4325 GRAND AVE S MINNEAPOLIS MN 55409

PID: 1002824320170

Property Overview

Parcel ID1002824320170

Lot Size5,036 sq ft (0.116 ac)

Lot Dimensions (est.)126 ft wide × 40 ft deep

Year Built1911

Property ClassRESIDENTIAL

OwnerM H JAMES & E JAMES

Assessed Value$441,800

Land Value$197,000

Building Value$244,800

Annual Tax$6,744

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

7 permits on record since 2006 · $184K total declared value · Most recent: Dec 2025 (res)

ResDec 2025Closed

Barr Web Industries Inc

MiscAug 2025Final Inspection

$15K

Minnesota Builders LLP

ExistresDec 2021Closed

Sayler Heating & Air Conditioning Inc

ResOct 2021Closed

Gust Plumbing Inc

RemodelSep 2021Closed

$55K

Diamond Lake Remodeling LLC

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 depth86 ft

Area~2,576 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 2,576 sqft buildable area.

Est. units

Yield on cost

3.3%

Spread

-2.2%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
4331 GRAND AVE S MINNEAPOLIS MN 55409	MARY S CAIN	RESIDENTIAL	$404,200	40 ft
4323 GRAND AVE S MINNEAPOLIS MN 55409	EMMA E S NEAL & ETHAN J NEAL	RESIDENTIAL	$320,000	40 ft
4335 GRAND AVE S MINNEAPOLIS MN 55409	LYNN M HAZELTON	RESIDENTIAL	$362,000	80 ft
4319 GRAND AVE S MINNEAPOLIS MN 55409	BIAS REVOCABLE TRUST	RESIDENTIAL	$447,700	80 ft
4339 GRAND AVE S MINNEAPOLIS MN 55409	DANIEL W/ERIKA E MANSON	RESIDENTIAL	$419,900	120 ft
4315 GRAND AVE S MINNEAPOLIS MN 55409	LAURA E MEYER & JAMES GOULD	RESIDENTIAL	$397,000	120 ft
4326 PLEASANT AVE MINNEAPOLIS MN 55409	M B RAMIREZ & D S SALZMANN	RESIDENTIAL	$347,900	139 ft
4322 PLEASANT AVE MINNEAPOLIS MN 55409	H M BAUMBACH & D J NYGARD	RESIDENTIAL	$425,900	146 ft
4330 PLEASANT AVE MINNEAPOLIS MN 55409	R J KERN & T J KERN	RESIDENTIAL	$504,000	151 ft
4343 GRAND AVE S MINNEAPOLIS MN 55409	REBEKAH G MONTGOMERY	RESIDENTIAL	$474,400	160 ft

Property History

Most Recent Sale

Date202510

Price$495,000

TypeEXCLUDED FROM RATIO STUDIES

Current Tax Year

Year2026

Tax Due$6,744