4529 32ND AVE S MINNEAPOLIS MN 55406

PID: 0702823330139

Property Overview

Parcel ID0702823330139

Lot Size5,660 sq ft (0.130 ac)

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

Year Built1928

Property ClassRESIDENTIAL

OwnerKELLY MARIE USITALO

Assessed Value$242,700

Land Value$148,000

Building Value$94,700

Annual Tax$3,397

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

No permits found in Minneapolis open data for this parcel.

Neighborhood Profile

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
4533 32ND AVE S MINNEAPOLIS MN 55406	N MILLER & G SAUNDERS	RESIDENTIAL	$344,900	40 ft
4525 32ND AVE S MINNEAPOLIS MN 55406	CHRISTOPHER WILLIAM COOPER	RESIDENTIAL	$406,600	40 ft
4537 32ND AVE S MINNEAPOLIS MN 55406	J F HUTMACHER/J C HUTMACHER	RESIDENTIAL	$452,900	80 ft
4521 32ND AVE S MINNEAPOLIS MN 55406	KEVIN J & DANA STROTH	RESIDENTIAL	$322,400	80 ft
4541 32ND AVE S MINNEAPOLIS MN 55406	TAMALA N HAGEN	RESIDENTIAL	$329,900	120 ft
4517 32ND AVE S MINNEAPOLIS MN 55406	E E YOUNG & M L YOUNG	RESIDENTIAL	$357,200	120 ft
4524 33RD AVE S MINNEAPOLIS MN 55406	BOYA XIONG & WEI WANG	RESIDENTIAL	$810,000	155 ft
4532 33RD AVE S MINNEAPOLIS MN 55406	KRISTOPHER HOGENDORN	RESIDENTIAL	$325,000	159 ft
4545 32ND AVE S MINNEAPOLIS MN 55406	B MANNING & J MANNING	RESIDENTIAL	$311,300	160 ft
4515 32ND AVE S MINNEAPOLIS MN 55406	M L YOUNG & E E E YOUNG	RESIDENTIAL	$215,000	160 ft

Property History

Most Recent Sale

Date201907

Price$235,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$3,397