4318 4TH AVE S MINNEAPOLIS MN 55409

PID: 1002824410187

Property Overview

Parcel ID1002824410187

Lot Size1,049 sq ft (0.024 ac)

Lot Dimensions (est.)43 ft wide × 24 ft deep

Year Built1973

Property ClassTOWNHOUSE

OwnerJESSICA K ROGERS

Assessed Value$222,600

Land Value$87,000

Building Value$135,600

Annual Tax$3,062

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 2025 · Most recent: Mar 2025 (existres)

ExistresMar 2025Closed

Professional Mechanical Services LLC

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

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 width14 ft

Buildable depth4 ft

Area~45 sqft

Estimates based on typical zoning setbacks. Actual requirements may vary by lot, overlay, or conditional approval.

Development Feasibility

Potentially Feasible

Back-of-envelope estimate based on sfr / adu benchmarks for 45 sqft buildable area.

Est. units

Yield on cost

10.4%

Spread

+4.9%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
4316 4TH AVE S MINNEAPOLIS MN 55409	KRISTIN L RESCH REV TRUST	TOWNHOUSE	$233,300	30 ft
4360 4TH AVE S MINNEAPOLIS MN 55409	ROBIN M LANICK	TOWNHOUSE	$217,200	64 ft
4314 4TH AVE S MINNEAPOLIS MN 55409	A L ROWE & S M SAMPSON-ROWE	TOWNHOUSE	$226,800	66 ft
4362 4TH AVE S MINNEAPOLIS MN 55409	TERESA HEITZMAN	TOWNHOUSE	$216,100	95 ft
371 43RD ST E MINNEAPOLIS MN 55409	AARON KUPCHO	TOWNHOUSE	$238,600	97 ft
4320 4TH AVE S MINNEAPOLIS MN 55409	MICHAEL W ENDALE	TOWNHOUSE	$206,500	108 ft
4322 4TH AVE S MINNEAPOLIS MN 55409	MELANIE HOAGLAND NEVINS	TOWNHOUSE	$250,400	120 ft
369 43RD ST E MINNEAPOLIS MN 55409	JENNA LEIGH KETTNER	TOWNHOUSE	$240,800	121 ft
4364 4TH AVE S MINNEAPOLIS MN 55409	LYNETTE COMMODORE	TOWNHOUSE	$224,700	131 ft
4324 4TH AVE S MINNEAPOLIS MN 55409	MOLLY ALLARD	TOWNHOUSE	$208,700	135 ft

Property History

Most Recent Sale

Date200808

Price$104,500

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$3,062