118 44TH ST W MINNEAPOLIS MN 55409

PID: 1002824310197

Property Overview

Parcel ID1002824310197

Lot Size5,479 sq ft (0.126 ac)

Lot Dimensions (est.)68 ft wide × 80 ft deep

Year Built1904

Property ClassRESIDENTIAL

OwnerG J CARR & I C LOOMIS

Assessed Value$434,800

Land Value$179,000

Building Value$255,800

Annual Tax$6,627

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

5 permits on record since 2002 · $437K total declared value · Most recent: Apr 2024 (addition)

AdditionApr 2024Closed

$95K

NORTHRUP REMODELING

MiscMar 2021Closed

$17K

TWIN CITIES SIDING PROFESSIONALS

ResJun 2020Closed

Warners Stellian Co Inc

ResApr 2020Closed

Noah Acquistions LLC

Building Re-inspectionJun 2002

$325K

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 width55 ft

Buildable depth40 ft

Area~2,224 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 2,224 sqft buildable area.

Est. units

Yield on cost

1.4%

Spread

-4.1%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
112 44TH ST W MINNEAPOLIS MN 55409	M J BENSON & L C BENSON	RESIDENTIAL	$387,500	66 ft
4347 WENTWORTH AVE MINNEAPOLIS MN 55409	CODY HANSEN/KAITLYN HANSEN	RESIDENTIAL	$386,300	68 ft
4343 WENTWORTH AVE MINNEAPOLIS MN 55409	COMMUNITY HOUSING RESOURCES	RESIDENTIAL	$0	105 ft
124 44TH ST W MINNEAPOLIS MN 55409	M BHASKAR & P P NADUTHOTA	RESIDENTIAL	$340,900	116 ft
4401 WENTWORTH AVE MINNEAPOLIS MN 55419	FRED W WASHINGTON & WIFE	RESIDENTIAL	$325,100	141 ft
4339 WENTWORTH AVE MINNEAPOLIS MN 55409	EVAN KRALJIC	RESIDENTIAL-TWO UNIT	$526,900	144 ft
130 44TH ST W MINNEAPOLIS MN 55409	130 44TH ST LLC	RESIDENTIAL	$249,600	160 ft
4346 WENTWORTH AVE MINNEAPOLIS MN 55409	K A PILLE & R L COLLINS	RESIDENTIAL	$329,700	170 ft
4354 BLAISDELL AVE MINNEAPOLIS MN 55409	BRIDGET SIVANICH	RESIDENTIAL-TWO UNIT	$455,700	176 ft
4350 BLAISDELL AVE MINNEAPOLIS MN 55409	JAMES VEREIDE	RESIDENTIAL	$432,000	177 ft

Property History

Most Recent Sale

Date199510

Price$96,500

TypeOTHER – SEE CERTIFICATE OF REAL ESTATE VALUE (CRV)

Current Tax Year

Year2026

Tax Due$6,627