4300 GARFIELD AVE MINNEAPOLIS MN 55409

PID: 1002824320206

Property Overview

Parcel ID1002824320206

Lot Size7,214 sq ft (0.166 ac)

Lot Dimensions (est.)121 ft wide × 60 ft deep

Year Built1907

Property ClassRESIDENTIAL

OwnerA B ARECHIGA & C N BARAJAS

Assessed Value$491,000

Land Value$242,000

Building Value$249,000

Annual Tax$7,538

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

5 permits on record since 2018 · $14K total declared value · Most recent: Nov 2024 (res)

ResNov 2024Closed

CenterPoint Energy Resource Corp

MiscOct 2022Closed

$6K

Peak Exteriors LLC

MiscSep 2022Closed

$2K

Peak Exteriors LLC

MiscSep 2021Closed

$6K

Peak Exteriors LLC

ExistresNov 2018Closed

UPTOWN PLUMBING HEATING AND COOLING

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 width108 ft

Buildable depth20 ft

Area~3,773 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 3,773 sqft buildable area.

Est. units

Yield on cost

2.7%

Spread

-2.8%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
4306 GARFIELD AVE MINNEAPOLIS MN 55409	SHELBY N PIEPHO	RESIDENTIAL	$453,000	50 ft
4310 GARFIELD AVE MINNEAPOLIS MN 55409	SUSAN A KREMER	RESIDENTIAL	$463,200	90 ft
4254 GARFIELD AVE MINNEAPOLIS MN 55409	SUSAN MALARET	RESIDENTIAL	$583,000	115 ft
4314 GARFIELD AVE MINNEAPOLIS MN 55409	COMMUNITY HOUSING RESOURCES	RESIDENTIAL	$0	130 ft
4301 LYNDALE AVE S MINNEAPOLIS MN 55409	DOREEN I KLEINPASTE ET AL	RESIDENTIAL-TWO UNIT	$563,400	134 ft
4307 LYNDALE AVE S MINNEAPOLIS MN 55409	JAMES R PORTER	RESIDENTIAL	$428,700	144 ft
4311 LYNDALE AVE S MINNEAPOLIS MN 55409	RICHARD KEAST	RESIDENTIAL	$383,600	163 ft
4248 GARFIELD AVE MINNEAPOLIS MN 55409	LEAH J HUSEBY-KRIEGER ET AL	RESIDENTIAL	$541,400	165 ft
4318 GARFIELD AVE MINNEAPOLIS MN 55409	S W BROWN & K E CROSS	RESIDENTIAL	$497,900	170 ft
4253 LYNDALE AVE S MINNEAPOLIS MN 55409	JODY MAIN & ROBERT MAIN	RESIDENTIAL	$537,300	173 ft

Property History

Most Recent Sale

Date199007

Price$75,000

TypeOTHER – SEE CERTIFICATE OF REAL ESTATE VALUE (CRV)

Current Tax Year

Year2026

Tax Due$7,538