4224 FREMONT AVE S MINNEAPOLIS MN 55409

PID: 0902824420017

Property Overview

Parcel ID0902824420017

Lot Size14,961 sq ft (0.343 ac)

Lot Dimensions (est.)162 ft wide × 92 ft deep

Year Built1906

Property ClassRESIDENTIAL

OwnerS KEINATH/M WATERMAN-KEINATH

Assessed Value$3,142,000

Land Value$651,000

Building Value$2,491,000

Annual Tax$57,690

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

3 permits on record since 2001 · $70K total declared value · Most recent: Feb 2019 (res)

ResFeb 2019Closed

Select Mechanical Services Inc

ExistresFeb 2019Closed

Select Mechanical Services Inc

Building Re-inspectionJun 2001

$70K

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

Neighborhood Profile

East Harriet · Minneapolis

Median reported rent1,676/mo

Renter-occupied16.2%

Median home value$633K

Vacancy rate4.8%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 107

Market Snapshot

Zip code 55409

Median sale price$379K-21.6% YoY

Median price / sqft$218/sqft

Median days to close56 days

Active listings21

Source: Redfin Data Center (Invalid Date) · Zip 55409

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 width90 ft

Buildable depth110 ft

Area~9,846 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 9,846 sqft buildable area.

Est. units

Yield on cost

2.7%

Spread

-2.8%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
4232 FREMONT AVE S MINNEAPOLIS MN 55409	J BOUCHER & E BOUCHER	RESIDENTIAL	$1,548,000	100 ft
4218 FREMONT AVE S MINNEAPOLIS MN 55409	MICHELLE A GILL MURRAY TRUST	RESIDENTIAL	$2,762,000	101 ft
4235 E LAKE HARRIET PKWY MINNEAPOLIS MN 55409	N J PUZAK & G A R PUZAK	RESIDENTIAL	$1,583,000	164 ft
4225 E LAKE HARRIET PKWY MINNEAPOLIS MN 55409	K COVART & B COVART FAM TR	RESIDENTIAL	$1,500,400	167 ft
4244 FREMONT AVE S MINNEAPOLIS MN 55409	M J ASIS & E Z GREY	RESIDENTIAL	$2,032,000	200 ft
4210 FREMONT AVE S MINNEAPOLIS MN 55409	CHRISTOPHER D KROMM REV TR	RESIDENTIAL	$1,679,900	201 ft
4225 FREMONT AVE S MINNEAPOLIS MN 55409	D MANCHON & M T MANCHON	RESIDENTIAL	$1,891,800	206 ft
4221 E LAKE HARRIET PKWY MINNEAPOLIS MN 55409	P J SMITH & C P SMITH	RESIDENTIAL	$1,758,200	206 ft
4241 E LAKE HARRIET PKWY MINNEAPOLIS MN 55409	GEORGE W SOULE	RESIDENTIAL	$1,754,600	209 ft
4235 FREMONT AVE S MINNEAPOLIS MN 55409	MUNEET BAKSHI & DIPI SHARMA	RESIDENTIAL	$1,243,000	225 ft

Property History

Most Recent Sale

Date201108

Price$2,109,000

TypeOTHER – SEE CERTIFICATE OF REAL ESTATE VALUE (CRV)

Current Tax Year

Year2026

Tax Due$57,690