4219 5TH AVE S MINNEAPOLIS MN 55409

PID: 1002824410026

Property Overview

Parcel ID1002824410026

Lot Size4,876 sq ft (0.112 ac)

Lot Dimensions (est.)122 ft wide × 40 ft deep

Year Built1926

Property ClassRESIDENTIAL

OwnerMELISSA UNDERFERTH

Assessed Value$312,700

Land Value$108,000

Building Value$204,700

Annual Tax$4,565

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

3 permits on record since 2018 · $5K total declared value · Most recent: Jan 2025 (res)

ResJan 2025Closed

BONFES PLUMBING HEATING AND AIR SERVICE INC

ResOct 2024Closed

CENTERPOINT ENERGY

MiscNov 2018Closed

$5K

Melissa Underferth

Source: Minneapolis open data. Declared construction values are applicant-reported and may not reflect actual project cost.

Neighborhood Profile

Regina · Minneapolis

Median reported rent1,858/mo

Renter-occupied11.4%

Median home value$326K

Vacancy rate2.9%

ACS rents reflect current tenant leases and may differ from new market rents.

Source: 2022 ACS 5-Year Estimates · Census Tract 1109

Market Snapshot

Zip code 55409

Median sale price$379K-21.6% YoY

Median price / sqft$218/sqft

Median days to close56 days

Active listings21

Source: Redfin Data Center (Invalid Date) · Zip 55409

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 width30 ft

Buildable depth82 ft

Area~2,455 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 2,455 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
4223 5TH AVE S MINNEAPOLIS MN 55409	KHAMPHEUY BORTBOUN	RESIDENTIAL	$274,800	40 ft
4215 5TH AVE S MINNEAPOLIS MN 55409	ALEXIS LOGSDON	RESIDENTIAL	$288,700	40 ft
4227 5TH AVE S MINNEAPOLIS MN 55409	R K HELGERSON & J RIVAS CRUZ	RESIDENTIAL	$375,500	80 ft
4211 5TH AVE S MINNEAPOLIS MN 55409	MANDA C DUNN/MICHAEL R DUNN	RESIDENTIAL	$460,500	100 ft
4231 5TH AVE S MINNEAPOLIS MN 55409	LAWRENCE & BEVERLY WARREN	RESIDENTIAL	$255,300	120 ft
4218 PORTLAND AVE MINNEAPOLIS MN 55407	L E SHNOWSKE & C D WELLS	RESIDENTIAL	$344,200	133 ft
4222 PORTLAND AVE MINNEAPOLIS MN 55407	WINKLER HILL FAMILY IRR TR	RESIDENTIAL	$356,800	138 ft
4214 PORTLAND AVE MINNEAPOLIS MN 55407	RYAN MALONE & MOLLY MALONE	RESIDENTIAL	$392,900	140 ft
4226 PORTLAND AVE MINNEAPOLIS MN 55407	M K SUNDLOF & A M HEIN	RESIDENTIAL	$297,100	154 ft
4210 PORTLAND AVE MINNEAPOLIS MN 55407	MARCUS RICHARD LINN	RESIDENTIAL	$282,000	157 ft

Property History

Most Recent Sale

Date201003

Price$125,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$4,565