4532 PILLSBURY AVE MINNEAPOLIS MN 55419

PID: 1002824340174

Property Overview

Parcel ID1002824340174

Lot Size3,816 sq ft (0.088 ac)

Lot Dimensions (est.)127 ft wide × 30 ft deep

Year Built1922

Property ClassRESIDENTIAL

OwnerJENNIFER K FRAKES

Assessed Value$275,000

Land Value$147,000

Building Value$128,000

Annual Tax$3,951

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 width20 ft

Buildable depth87 ft

Area~1,744 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 1,744 sqft buildable area.

Est. units

Yield on cost

2.9%

Spread

-2.6%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
4534 PILLSBURY AVE MINNEAPOLIS MN 55419	E WINDSCHITL & H REESE	RESIDENTIAL	$379,300	35 ft
4528 PILLSBURY AVE MINNEAPOLIS MN 55419	SUSAN M DAVIES	RESIDENTIAL	$354,500	40 ft
4538 PILLSBURY AVE MINNEAPOLIS MN 55419	A H LAGAS & M LAGAS	RESIDENTIAL	$386,400	75 ft
4524 PILLSBURY AVE MINNEAPOLIS MN 55419	SUSAN D THOMAS-MCGREGOR	RESIDENTIAL	$308,900	85 ft
4542 PILLSBURY AVE MINNEAPOLIS MN 55419	M A MCCONVILLE & A J VOIGT	RESIDENTIAL	$414,000	120 ft
4518 PILLSBURY AVE MINNEAPOLIS MN 55419	B CUBED LLC	RESIDENTIAL	$281,600	125 ft
4531 PLEASANT AVE MINNEAPOLIS MN 55419	DEBORAH KLEIN	RESIDENTIAL	$480,100	140 ft
4535 PLEASANT AVE MINNEAPOLIS MN 55419	LAURA ANN DOTSETH RV LIV TRU	RESIDENTIAL	$482,600	142 ft
4525 PLEASANT AVE MINNEAPOLIS MN 55419	ROGER W GRILL ETAL	RESIDENTIAL	$349,900	153 ft
4539 PLEASANT AVE MINNEAPOLIS MN 55419	J T DUNN & P M HENNESSY	RESIDENTIAL	$420,500	159 ft

Property History

Most Recent Sale

Date200807

Price$195,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$3,951