4551 BLAISDELL AVE MINNEAPOLIS MN 55419

PID: 1002824340226

Property Overview

Parcel ID1002824340226

Lot Size5,090 sq ft (0.117 ac)

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

Year Built1910

Property ClassRESIDENTIAL

OwnerB A AGUILERA/G AGUILERA

Assessed Value$333,000

Land Value$170,000

Building Value$163,000

Annual Tax$4,922

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

1 permit on record since 2022 · Most recent: Jun 2022 (existres)

ExistresJun 2022Closed

Hoffman Refrigeration and Heating Ltd

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

UN3Urban Neighborhood 3

Urban Neighborhood 3 — medium-density residential

Typical Uses

·Apartment buildings
·Mixed-use with neighborhood retail

Max Height50 ft

Development Potential

Setbacks

Front20 ft

Side (each)5 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width30 ft

Buildable depth87 ft

Area~2,617 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 2,617 sqft buildable area.

Est. units

Yield on cost

3.3%

Spread

-2.2%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
4555 BLAISDELL AVE MINNEAPOLIS MN 55419	PETER SCHULTZ	RESIDENTIAL	$266,900	38 ft
4547 BLAISDELL AVE MINNEAPOLIS MN 55419	M E GUTZMER & J E FREESE	RESIDENTIAL	$450,400	40 ft
4543 BLAISDELL AVE MINNEAPOLIS MN 55419	MICHAEL WADE HOLETZ	RESIDENTIAL	$359,900	80 ft
4539 BLAISDELL AVE MINNEAPOLIS MN 55419	ROBERT WIENS & MIRANDA WIENS	RESIDENTIAL	$354,700	120 ft
4554 NICOLLET AVE MINNEAPOLIS MN 55419	FAIRIVER LLC	COMMERCIAL-PREFERRED	$975,000	140 ft
4546 NICOLLET AVE MINNEAPOLIS MN 55419	NOKOMIS PROPERTIES GRIFF LLC	APARTMENT	$676,100	145 ft
4535 BLAISDELL AVE MINNEAPOLIS MN 55419	JACQUELINE MARIE WRIGHT	RESIDENTIAL	$384,200	160 ft
4601 BLAISDELL AVE MINNEAPOLIS MN 55419	M P MCANENEY & S E STRZOK	RESIDENTIAL-TWO UNIT	$533,200	160 ft
4542 NICOLLET AVE MINNEAPOLIS MN 55419	CANDACE MARIE COBB	RESIDENTIAL	$332,000	161 ft
4538 NICOLLET AVE MINNEAPOLIS MN 55419	MICHEL PAUL DENN REVOC TRUST	APARTMENT	$521,100	184 ft

Property History

Most Recent Sale

Date202405

Price$315,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$4,922