4207 BLAISDELL AVE MINNEAPOLIS MN 55409

PID: 1002824310012

Property Overview

Parcel ID1002824310012

Lot Size5,074 sq ft (0.116 ac)

Lot Dimensions (est.)127 ft wide × 40 ft deep

Year Built1912

Property ClassRESIDENTIAL

OwnerSAMUEL PEPE & MELISSA LO

Assessed Value$354,500

Land Value$172,000

Building Value$182,500

Annual Tax$5,283

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 rent1,545/mo

Renter-occupied24.2%

Median home value$360K

Vacancy rate1.5%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 1108

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 width30 ft

Buildable depth87 ft

Area~2,605 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 2,605 sqft buildable area.

Est. units

Yield on cost

3.4%

Spread

-2.1%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
4211 BLAISDELL AVE MINNEAPOLIS MN 55409	E C JENSEN & J C HOEKSTRA	RESIDENTIAL	$341,800	40 ft
4203 BLAISDELL AVE MINNEAPOLIS MN 55409	V B SEMENOVA & K I DAVIS III	RESIDENTIAL	$377,500	40 ft
4201 BLAISDELL AVE MINNEAPOLIS MN 55409	JESSICA L GARNER	RESIDENTIAL	$348,900	77 ft
4215 BLAISDELL AVE MINNEAPOLIS MN 55409	C ZENK-TILLS & D ZENK-TILLS	RESIDENTIAL	$352,100	80 ft
4219 BLAISDELL AVE MINNEAPOLIS MN 55409	ANN DABRUZZI/ROBERTA J JONES	RESIDENTIAL	$407,600	120 ft
4206 NICOLLET AVE MINNEAPOLIS MN 55409	W A FOLK & A S PENNINGTON	RESIDENTIAL-TWO UNIT	$341,700	138 ft
4210 NICOLLET AVE MINNEAPOLIS MN 55409	W A FOLK & A S PENNINGTON	RESIDENTIAL-TWO UNIT	$318,400	143 ft
4202 NICOLLET AVE MINNEAPOLIS MN 55409	R BIRNELL & J BIRNELL	RESIDENTIAL	$264,100	144 ft
4200 NICOLLET AVE MINNEAPOLIS MN 55409	D R NOVAK & R NOVAK	RESIDENTIAL	$313,300	159 ft
4214 NICOLLET AVE MINNEAPOLIS MN 55409	NEW 42 LLC	VACANT LAND-RESIDENTIAL	$98,000	159 ft

Property History

Most Recent Sale

Date201904

Price$338,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$5,283