4315 BLAISDELL AVE MINNEAPOLIS MN 55409

PID: 1002824310111

Property Overview

Parcel ID1002824310111

Lot Size5,078 sq ft (0.117 ac)

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

Year Built1910

Property ClassRESIDENTIAL

OwnerJARON BALGAARD/LISA BAUMERT

Assessed Value$318,600

Land Value$169,000

Building Value$149,600

Annual Tax$4,681

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

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
4319 BLAISDELL AVE MINNEAPOLIS MN 55409	FRANCES M WISE	RESIDENTIAL	$363,700	40 ft
4311 BLAISDELL AVE MINNEAPOLIS MN 55409	S J WOODBECK & N SOLES	RESIDENTIAL	$372,900	40 ft
4323 BLAISDELL AVE MINNEAPOLIS MN 55409	PAUL A SCHROEDER	RESIDENTIAL	$372,700	80 ft
4307 BLAISDELL AVE MINNEAPOLIS MN 55409	STEADY PROPERTIES LLC	RESIDENTIAL	$279,800	80 ft
4327 BLAISDELL AVE MINNEAPOLIS MN 55409	JAQUELINE HAGER	RESIDENTIAL	$330,300	117 ft
4303 BLAISDELL AVE MINNEAPOLIS MN 55409	KENDELL VICTORIA BOREAN	RESIDENTIAL-TWO UNIT	$350,600	120 ft
4310 NICOLLET AVE MINNEAPOLIS MN 55409	SOVEREIGN INVESTMENTS INC	COMMERCIAL-PREFERRED	$1,636,700	140 ft
4331 BLAISDELL AVE MINNEAPOLIS MN 55409	KAARIN OTTMAN/ISAAC LAROSN	RESIDENTIAL	$443,200	155 ft
4301 BLAISDELL AVE MINNEAPOLIS MN 55409	HEATHER FISCH & ROBERT KEEFE	RESIDENTIAL	$305,000	158 ft
4322 NICOLLET AVE MINNEAPOLIS MN 55409	A C VIVIANO & J D THOMPSON	RESIDENTIAL-TWO UNIT	$394,000	159 ft

Property History

Most Recent Sale

Date201803

Price$277,000

TypeOTHER – SEE CERTIFICATE OF REAL ESTATE VALUE (CRV)

Current Tax Year

Year2026

Tax Due$4,681