4507 BLAISDELL AVE MINNEAPOLIS MN 55419

PID: 1002824340127

Property Overview

Parcel ID1002824340127

Lot Size5,086 sq ft (0.117 ac)

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

Year Built1910

Property ClassRESIDENTIAL

OwnerJENNIFER L GROSS

Assessed Value$428,300

Land Value$169,000

Building Value$259,300

Annual Tax$6,518

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

9 permits on record since 2017 · $168K total declared value · Most recent: Aug 2024 (res)

ResAug 2024Closed

Nybo Peterson Plumbing Co Inc

AdditionJun 2024Closed

$128K

NORTHRUP REMODELING

ExistresFeb 2024Closed

4Front Energy Solutions Inc

MiscMay 2023Closed

$3K

CREW2 INC

MiscJun 2022Closed

$4K

Minnesota Rusco 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 width30 ft

Buildable depth87 ft

Area~2,614 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 2,614 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
4511 BLAISDELL AVE MINNEAPOLIS MN 55419	MOLLY A SULLIVAN	RESIDENTIAL	$396,400	40 ft
19 45TH ST W MINNEAPOLIS MN 55419	NEAL ALLAN DOSS	RESIDENTIAL	$284,500	57 ft
23 45TH ST W MINNEAPOLIS MN 55419	KELSEY OBRIANT	RESIDENTIAL	$337,400	69 ft
15 45TH ST W MINNEAPOLIS MN 55419	THOMAS E L PIEPER	RESIDENTIAL	$290,800	72 ft
4515 BLAISDELL AVE MINNEAPOLIS MN 55419	S MCGAHEY & J PURVINS	RESIDENTIAL	$399,600	80 ft
4519 BLAISDELL AVE MINNEAPOLIS MN 55419	MERRITT MORAN & IAN CAMERON	RESIDENTIAL	$371,700	120 ft
4508 NICOLLET AVE MINNEAPOLIS MN 55419	R/E SUCCESS VI LLC	APARTMENT	$1,008,100	140 ft
4500 NICOLLET AVE MINNEAPOLIS MN 55419	TC HOEBEN LLC	COMMERCIAL-PREFERRED	$682,000	151 ft
4514 NICOLLET AVE MINNEAPOLIS MN 55419	ANDRES A FLOREZ	RESIDENTIAL	$264,600	160 ft
4523 BLAISDELL AVE MINNEAPOLIS MN 55419	A B FISCHER/ M J B FISCHER	RESIDENTIAL	$451,300	160 ft

Property History

Most Recent Sale

Date201610

Price$206,185

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$6,518