4516 GRAND AVE S MINNEAPOLIS MN 55419

PID: 1002824330169

Property Overview

Parcel ID1002824330169

Lot Size5,624 sq ft (0.129 ac)

Lot Dimensions (est.)131 ft wide × 43 ft deep

Year Built1924

Property ClassRESIDENTIAL

OwnerJAN M NORRANDER

Assessed Value$462,000

Land Value$205,000

Building Value$257,000

Annual Tax$7,082

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

4 permits on record since 2017 · $4K total declared value · Most recent: Sep 2022 (existres)

ExistresSep 2022Closed

Hero Home Services LLC

ResJul 2022Closed

Hero Home Services LLC

ExistresJul 2018Closed

$4K

Airic's Heating & Air Conditioning Inc

ResOct 2017Closed

Urban Pine Plumbing and Mechanical 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

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 width33 ft

Buildable depth91 ft

Area~2,996 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 2,996 sqft buildable area.

Est. units

Yield on cost

3.5%

Spread

-2.0%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
4512 GRAND AVE S MINNEAPOLIS MN 55419	ARTHUR A SWENSON	RESIDENTIAL	$431,000	43 ft
4520 GRAND AVE S MINNEAPOLIS MN 55419	CAITLIN ECCLES RADTKE	RESIDENTIAL	$502,100	43 ft
4508 GRAND AVE S MINNEAPOLIS MN 55419	A MONTANARI & P HACKLER	RESIDENTIAL	$522,100	86 ft
4522 GRAND AVE S MINNEAPOLIS MN 55419	GLORIA B WOOD	RESIDENTIAL-TWO UNIT	$434,700	86 ft
4504 GRAND AVE S MINNEAPOLIS MN 55419	MARCUS DOWNS	RESIDENTIAL-TWO UNIT	$623,700	127 ft
4528 GRAND AVE S MINNEAPOLIS MN 55419	JAM LLC	APARTMENT	$643,200	128 ft
4517 HARRIET AVE MINNEAPOLIS MN 55419	F M HOTCHNER & B M THOMAS	RESIDENTIAL	$582,300	145 ft
4521 HARRIET AVE MINNEAPOLIS MN 55419	M M GRATHWOL & M T GADDIS	RESIDENTIAL	$681,900	151 ft
4513 HARRIET AVE MINNEAPOLIS MN 55419	E O'NEILL WHITE & C M CORSAC	RESIDENTIAL	$579,700	151 ft
4509 HARRIET AVE MINNEAPOLIS MN 55419	HEATHER BRAY & JODI AYERS	RESIDENTIAL	$605,100	167 ft

Property History

Most Recent Sale

Date200204

Price$239,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$7,082