4111 NICOLLET AVE MINNEAPOLIS MN 55409

PID: 1002824130002

Property Overview

Parcel ID1002824130002

Lot Size810,340 sq ft (18.603 ac)

Lot Dimensions (est.)671 ft wide × 1208 ft deep

Year Built1930

Property ClassCOMMERCIAL-PREFERRED

OwnerMPLS PARK BOARD

Assessed Value$0

Land Value$0

Building Value$0

Annual Tax$0

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

6 permits on record since 2001 · $1.9M total declared value · Most recent: Aug 2021 (commfdrr)

CommfdrrAug 2021Closed

$3K

Managed Services Inc

RemodelApr 2019Closed

$18K

SHEEHY CONSTRUCTION

RemodelAug 2018Closed

$35K

ryan dering%

Building Re-inspectionOct 2014

$1.3M

Building Re-inspectionAug 2002

$123K

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

Neighborhood Profile

King Field · Minneapolis

Median reported rent1,253/mo

Renter-occupied32.9%

Median home value$403K

Vacancy rate4.7%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 1099

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

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 width658 ft

Buildable depth1,168 ft

Area~752,438 sqft

Estimates based on typical zoning setbacks. Actual requirements may vary by lot, overlay, or conditional approval.

Development Feasibility

Land value unavailable — feasibility estimate requires an assessed land value to calculate total development cost.

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
4056 NICOLLET AVE MINNEAPOLIS MN 55409	ABIGAIL JENSEN/ANDREW BRANCH	RESIDENTIAL	$303,400	475 ft
4100 NICOLLET AVE MINNEAPOLIS MN 55409	RONALD CHRISTIANSEN	RESIDENTIAL-TWO UNIT	$449,800	476 ft
4050 NICOLLET AVE MINNEAPOLIS MN 55409	A C LUEDTKE & B C CAMERON	RESIDENTIAL-TWO UNIT	$362,200	482 ft
4106 NICOLLET AVE MINNEAPOLIS MN 55409	MADELINE STERL/JOE GAGLIANO	RESIDENTIAL	$351,500	485 ft
4046 NICOLLET AVE MINNEAPOLIS MN 55409	KATHRYN S LITCH	RESIDENTIAL	$213,900	491 ft
4110 NICOLLET AVE MINNEAPOLIS MN 55409	AILA O'LOUGHLIN	RESIDENTIAL	$329,300	497 ft
4042 NICOLLET AVE MINNEAPOLIS MN 55409	JOSEPH B MAJORS ETAL	RESIDENTIAL	$317,600	504 ft
4114 NICOLLET AVE MINNEAPOLIS MN 55409	TODD A BERG	RESIDENTIAL	$378,300	510 ft
4038 NICOLLET AVE MINNEAPOLIS MN 55409	PAULINE BRADFORD	RESIDENTIAL	$239,800	520 ft
4118 NICOLLET AVE MINNEAPOLIS MN 55409	W PORTER & W DITTMANN	RESIDENTIAL	$394,300	527 ft

Property History

Current Tax Year

Year2026

Tax Due$0