Value$81,000

Building Value$813,000

Annual Tax$16,820

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Development Opportunities

Potentially 4d-Eligible PropertyMedium

Property type suggests multifamily rental use — may qualify for the Minneapolis 4d program, which reduces property taxes to ~0.25% in exchange for affordability commitments. Requires 3+ units and a current rental license.

Minneapolis — 4d Affordable Housing Incentive ↗

Signals are based on public datasets; program eligibility requires verification.

Permit History

No permits found in Minneapolis open data for this parcel.

Neighborhood Profile

Victory · Minneapolis

Median reported rent1,398/mo

Renter-occupied17.2%

Median home value$256K

Vacancy rate3.9%

ACS rents reflect current tenant leases and may differ from new market rents.

Source: 2022 ACS 5-Year Estimates · Census Tract 3

Market Snapshot

Zip code 55412

Median sale price$247K+2.1% YoY

Median price / sqft$181/sqft

Median days to close30 days

Active listings80

Source: Redfin Data Center (Invalid Date) · Zip 55412

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 width111 ft

Buildable depth39 ft

Area~5,584 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 5,584 sqft buildable area.

Est. units

Yield on cost

2.9%

Spread

-2.6%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
4110 THOMAS AVE N MINNEAPOLIS MN 55412	ASHLEY MARTIN	RESIDENTIAL	$206,700	60 ft
4114 THOMAS AVE N MINNEAPOLIS MN 55412	WILLIAM W PIRSIG	RESIDENTIAL	$138,700	100 ft
4058 THOMAS AVE N MINNEAPOLIS MN 55412	RENEE R KLICK	RESIDENTIAL	$226,100	118 ft
4118 THOMAS AVE N MINNEAPOLIS MN 55412	C T SINGEWALD & A L SMITH	RESIDENTIAL	$192,100	140 ft
4107 SHERIDAN AVE N MINNEAPOLIS MN 55412	D & T PROPERTIES LLC	RESIDENTIAL	$219,800	141 ft
4101 SHERIDAN AVE N MINNEAPOLIS MN 55412	NAME UNAVAILABLE	RESIDENTIAL	$237,000	142 ft
4111 SHERIDAN AVE N MINNEAPOLIS MN 55412	SARAH DIRKS	RESIDENTIAL	$230,800	151 ft
4052 THOMAS AVE N MINNEAPOLIS MN 55412	ROCHELLE PACKARD	TRIPLEX	$364,400	156 ft
4115 SHERIDAN AVE N MINNEAPOLIS MN 55412	THOMAS ARGO & MADELYN ARGO	RESIDENTIAL	$261,500	171 ft
4122 THOMAS AVE N MINNEAPOLIS MN 55412	JEANNE CAROL FRANK	RESIDENTIAL	$292,000	180 ft

Property History

Most Recent Sale

Date200509

Price$652,500

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$16,820