4319 BLAISDELL AVE MINNEAPOLIS MN 55409

PID: 1002824310110

Property Overview

Parcel ID1002824310110

Lot Size5,078 sq ft (0.117 ac)

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

Year Built1914

Property ClassRESIDENTIAL

OwnerFRANCES M WISE

Assessed Value$363,700

Land Value$169,000

Building Value$194,700

Annual Tax$5,437

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 2012 · $70K total declared value · Most recent: Jun 2023 (misc)

MiscJun 2023Closed

$10K

Precision Exteriors Restoration LLC

Building Re-inspectionSep 2012

$60K

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~2,608 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 2,608 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
4323 BLAISDELL AVE MINNEAPOLIS MN 55409	PAUL A SCHROEDER	RESIDENTIAL	$372,700	40 ft
4315 BLAISDELL AVE MINNEAPOLIS MN 55409	JARON BALGAARD/LISA BAUMERT	RESIDENTIAL	$318,600	40 ft
4327 BLAISDELL AVE MINNEAPOLIS MN 55409	JAQUELINE HAGER	RESIDENTIAL	$330,300	77 ft
4311 BLAISDELL AVE MINNEAPOLIS MN 55409	S J WOODBECK & N SOLES	RESIDENTIAL	$372,900	80 ft
4331 BLAISDELL AVE MINNEAPOLIS MN 55409	KAARIN OTTMAN/ISAAC LAROSN	RESIDENTIAL	$443,200	115 ft
4307 BLAISDELL AVE MINNEAPOLIS MN 55409	STEADY PROPERTIES LLC	RESIDENTIAL	$279,800	120 ft
4322 NICOLLET AVE MINNEAPOLIS MN 55409	A C VIVIANO & J D THOMPSON	RESIDENTIAL-TWO UNIT	$394,000	144 ft
4310 NICOLLET AVE MINNEAPOLIS MN 55409	SOVEREIGN INVESTMENTS INC	COMMERCIAL-PREFERRED	$1,636,700	152 ft
4335 BLAISDELL AVE MINNEAPOLIS MN 55409	LINDSEY ANN SMITH	RESIDENTIAL	$344,800	155 ft
4326 NICOLLET AVE MINNEAPOLIS MN 55409	JENNIFER R REICHERTS	RESIDENTIAL	$264,700	158 ft

Property History

Most Recent Sale

Date198906

Price$61,127

TypeOTHER – SEE CERTIFICATE OF REAL ESTATE VALUE (CRV)

Current Tax Year

Year2026

Tax Due$5,437