4450 GARFIELD AVE MINNEAPOLIS MN 55419

PID: 1002824330123

Property Overview

Parcel ID1002824330123

Lot Size6,746 sq ft (0.155 ac)

Lot Dimensions (est.)121 ft wide × 56 ft deep

Year Built1925

Property ClassRESIDENTIAL

OwnerE T-M BACKBERG & E NIGG

Assessed Value$509,000

Land Value$237,000

Building Value$272,000

Annual Tax$7,898

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

2 permits on record since 2024 · $8K total declared value · Most recent: Nov 2024 (res)

ResNov 2024Closed

CenterPoint Energy Resource Corp

MiscAug 2024Closed

$8K

Summit Construction Group

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

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 depth16 ft

Area~3,462 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 3,462 sqft buildable area.

Est. units

Yield on cost

1.9%

Spread

-3.6%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
4444 GARFIELD AVE MINNEAPOLIS MN 55419	C L MILLER & S WALDFOGEL	RESIDENTIAL	$542,000	52 ft
4440 GARFIELD AVE MINNEAPOLIS MN 55419	L M ANDERSON & B A MERSEY	RESIDENTIAL	$557,800	99 ft
4500 GARFIELD AVE MINNEAPOLIS MN 55419	N KOSTER & E KOSTER	RESIDENTIAL	$516,500	110 ft
4455 LYNDALE AVE S MINNEAPOLIS MN 55419	LYLE R BISSON ETAL	RESIDENTIAL	$361,500	135 ft
4445 LYNDALE AVE S MINNEAPOLIS MN 55419	BLAIR PREWITT	RESIDENTIAL	$443,000	145 ft
4436 GARFIELD AVE MINNEAPOLIS MN 55419	KERRY M KORMAN	RESIDENTIAL	$325,700	146 ft
4504 GARFIELD AVE MINNEAPOLIS MN 55419	K SILVERSTEIN & B HENRY	RESIDENTIAL	$605,900	153 ft
4443 LYNDALE AVE S MINNEAPOLIS MN 55419	C C BROYLES & D SATER	RESIDENTIAL-ZERO LOT LINE	$216,300	164 ft
4501 LYNDALE AVE S MINNEAPOLIS MN 55419	ANNA L FOX/HEATHER J JOHNSON	RESIDENTIAL	$642,400	175 ft
4441 LYNDALE AVE S MINNEAPOLIS MN 55419	C C BROYLES & D SATER	RESIDENTIAL-ZERO LOT LINE	$250,600	177 ft

Property History

Most Recent Sale

Date202103

Price$480,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$7,898