4451 BLAISDELL AVE MINNEAPOLIS MN 55419

PID: 1002824340109

Property Overview

Parcel ID1002824340109

Lot Size5,081 sq ft (0.117 ac)

Lot Dimensions (est.)127 ft wide × 40 ft deep

Year Built1902

Property ClassRESIDENTIAL

OwnerL VRIEZE-COLE & C COLE

Assessed Value$331,500

Land Value$169,000

Building Value$162,500

Annual Tax$4,897

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Development Opportunities

High-Frequency Transit (5-min walk)High

Within a 5-minute walk of a high-frequency LRT or BRT stop — a positive factor for density bonuses and Met Council Livable Communities grant scoring.

Metro Council — Livable Communities ↗

Potential programs

Met Council Livable Communities GrantMedium

Competitive grants for affordable housing and transit-oriented development near high-frequency transit; proximity to LRT/BRT is a key scoring factor.

Metro Council — Livable Communities ↗

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 width30 ft

Buildable depth87 ft

Area~2,610 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 2,610 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
4455 BLAISDELL AVE MINNEAPOLIS MN 55419	MORGAN A HELME REVOCABLE TR	RESIDENTIAL	$434,100	38 ft
4447 BLAISDELL AVE MINNEAPOLIS MN 55419	JOHN T PICKETT	RESIDENTIAL	$276,600	40 ft
4443 BLAISDELL AVE MINNEAPOLIS MN 55419	PETER K DEUTZ & NICOLE L MAY	RESIDENTIAL	$367,200	80 ft
4439 BLAISDELL AVE MINNEAPOLIS MN 55419	HINKLEY REVOCABLE TRUST	RESIDENTIAL	$483,300	120 ft
4456 NICOLLET AVE MINNEAPOLIS MN 55419	4456 NICOLLET LLC	RESIDENTIAL	$1,061,000	140 ft
4448 NICOLLET AVE MINNEAPOLIS MN 55419	NICOLLET AVE HOLDINGS ML LLC	COMMERCIAL-PREFERRED	$508,000	145 ft
19 45TH ST W MINNEAPOLIS MN 55419	NEAL ALLAN DOSS	RESIDENTIAL	$284,500	153 ft
23 45TH ST W MINNEAPOLIS MN 55419	KELSEY OBRIANT	RESIDENTIAL	$337,400	158 ft
15 45TH ST W MINNEAPOLIS MN 55419	THOMAS E L PIEPER	RESIDENTIAL	$290,800	158 ft
4435 BLAISDELL AVE MINNEAPOLIS MN 55419	KENNETH S STANO	RESIDENTIAL	$373,100	160 ft

Property History

Most Recent Sale

Date199301

Price$70,000

TypeOTHER – SEE CERTIFICATE OF REAL ESTATE VALUE (CRV)

Current Tax Year

Year2026

Tax Due$4,897