4247 PLEASANT AVE MINNEAPOLIS MN 55409

PID: 1002824310065

Property Overview

Parcel ID1002824310065

Lot Size5,075 sq ft (0.116 ac)

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

Year Built1960

Property ClassRESIDENTIAL-TWO UNIT

OwnerS KELKAR & P M KELKAR

Assessed Value$498,400

Land Value$172,000

Building Value$326,400

Annual Tax$9,737

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

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 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 sfr / adu benchmarks for 2,605 sqft buildable area.

Est. units

Yield on cost

2.6%

Spread

-2.9%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
4243 PLEASANT AVE MINNEAPOLIS MN 55409	KAY L MITCHELL REVOC TRUST	RESIDENTIAL	$323,800	40 ft
4255 PLEASANT AVE MINNEAPOLIS MN 55409	SAM M SELVAGGIO	RESIDENTIAL-TWO UNIT	$421,300	64 ft
214 43RD ST W MINNEAPOLIS MN 55409	SUSAN K SPONGBERG	RESIDENTIAL	$242,900	73 ft
4239 PLEASANT AVE MINNEAPOLIS MN 55409	R D ARNESON & L J ARNESON	RESIDENTIAL	$898,000	80 ft
210 43RD ST W MINNEAPOLIS MN 55409	EVELYN MCCHESNEY	RESIDENTIAL	$263,500	108 ft
4235 PLEASANT AVE MINNEAPOLIS MN 55409	M C MCINERNY/P MCINERNY	RESIDENTIAL-TWO UNIT	$484,900	120 ft
206 43RD ST W MINNEAPOLIS MN 55409	WALKER COLLISON	RESIDENTIAL	$289,000	136 ft
4248 PILLSBURY AVE MINNEAPOLIS MN 55409	COMMUNITY HOUSING RESOURCES	APARTMENT	$0	138 ft
4242 PILLSBURY AVE MINNEAPOLIS MN 55409	ANDREA THONE & KYLE LYSFORD	RESIDENTIAL	$309,800	145 ft
4231 PLEASANT AVE MINNEAPOLIS MN 55409	4231 PLEASANT LLC	RESIDENTIAL-TWO UNIT	$506,600	160 ft

Property History

Most Recent Sale

Date201607

Price$321,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$9,737