4548 GARFIELD AVE MINNEAPOLIS MN 55419

PID: 1002824330006

Property Overview

Parcel ID1002824330006

Lot Size5,034 sq ft (0.116 ac)

Lot Dimensions (est.)122 ft wide × 41 ft deep

Year Built1924

Property ClassRESIDENTIAL-TWO UNIT

OwnerJANICE L SEARCH REVOC. TRUST

Assessed Value$618,500

Land Value$207,000

Building Value$411,500

Annual Tax$11,745

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

5 permits on record since 2006 · $58K total declared value · Most recent: Nov 2024 (res)

ResNov 2024Closed

CenterPoint Energy Resource Corp

ResNov 2024Closed

CenterPoint Energy Resource Corp

ExistresJul 2024Closed

Flare Heating & Air Conditioning, Inc.

ResJul 2023Closed

DEN-MARK PLUMBING INC

Building Re-inspectionJul 2006

$58K

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 55419

Median sale price$494K-4.7% YoY

Median price / sqft$270/sqft

Median days to close29 days

Active listings30

Source: Redfin Data Center (Invalid Date) · Zip 55419

Zoning

UN3Urban Neighborhood 3

Urban Neighborhood 3 — medium-density residential

Typical Uses

·Apartment buildings
·Mixed-use with neighborhood retail

Max Height50 ft

Development Potential

Setbacks

Front20 ft

Side (each)5 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width31 ft

Buildable depth83 ft

Area~2,563 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 2,563 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
4544 GARFIELD AVE MINNEAPOLIS MN 55419	JOSEPH VONBANK	RESIDENTIAL-TWO UNIT	$554,500	41 ft
4552 GARFIELD AVE MINNEAPOLIS MN 55419	J P WENTZELL & L S WENTZELL	RESIDENTIAL-TWO UNIT	$600,600	42 ft
4540 GARFIELD AVE MINNEAPOLIS MN 55419	G G R ANDRADE/M A C PORTILLA	RESIDENTIAL-TWO UNIT	$550,000	82 ft
4536 GARFIELD AVE MINNEAPOLIS MN 55419	MARR FAMILY TRUST	RESIDENTIAL	$615,500	123 ft
4549 LYNDALE AVE S MINNEAPOLIS MN 55419	DAVID D STEEN	RESIDENTIAL	$296,300	134 ft
4545 LYNDALE AVE S MINNEAPOLIS MN 55419	J CARLSON/R DONAHUE CARLSON	RESIDENTIAL	$682,400	139 ft
4553 LYNDALE AVE S MINNEAPOLIS MN 55419	EZRA GOLD & AMY C GOLD	RESIDENTIAL-TWO UNIT	$567,000	141 ft
4541 LYNDALE AVE S MINNEAPOLIS MN 55419	PENNY I PAYNE	RESIDENTIAL	$396,000	156 ft
4600 GARFIELD AVE MINNEAPOLIS MN 55419	N MILLER & C MILLER	RESIDENTIAL-TWO UNIT	$651,300	164 ft
4532 GARFIELD AVE MINNEAPOLIS MN 55419	DAVID UBER	RESIDENTIAL-TWO UNIT	$519,000	165 ft

Property History

Most Recent Sale

Date201509

Price$470,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$11,745