4528 GRAND AVE S MINNEAPOLIS MN 55419

PID: 1002824330030

Property Overview

Parcel ID1002824330030

Lot Size5,562 sq ft (0.128 ac)

Lot Dimensions (est.)132 ft wide × 42 ft deep

Year Built1925

Property ClassAPARTMENT

OwnerJAM LLC

Assessed Value$643,200

Land Value$166,300

Building Value$476,900

Annual Tax$12,620

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Development Opportunities

Potentially 4d-Eligible PropertyMedium

Property type suggests multifamily rental use — may qualify for the Minneapolis 4d program, which reduces property taxes to ~0.25% in exchange for affordability commitments. Requires 3+ units and a current rental license.

Minneapolis — 4d Affordable Housing Incentive ↗

Signals are based on public datasets; program eligibility requires verification.

Permit History

No permits found in Minneapolis open data for this parcel.

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

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 width31 ft

Buildable depth96 ft

Area~2,956 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 2,956 sqft buildable area.

Est. units

Yield on cost

3.6%

Spread

-1.9%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
4532 GRAND AVE S MINNEAPOLIS MN 55419	L D HANSEN & A CERVENA	APARTMENT	$643,200	41 ft
4522 GRAND AVE S MINNEAPOLIS MN 55419	GLORIA B WOOD	RESIDENTIAL-TWO UNIT	$434,700	43 ft
4536 GRAND AVE S MINNEAPOLIS MN 55419	LAUREL NEHER	RESIDENTIAL-TWO UNIT	$531,400	81 ft
4520 GRAND AVE S MINNEAPOLIS MN 55419	CAITLIN ECCLES RADTKE	RESIDENTIAL	$502,100	86 ft
4540 GRAND AVE S MINNEAPOLIS MN 55419	C A MORELLO/T J MORELLO	RESIDENTIAL-TWO UNIT	$528,000	123 ft
4516 GRAND AVE S MINNEAPOLIS MN 55419	JAN M NORRANDER	RESIDENTIAL	$462,000	128 ft
4531 HARRIET AVE MINNEAPOLIS MN 55419	TAMARA LOU WARD/LAURA SCHER	RESIDENTIAL	$450,000	144 ft
4525 HARRIET AVE MINNEAPOLIS MN 55419	CRAIG BELL & MICHELLE BELL	RESIDENTIAL	$502,100	150 ft
4533 HARRIET AVE MINNEAPOLIS MN 55419	C HICKEY & Z MEER	RESIDENTIAL	$477,000	150 ft
4544 GRAND AVE S MINNEAPOLIS MN 55419	ELISABETH BOOTH	RESIDENTIAL-TWO UNIT	$617,500	163 ft

Property History

Most Recent Sale

Date200209

Price$100

TypeOTHER – SEE CERTIFICATE OF REAL ESTATE VALUE (CRV)

Current Tax Year

Year2026

Tax Due$12,620