4848 NORTHROP DR MINNEAPOLIS MN 55406

PID: 0802823230022

Property Overview

Parcel ID0802823230022

Lot Size10,011 sq ft (0.230 ac)

Lot Dimensions (est.)133 ft wide × 75 ft deep

Year Built1963

Property ClassRESIDENTIAL

OwnerJ H LOESCH & K A O'BRIEN

Assessed Value$732,700

Land Value$449,000

Building Value$283,700

Annual Tax$12,631

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

2 permits on record since 2018 · Most recent: Mar 2023 (res)

ResMar 2023Closed

Kelly Plumbing and Heating Inc

ResApr 2018Closed

Nybo Peterson Plumbing Co Inc

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

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

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 width120 ft

Buildable depth35 ft

Area~4,562 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 4,562 sqft buildable area.

Est. units

Yield on cost

2.0%

Spread

-3.5%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
4006 LENA SMITH BLVD MINNEAPOLIS MN 55406	DAWN ANNETTE LOWE	RESIDENTIAL	$707,500	75 ft
4842 NORTHROP DR MINNEAPOLIS MN 55406	JON HAWKINSON/ANN HAWKINSON	RESIDENTIAL	$692,600	97 ft
4825 FOLWELL DR MINNEAPOLIS MN 55406	A EMANUELE & S C K EMANUELE	RESIDENTIAL	$777,900	151 ft
4817 FOLWELL DR MINNEAPOLIS MN 55406	ANSHAN ECKARD/ ROBERT ECKARD	RESIDENTIAL	$584,600	156 ft
4836 NORTHROP DR MINNEAPOLIS MN 55406	D B W JONES REVOCABLE TRUST	RESIDENTIAL	$777,000	163 ft
4100 LENA SMITH BLVD MINNEAPOLIS MN 55406	M E BOUCHARD & R F BOUCHARD	RESIDENTIAL	$721,700	166 ft
4835 NORTHROP DR MINNEAPOLIS MN 55406	MOLLY MAUREEN MURPHY	RESIDENTIAL	$740,600	172 ft
4811 FOLWELL DR MINNEAPOLIS MN 55406	S S UGARGOL KEEFE/ M J KEEFE	RESIDENTIAL	$575,300	177 ft
4807 FOLWELL DR MINNEAPOLIS MN 55406	PAULA R MARTY	RESIDENTIAL	$523,700	211 ft
4830 NORTHROP DR MINNEAPOLIS MN 55406	JOSEPH P LAMUSGA	RESIDENTIAL	$566,300	222 ft

Property History

Most Recent Sale

Date199401

Price$289,000

TypeOTHER – SEE CERTIFICATE OF REAL ESTATE VALUE (CRV)

Current Tax Year

Year2026

Tax Due$12,631