4552 44TH AVE S MINNEAPOLIS MN 55406

PID: 0702823440194

Property Overview

Parcel ID0702823440194

Lot Size5,126 sq ft (0.118 ac)

Lot Dimensions (est.)128 ft wide × 40 ft deep

Year Built1940

Property ClassRESIDENTIAL

OwnerJUDITH A ALME REVOC TRUST

Assessed Value$321,000

Land Value$162,000

Building Value$159,000

Annual Tax$4,703

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Development Opportunities

Goods and Services CorridorHigh

On a Minneapolis 2040 Goods and Services Corridor — zoning supports commercial and light industrial uses.

Minneapolis Great Streets ↗

Potential programs

Great Streets Façade Improvement ProgramMedium

Matching grants for exterior improvements to commercial buildings on eligible corridors; contact CPED for current availability.

Minneapolis — Facade Improvement Matching Grant ↗

Environmental Response FundMedium

Grants and loans for contamination assessment and cleanup on eligible redevelopment sites; does not indicate known contamination.

Minneapolis — Brownfield Grants ↗

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

Permit History

No permits found in Minneapolis open data for this parcel.

Neighborhood Profile

Hiawatha · Minneapolis

Median reported rent1,554/mo

Renter-occupied38.8%

Median home value$306K

Vacancy rate5.9%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 1105

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

UN3Urban Neighborhood 3

Urban Neighborhood 3 — medium-density residential

Typical Uses

·Apartment buildings
·Mixed-use with neighborhood retail

Max Height50 ft

Development Potential

Setbacks

Front20 ft

Side (each)5 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width30 ft

Buildable depth88 ft

Area~2,644 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 small multifamily (2–4 units, wood frame) benchmarks for 2,644 sqft buildable area.

Est. units

Yield on cost

3.3%

Spread

-2.2%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
4548 44TH AVE S MINNEAPOLIS MN 55406	J G GRAFF & J E GRAFF	RESIDENTIAL	$429,700	40 ft
4556 44TH AVE S MINNEAPOLIS MN 55406	STEVEN V & TAMRA S FOSTER	RESIDENTIAL	$256,000	40 ft
4544 44TH AVE S MINNEAPOLIS MN 55406	SARAH CREAN & WILLIAM CREAN	RESIDENTIAL	$348,000	80 ft
4540 44TH AVE S MINNEAPOLIS MN 55406	JEFFREY GURAL/SUZANNE GURAL	RESIDENTIAL	$437,400	120 ft
4553 43RD AVE S MINNEAPOLIS MN 55406	ERIC R VAN WYK	RESIDENTIAL	$359,000	142 ft
4557 43RD AVE S MINNEAPOLIS MN 55406	GRETA S HAUGLAND	RESIDENTIAL	$298,000	147 ft
4549 43RD AVE S MINNEAPOLIS MN 55406	C M HOFFMAN & G S HOFFMAN	RESIDENTIAL	$514,600	147 ft
4536 44TH AVE S MINNEAPOLIS MN 55406	TIMOTHY BECKER	RESIDENTIAL	$295,600	160 ft
4545 43RD AVE S MINNEAPOLIS MN 55406	DANIEL J & DEBORAH A ROBIN	RESIDENTIAL	$365,900	162 ft
4600 44TH AVE S MINNEAPOLIS MN 55406	MICHAEL JOHNSON	RESIDENTIAL	$433,200	180 ft

Property History

Most Recent Sale

Date201008

Price$142,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$4,703