4222 5TH AVE S MINNEAPOLIS MN 55409

PID: 1002824410037

Property Overview

Parcel ID1002824410037

Lot Size5,274 sq ft (0.121 ac)

Lot Dimensions (est.)132 ft wide × 40 ft deep

Year Built1928

Property ClassRESIDENTIAL

OwnerCAROLINE WULF

Assessed Value$337,100

Land Value$112,000

Building Value$225,100

Annual Tax$4,972

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

4 permits on record since 2009 · $132K total declared value · Most recent: Nov 2021 (remodel)

RemodelNov 2021Closed

$4K

ALL ENERGY SOLAR INC

ExistresJul 2020Closed

Residential Heating and Air Conditioning Inc

ResMar 2019Closed

MN Plumbing & Home Services INC

Building Re-inspectionMar 2009

$128K

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

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 depth92 ft

Area~2,755 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 2,755 sqft buildable area.

Est. units

Yield on cost

4.0%

Spread

-1.5%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
4218 5TH AVE S MINNEAPOLIS MN 55409	N T FREDERICKSON/B A VERNIER	RESIDENTIAL	$297,600	40 ft
4226 5TH AVE S MINNEAPOLIS MN 55409	KEELY E HOGAN-BRAKER	RESIDENTIAL	$321,800	40 ft
4214 5TH AVE S MINNEAPOLIS MN 55409	KYLE KRAMER	RESIDENTIAL	$346,900	80 ft
4230 5TH AVE S MINNEAPOLIS MN 55409	ALEC HOARD	RESIDENTIAL	$345,600	80 ft
4210 5TH AVE S MINNEAPOLIS MN 55409	DANA S BEASLEY	RESIDENTIAL	$322,000	120 ft
4234 5TH AVE S MINNEAPOLIS MN 55409	J A ULFERTS & M W ULFERTS	RESIDENTIAL	$255,700	120 ft
4223 4TH AVE S MINNEAPOLIS MN 55409	JOSE ARTURO VEGA LOPEZ	RESIDENTIAL	$284,700	143 ft
4219 4TH AVE S MINNEAPOLIS MN 55409	J REYES & M ZETINO	RESIDENTIAL	$275,600	148 ft
4227 4TH AVE S MINNEAPOLIS MN 55409	ALVEDIA SMITH	RESIDENTIAL	$235,000	150 ft
4206 5TH AVE S MINNEAPOLIS MN 55409	JOHN PETER EVEREST	RESIDENTIAL	$284,800	160 ft

Property History

Most Recent Sale

Date201604

Price$264,900

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$4,972