111 45TH ST W MINNEAPOLIS MN 55419

PID: 1002824340132

Property Overview

Parcel ID1002824340132

Lot Size2,311 sq ft (0.053 ac)

Lot Dimensions (est.)42 ft wide × 55 ft deep

Year Built1918

Property ClassRESIDENTIAL

OwnerRACHEL M MATZKE

Assessed Value$255,000

Land Value$112,000

Building Value$143,000

Annual Tax$3,616

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

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

Setbacks

Front20 ft

Side (each)5 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width32 ft

Buildable depth15 ft

Area~480 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 480 sqft buildable area.

Est. units

Yield on cost

4.5%

Spread

-1.0%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
4500 BLAISDELL AVE MINNEAPOLIS MN 55419	C S JOHNSON & J JOHNSON	RESIDENTIAL	$275,900	66 ft
115 45TH ST W MINNEAPOLIS MN 55419	MARK SCRIPTER/KRISTA SWANSON	RESIDENTIAL	$391,500	67 ft
4506 BLAISDELL AVE MINNEAPOLIS MN 55419	CORNELL S MILLER	RESIDENTIAL	$347,000	72 ft
4510 BLAISDELL AVE MINNEAPOLIS MN 55419	E BLANCO/VICTORIA ANN BLANCO	RESIDENTIAL	$389,900	116 ft
4507 WENTWORTH AVE MINNEAPOLIS MN 55419	J P KERNS/E M WALTON KERNS	RESIDENTIAL	$476,800	120 ft
4501 WENTWORTH AVE MINNEAPOLIS MN 55419	NICOLE SUE GJEVRE	RESIDENTIAL	$343,400	132 ft
4454 BLAISDELL AVE MINNEAPOLIS MN 55419	JONATHAN P SHELLEY	RESIDENTIAL	$442,000	133 ft
114 45TH ST W MINNEAPOLIS MN 55419	J T MILLER & D G ELLIOTT	RESIDENTIAL	$282,100	136 ft
4511 WENTWORTH AVE MINNEAPOLIS MN 55419	BRENDA LYNN HANSON	RESIDENTIAL	$367,900	147 ft
4514 BLAISDELL AVE MINNEAPOLIS MN 55419	DAVID D HONG & ANNA ZAROS	RESIDENTIAL	$341,000	154 ft

Property History

Most Recent Sale

Date198504

Price$63,900

TypeOTHER – SEE CERTIFICATE OF REAL ESTATE VALUE (CRV)

Current Tax Year

Year2026

Tax Due$3,616