4123 BLAISDELL AVE MINNEAPOLIS MN 55409

PID: 1002824240230

Property Overview

Parcel ID1002824240230

Lot Size6,634 sq ft (0.152 ac)

Lot Dimensions (est.)133 ft wide × 50 ft deep

Year Built1909

Property ClassRESIDENTIAL

OwnerSANDRA K FRIDOLFSON

Assessed Value$408,000

Land Value$175,000

Building Value$233,000

Annual Tax$6,178

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

No permits found in Minneapolis open data for this parcel.

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 width40 ft

Buildable depth93 ft

Area~3,706 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 3,706 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
4129 BLAISDELL AVE MINNEAPOLIS MN 55409	ASHLEY M MULLIKIN	RESIDENTIAL	$507,600	45 ft
4119 BLAISDELL AVE MINNEAPOLIS MN 55409	KAREN E LUNDIN PIEPER	RESIDENTIAL	$372,100	45 ft
4115 BLAISDELL AVE MINNEAPOLIS MN 55409	P OVBIEBO & J M OVBIEBO	RESIDENTIAL	$565,200	85 ft
4133 BLAISDELL AVE MINNEAPOLIS MN 55409	ALFRED D BARKSDALE & WIFE	RESIDENTIAL	$446,000	90 ft
4122 NICOLLET AVE MINNEAPOLIS MN 55409	J NEVEAUX & J SAMUELS	RESIDENTIAL	$411,600	132 ft
4126 NICOLLET AVE MINNEAPOLIS MN 55409	KAREN BRUCE	RESIDENTIAL	$354,500	136 ft
4118 NICOLLET AVE MINNEAPOLIS MN 55409	W PORTER & W DITTMANN	RESIDENTIAL	$394,300	140 ft
4139 BLAISDELL AVE MINNEAPOLIS MN 55409	R C SANDVIG & B P SANDVIG	RESIDENTIAL	$397,000	145 ft
4111 BLAISDELL AVE MINNEAPOLIS MN 55409	KATHLEEN R HILL	VACANT LAND-RESIDENTIAL	$209,000	145 ft
4130 NICOLLET AVE MINNEAPOLIS MN 55409	MARY ANN MULLENBACH	RESIDENTIAL	$264,100	151 ft

Property History

Current Tax Year

Year2026

Tax Due$6,178