4255 PLEASANT AVE MINNEAPOLIS MN 55409

PID: 1002824310063

Property Overview

Parcel ID1002824310063

Lot Size6,789 sq ft (0.156 ac)

Lot Dimensions (est.)85 ft wide × 80 ft deep

Year Built1905

Property ClassRESIDENTIAL-TWO UNIT

OwnerSAM M SELVAGGIO

Assessed Value$421,300

Land Value$195,000

Building Value$226,300

Annual Tax$6,401

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

2 permits on record since 2018 · $4K total declared value · Most recent: Feb 2020 (res)

ResFeb 2020Closed

CenterPoint Energy Resource Corp

MiscMay 2018Closed

$4K

ALL ELEMENTS INC

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

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 width72 ft

Buildable depth40 ft

Area~1,787 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 1,787 sqft buildable area.

Est. units

Yield on cost

1.6%

Spread

-3.9%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
214 43RD ST W MINNEAPOLIS MN 55409	SUSAN K SPONGBERG	RESIDENTIAL	$242,900	63 ft
4247 PLEASANT AVE MINNEAPOLIS MN 55409	S KELKAR & P M KELKAR	RESIDENTIAL-TWO UNIT	$498,400	64 ft
4243 PLEASANT AVE MINNEAPOLIS MN 55409	KAY L MITCHELL REVOC TRUST	RESIDENTIAL	$323,800	102 ft
210 43RD ST W MINNEAPOLIS MN 55409	EVELYN MCCHESNEY	RESIDENTIAL	$263,500	112 ft
4301 PLEASANT AVE MINNEAPOLIS MN 55409	J V MCKEE & S C REKOW	RESIDENTIAL	$336,500	138 ft
4239 PLEASANT AVE MINNEAPOLIS MN 55409	R D ARNESON & L J ARNESON	RESIDENTIAL	$898,000	142 ft
206 43RD ST W MINNEAPOLIS MN 55409	WALKER COLLISON	RESIDENTIAL	$289,000	144 ft
215 43RD ST W MINNEAPOLIS MN 55409	MARTA KNUTSON	RESIDENTIAL	$208,900	151 ft
4248 PILLSBURY AVE MINNEAPOLIS MN 55409	COMMUNITY HOUSING RESOURCES	APARTMENT	$0	171 ft
4235 PLEASANT AVE MINNEAPOLIS MN 55409	M C MCINERNY/P MCINERNY	RESIDENTIAL-TWO UNIT	$484,900	182 ft

Property History

Most Recent Sale

Date200810

Price$270,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$6,401