4235 BLAISDELL AVE MINNEAPOLIS MN 55409

PID: 1002824310103

Property Overview

Parcel ID1002824310103

Lot Size5,074 sq ft (0.116 ac)

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

Year Built1904

Property ClassRESIDENTIAL

OwnerS BOHLKEN & A BOHLKEN

Assessed Value$350,300

Land Value$169,000

Building Value$181,300

Annual Tax$5,212

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 2017 · $24K total declared value · Most recent: Oct 2021 (misc)

MiscOct 2021Closed

$24K

LIBERTE CONSTRUCTION LLC

ExistresMay 2017Closed

CENTERPOINT ENERGY

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

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
4239 BLAISDELL AVE MINNEAPOLIS MN 55409	CHRISTINE GAULT	RESIDENTIAL	$343,200	40 ft
4231 BLAISDELL AVE MINNEAPOLIS MN 55409	REVIVAL PROPERTIES LLC	RESIDENTIAL	$434,500	40 ft
4227 BLAISDELL AVE MINNEAPOLIS MN 55409	A A FLAK & A D MICHEL	RESIDENTIAL	$446,200	77 ft
4243 BLAISDELL AVE MINNEAPOLIS MN 55409	T QUINLAN & J SCHLIES	RESIDENTIAL	$571,100	80 ft
4223 BLAISDELL AVE MINNEAPOLIS MN 55409	DYLAN BOERBOOM	RESIDENTIAL	$368,200	115 ft
4247 BLAISDELL AVE MINNEAPOLIS MN 55409	O YOUNG & A NYSTEDT	RESIDENTIAL	$461,300	120 ft
4234 NICOLLET AVE MINNEAPOLIS MN 55409	CABLE HOLDCO II INC	COMMERCIAL-PREFERRED	$372,000	138 ft
4238 NICOLLET AVE MINNEAPOLIS MN 55409	BARBER PROPERTIES LLC	COMMERCIAL-PREFERRED	$821,000	150 ft
4219 BLAISDELL AVE MINNEAPOLIS MN 55409	ANN DABRUZZI/ROBERTA J JONES	RESIDENTIAL	$407,600	155 ft
4220 NICOLLET AVE MINNEAPOLIS MN 55409	NIC 42 LLC	APARTMENT	$8,962,800	159 ft

Property History

Most Recent Sale

Date201902

Price$335,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$5,212