4322 5TH AVE S MINNEAPOLIS MN 55409

PID: 1002824410066

Property Overview

Parcel ID1002824410066

Lot Size5,255 sq ft (0.121 ac)

Lot Dimensions (est.)131 ft wide × 40 ft deep

Year Built1924

Property ClassRESIDENTIAL

OwnerANGELA A DUFRESNE

Assessed Value$263,700

Land Value$111,000

Building Value$152,700

Annual Tax$3,748

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 2021 · $11K total declared value · Most recent: Feb 2025 (res)

ResFeb 2025Closed

CHAMPION PLUMBING LLC

MiscMay 2023Closed

$7K

LEGACY RESTORATION LLC

MiscMay 2021Closed

$3K

THE HOME DEPOT

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 depth91 ft

Area~2,740 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 2,740 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
4318 5TH AVE S MINNEAPOLIS MN 55409	B PETERSON & G FIGUEROA	RESIDENTIAL	$323,100	40 ft
4326 5TH AVE S MINNEAPOLIS MN 55409	SCHOBER PROPERTIES LLC	RESIDENTIAL	$208,000	40 ft
4314 5TH AVE S MINNEAPOLIS MN 55409	AMY C MCGUIRE	RESIDENTIAL	$246,800	80 ft
4330 5TH AVE S MINNEAPOLIS MN 55409	J & M PROPERTIES LLC	TRIPLEX	$436,500	80 ft
4310 5TH AVE S MINNEAPOLIS MN 55409	E R JAMESON & J E JAMESON SR	RESIDENTIAL	$329,600	120 ft
4334 5TH AVE S MINNEAPOLIS MN 55409	J DECKENBACH & S SWENSON	RESIDENTIAL	$372,400	120 ft
4323 4TH AVE S MINNEAPOLIS MN 55409	KEVIN SEGUIN	RESIDENTIAL	$322,100	143 ft
4319 4TH AVE S MINNEAPOLIS MN 55409	COURTNEY MOORE	RESIDENTIAL	$334,900	147 ft
4327 4TH AVE S MINNEAPOLIS MN 55409	ERIN SMITH & JEFFERY NEWTON	RESIDENTIAL	$300,800	149 ft
4306 5TH AVE S MINNEAPOLIS MN 55409	MAIMAI PROPERTIES LLC	RESIDENTIAL	$248,000	160 ft

Property History

Most Recent Sale

Date202101

Price$244,500

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$3,748