4509 32ND AVE S MINNEAPOLIS MN 55406

PID: 0702823330144

Property Overview

Parcel ID0702823330144

Lot Size5,660 sq ft (0.130 ac)

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

Year Built1910

Property ClassRESIDENTIAL

OwnerCOLEMAN MEYERSON

Assessed Value$310,300

Land Value$148,000

Building Value$162,300

Annual Tax$4,525

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

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
4515 32ND AVE S MINNEAPOLIS MN 55406	M L YOUNG & E E E YOUNG	RESIDENTIAL	$215,000	40 ft
3201 45TH ST E MINNEAPOLIS MN 55406	KATIE D & MAX R LINDORFER	RESIDENTIAL	$302,900	69 ft
3211 45TH ST E MINNEAPOLIS MN 55406	BARBARA J MARKUS	RESIDENTIAL	$304,700	70 ft
4517 32ND AVE S MINNEAPOLIS MN 55406	E E YOUNG & M L YOUNG	RESIDENTIAL	$357,200	80 ft
4521 32ND AVE S MINNEAPOLIS MN 55406	KEVIN J & DANA STROTH	RESIDENTIAL	$322,400	120 ft
4508 33RD AVE S MINNEAPOLIS MN 55406	E F & B E FORDE	RESIDENTIAL	$336,400	155 ft
4512 33RD AVE S MINNEAPOLIS MN 55406	THERESE M CAIN	RESIDENTIAL	$345,400	160 ft
4525 32ND AVE S MINNEAPOLIS MN 55406	CHRISTOPHER WILLIAM COOPER	RESIDENTIAL	$406,600	160 ft
4504 33RD AVE S MINNEAPOLIS MN 55406	TED L LINDBERG JR	RESIDENTIAL	$226,000	161 ft
4516 33RD AVE S MINNEAPOLIS MN 55406	MATTHEW DONALD & JILL CARUSO	RESIDENTIAL	$458,300	174 ft

Property History

Most Recent Sale

Date202008

Price$273,500

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$4,525