516 44TH ST E MINNEAPOLIS MN 55409

PID: 1002824410102

Property Overview

Parcel ID1002824410102

Lot Size4,119 sq ft (0.095 ac)

Lot Dimensions (est.)121 ft wide × 34 ft deep

Year Built1955

Property ClassRESIDENTIAL

OwnerRUBY J HODGE

Assessed Value$273,400

Land Value$96,000

Building Value$177,400

Annual Tax$3,910

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 2024 · Most recent: Feb 2024 (existres)

ExistresFeb 2024Expired

CENTERPOINT ENERGY

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

Front Street

On corner lots, the selected street determines which setbacks apply to each side.

Setbacks

Front20 ft

Interior side5 ft

Street side (est.)8 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width108 ft

Buildable depth0 ft

Area~641 sqft

Lot dimensions are insufficient for the standard setbacks shown.

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 641 sqft buildable area.

Est. units

Yield on cost

4.1%

Spread

-1.4%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
4350 PORTLAND AVE MINNEAPOLIS MN 55407	BETTY A W JACKSON	RESIDENTIAL	$324,400	37 ft
4346 PORTLAND AVE MINNEAPOLIS MN 55407	V M THORKELSON/A THORKELSON	RESIDENTIAL	$313,000	77 ft
4342 PORTLAND AVE MINNEAPOLIS MN 55407	MELISSA M KNOFCZYNSKI	RESIDENTIAL	$313,200	117 ft
4400 PORTLAND AVE MINNEAPOLIS MN 55407	J A SHAPIRO & M A SHAPIRO	RESIDENTIAL	$337,400	119 ft
4355 5TH AVE S MINNEAPOLIS MN 55409	DANIEL ROBERT SCHMITZ	RESIDENTIAL	$246,300	133 ft
4351 5TH AVE S MINNEAPOLIS MN 55409	CONRAD JACKSON	RESIDENTIAL	$228,000	137 ft
4347 5TH AVE S MINNEAPOLIS MN 55409	KAREN LUNDON	RESIDENTIAL	$246,100	152 ft
4338 PORTLAND AVE MINNEAPOLIS MN 55407	EDWARD W HATTERSCHIDE ET AL	RESIDENTIAL	$465,900	157 ft
4404 PORTLAND AVE MINNEAPOLIS MN 55407	CARLOS A QUIZHPI HUERTA	RESIDENTIAL-TWO UNIT	$431,100	174 ft
4343 5TH AVE S MINNEAPOLIS MN 55409	STAR POINT LLC	RESIDENTIAL	$221,000	175 ft

Property History

Current Tax Year

Year2026

Tax Due$3,910