4545 LYNDALE AVE S MINNEAPOLIS MN 55419

PID: 1002824330010

Property Overview

Parcel ID1002824330010

Lot Size5,035 sq ft (0.116 ac)

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

Year Built1920

Property ClassRESIDENTIAL

OwnerJ CARLSON/R DONAHUE CARLSON

Assessed Value$682,400

Land Value$164,000

Building Value$518,400

Annual Tax$11,204

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

2 permits on record since 2021 · $13K total declared value · Most recent: Apr 2024 (misc)

MiscApr 2024Closed

$13K

WRIGHT AT HOME SERVICES INC

ExistresOct 2021Closed

Airic's Heating & Air Conditioning Inc

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~2,564 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 2,564 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
4549 LYNDALE AVE S MINNEAPOLIS MN 55419	DAVID D STEEN	RESIDENTIAL	$296,300	41 ft
4541 LYNDALE AVE S MINNEAPOLIS MN 55419	PENNY I PAYNE	RESIDENTIAL	$396,000	41 ft
4537 LYNDALE AVE S MINNEAPOLIS MN 55419	ANNE MARIE HANSEN FISCHER	RESIDENTIAL	$371,800	82 ft
4553 LYNDALE AVE S MINNEAPOLIS MN 55419	EZRA GOLD & AMY C GOLD	RESIDENTIAL-TWO UNIT	$567,000	83 ft
4533 LYNDALE AVE S MINNEAPOLIS MN 55419	EMILY CHANEY	RESIDENTIAL	$390,600	124 ft
4544 GARFIELD AVE MINNEAPOLIS MN 55419	JOSEPH VONBANK	RESIDENTIAL-TWO UNIT	$554,500	134 ft
4548 GARFIELD AVE MINNEAPOLIS MN 55419	JANICE L SEARCH REVOC. TRUST	RESIDENTIAL-TWO UNIT	$618,500	139 ft
4540 GARFIELD AVE MINNEAPOLIS MN 55419	G G R ANDRADE/M A C PORTILLA	RESIDENTIAL-TWO UNIT	$550,000	141 ft
4552 GARFIELD AVE MINNEAPOLIS MN 55419	J P WENTZELL & L S WENTZELL	RESIDENTIAL-TWO UNIT	$600,600	156 ft
4536 GARFIELD AVE MINNEAPOLIS MN 55419	MARR FAMILY TRUST	RESIDENTIAL	$615,500	158 ft

Property History

Most Recent Sale

Date201606

Price$499,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$11,204