4051 SHERIDAN AVE S MINNEAPOLIS MN 55410

PID: 0802824140078

Property Overview

Parcel ID0802824140078

Lot Size8,922 sq ft (0.205 ac)

Lot Dimensions (est.)176 ft wide × 51 ft deep

Year Built1905

Property ClassRESIDENTIAL

OwnerP ETER J GEORGAS/M G GEORGAS

Assessed Value$728,600

Land Value$427,000

Building Value$301,600

Annual Tax$12,036

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

3 permits on record since 2021 · $5K total declared value · Most recent: Oct 2022 (res)

ResOct 2022Expired

Glowing Hearth & Home LLC

RemodelJun 2022Closed

$5K

EGRESS WINDOW GUY

ResAug 2021Closed

FFM LLC

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

Neighborhood Profile

Linden Hills · Minneapolis

Median reported rent1,434/mo

Renter-occupied58.4%

Median home value$420K

Vacancy rate3.0%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 1091

Market Snapshot

Zip code 55410

Median sale price$626K+10.3% YoY

Median price / sqft$312/sqft

Median days to close30 days

Active listings56

Source: Redfin Data Center (Invalid Date) · Zip 55410

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 width42 ft

Buildable depth132 ft

Area~5,521 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 3-story wood frame (5–12 units) benchmarks for 5,521 sqft buildable area.

Est. units

Yield on cost

3.9%

Spread

-1.6%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
4047 SHERIDAN AVE S MINNEAPOLIS MN 55410	R & J YUND	RESIDENTIAL	$390,000	51 ft
4101 SHERIDAN AVE S MINNEAPOLIS MN 55410	SADIE STRUSS & DANIEL GIBSON	RESIDENTIAL	$919,200	53 ft
4043 SHERIDAN AVE S MINNEAPOLIS MN 55410	DAVID NELSON & EMILY NELSON	RESIDENTIAL	$833,700	101 ft
4105 SHERIDAN AVE S MINNEAPOLIS MN 55410	C J HIGGINS WHITESIDE ET AL	RESIDENTIAL	$951,600	107 ft
4039 SHERIDAN AVE S MINNEAPOLIS MN 55410	REGINA A GLEASON TRUST	RESIDENTIAL-TWO UNIT	$804,000	151 ft
4109 SHERIDAN AVE S MINNEAPOLIS MN 55410	SHERIDAN 4109 LLC	VACANT LAND-RESIDENTIAL	$430,000	160 ft
4050 LINDEN HILLS BLVD MINNEAPOLIS MN 55410	CRESSIDA TRUST	RESIDENTIAL	$994,800	172 ft
4046 LINDEN HILLS BLVD MINNEAPOLIS MN 55410	R K & L K WIARD-BAUER	RESIDENTIAL	$838,000	173 ft
4102 LINDEN HILLS BLVD MINNEAPOLIS MN 55410	E GRIMM & C VAN WINKLE	RESIDENTIAL	$1,842,800	187 ft
4042 LINDEN HILLS BLVD MINNEAPOLIS MN 55410	N A CONNELLY & B M CONNELLY	RESIDENTIAL	$1,160,400	195 ft

Property History

Most Recent Sale

Date198505

Price$135,000

TypeOTHER – SEE CERTIFICATE OF REAL ESTATE VALUE (CRV)

Current Tax Year

Year2026

Tax Due$12,036