4019 BLAISDELL AVE MINNEAPOLIS MN 55409

PID: 1002824240025

Property Overview

Parcel ID1002824240025

Lot Size10,621 sq ft (0.244 ac)

Lot Dimensions (est.)133 ft wide × 80 ft deep

Year Built1911

Property ClassRESIDENTIAL

OwnerA C RADER & C RADER

Assessed Value$510,000

Land Value$213,000

Building Value$297,000

Annual Tax$7,919

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

1 permit on record since 2019 · Most recent: Jun 2019 (existres)

ExistresJun 2019Closed

Midland HVAC LLC

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

UN2Urban Neighborhood 2

Urban Neighborhood 2 — moderate-density residential

Typical Uses

·Duplexes
·Triplexes
·Small apartment buildings (≤4 units)

Max Height35 ft

Development Potential

Setbacks

Front20 ft

Side (each)5 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width70 ft

Buildable depth93 ft

Area~6,491 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 6,491 sqft buildable area.

Est. units

Yield on cost

4.0%

Spread

-1.5%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
4023 BLAISDELL AVE MINNEAPOLIS MN 55409	K FORDHAM & C GALLAGHER	RESIDENTIAL	$382,900	60 ft
4011 BLAISDELL AVE MINNEAPOLIS MN 55409	NANCY GALAS	RESIDENTIAL	$351,900	60 ft
4027 BLAISDELL AVE MINNEAPOLIS MN 55409	B MCMULLAN & C VALENTINO	RESIDENTIAL	$327,000	100 ft
4007 BLAISDELL AVE MINNEAPOLIS MN 55409	E DRELLING & M DRELLING	RESIDENTIAL	$370,000	100 ft
4018 NICOLLET AVE MINNEAPOLIS MN 55409	J T FRIES & L M FRIES	RESIDENTIAL	$311,100	133 ft
4014 NICOLLET AVE MINNEAPOLIS MN 55409	BRIAN COLE/AMANDA RICHARDSON	RESIDENTIAL	$298,100	134 ft
4029 BLAISDELL AVE MINNEAPOLIS MN 55409	IAN IHDE & JAMEY IHDE	RESIDENTIAL-TWO UNIT	$505,600	140 ft
4003 BLAISDELL AVE MINNEAPOLIS MN 55409	N RAYMOND & A FINCH	RESIDENTIAL	$411,100	140 ft
4022 NICOLLET AVE MINNEAPOLIS MN 55409	S F KENNEDY & A T URQUHART	RESIDENTIAL	$312,100	145 ft
4010 NICOLLET AVE MINNEAPOLIS MN 55409	JEFFREY BORDENKECHER	RESIDENTIAL	$253,900	146 ft

Property History

Most Recent Sale

Date202211

Price$578,500

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$7,919