4516 33RD AVE S MINNEAPOLIS MN 55406

PID: 0702823330122

Property Overview

Parcel ID0702823330122

Lot Size5,660 sq ft (0.130 ac)

Lot Dimensions (est.)141 ft wide × 40 ft deep

Year Built1924

Property ClassRESIDENTIAL

OwnerMATTHEW DONALD & JILL CARUSO

Assessed Value$458,300

Land Value$148,000

Building Value$310,300

Annual Tax$6,994

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Development Opportunities

High-Frequency Transit (5-min walk)High

Within a 5-minute walk of a high-frequency LRT or BRT stop — a positive factor for density bonuses and Met Council Livable Communities grant scoring.

Metro Council — Livable Communities ↗

Potential programs

Met Council Livable Communities GrantMedium

Competitive grants for affordable housing and transit-oriented development near high-frequency transit; proximity to LRT/BRT is a key scoring factor.

Metro Council — Livable Communities ↗

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

Permit History

3 permits on record since 2012 · $66K total declared value · Most recent: Sep 2023 (misc)

MiscSep 2023Closed

$15K

A TO Z Construction Inc

ExistresJun 2020Closed

Radon Associates LLC

Building Re-inspectionDec 2012

$51K

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

Neighborhood Profile

Ericsson · Minneapolis

Median reported rent1,733/mo

Renter-occupied14.2%

Median home value$372K

Vacancy rate2.6%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 1111

Market Snapshot

Zip code 55406

Median sale price$340K+3.0% YoY

Median price / sqft$248/sqft

Median days to close21 days

Active listings39

Source: Redfin Data Center (Invalid Date) · Zip 55406

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 width30 ft

Buildable depth101 ft

Area~3,044 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 3,044 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
4512 33RD AVE S MINNEAPOLIS MN 55406	THERESE M CAIN	RESIDENTIAL	$345,400	40 ft
4520 33RD AVE S MINNEAPOLIS MN 55406	JOSEPH E ROEDL & FIONA ROEDL	RESIDENTIAL	$370,800	50 ft
4508 33RD AVE S MINNEAPOLIS MN 55406	E F & B E FORDE	RESIDENTIAL	$336,400	80 ft
4524 33RD AVE S MINNEAPOLIS MN 55406	BOYA XIONG & WEI WANG	RESIDENTIAL	$810,000	110 ft
4504 33RD AVE S MINNEAPOLIS MN 55406	TED L LINDBERG JR	RESIDENTIAL	$226,000	120 ft
4517 32ND AVE S MINNEAPOLIS MN 55406	E E YOUNG & M L YOUNG	RESIDENTIAL	$357,200	155 ft
4500 33RD AVE S MINNEAPOLIS MN 55406	ERIN L O'BRIEN	RESIDENTIAL	$357,300	160 ft
4532 33RD AVE S MINNEAPOLIS MN 55406	KRISTOPHER HOGENDORN	RESIDENTIAL	$325,000	160 ft
4515 32ND AVE S MINNEAPOLIS MN 55406	M L YOUNG & E E E YOUNG	RESIDENTIAL	$215,000	160 ft
4521 32ND AVE S MINNEAPOLIS MN 55406	KEVIN J & DANA STROTH	RESIDENTIAL	$322,400	161 ft

Property History

Most Recent Sale

Date201308

Price$334,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$6,994