4226 PILLSBURY AVE MINNEAPOLIS MN 55409

PID: 1002824310055

Property Overview

Parcel ID1002824310055

Lot Size4,416 sq ft (0.101 ac)

Lot Dimensions (est.)126 ft wide × 35 ft deep

Year Built1908

Property ClassRESIDENTIAL

OwnerMICHAEL D & ANITA M LLOYD

Assessed Value$347,000

Land Value$156,000

Building Value$191,000

Annual Tax$5,157

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 2024 · $3K total declared value · Most recent: Sep 2024 (remodel)

RemodelSep 2024Inspection

$3K

Urban Concrete Works

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

Neighborhood Profile

King Field · Minneapolis

Median reported rent1,545/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

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 width25 ft

Buildable depth86 ft

Area~2,154 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 2,154 sqft buildable area.

Est. units

Yield on cost

1.5%

Spread

-4.0%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
4222 PILLSBURY AVE MINNEAPOLIS MN 55409	CLAIRE K SAND TRUST	RESIDENTIAL	$241,300	38 ft
4232 PILLSBURY AVE MINNEAPOLIS MN 55409	JOHN B KELLY IV & N A KELLY	APARTMENT	$789,500	47 ft
4218 PILLSBURY AVE MINNEAPOLIS MN 55409	SUSAN PRINCE	RESIDENTIAL	$363,900	77 ft
4236 PILLSBURY AVE MINNEAPOLIS MN 55409	MICHAEL KIEPE	CONDOMINIUM	$216,300	108 ft
4236 PILLSBURY AVE MINNEAPOLIS MN 55409	F P HENNESSY ET AL LIV TR	CONDOMINIUM	$216,300	108 ft
4236 PILLSBURY AVE MINNEAPOLIS MN 55409	CHRISTOPHER J DEFOE	CONDOMINIUM	$217,400	108 ft
4236 PILLSBURY AVE MINNEAPOLIS MN 55409	MICHAEL S THOMPSON	CONDOMINIUM	$217,400	108 ft
MN	Unknown	—	—	108 ft
4214 PILLSBURY AVE MINNEAPOLIS MN 55409	MARY K LOWEN	RESIDENTIAL	$450,300	117 ft
4227 PLEASANT AVE MINNEAPOLIS MN 55409	S THORNBURGH/B HOKANSON	RESIDENTIAL	$308,700	138 ft

Property History

Most Recent Sale

Date200007

Price$80,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$5,157