4205 2ND AVE S MINNEAPOLIS MN 55409

PID: 1002824420034

Property Overview

Parcel ID1002824420034

Lot Size5,180 sq ft (0.119 ac)

Lot Dimensions (est.)129 ft wide × 40 ft deep

Year Built1916

Property ClassRESIDENTIAL

OwnerSTEPHANIE L SHERRITT-SMITH

Assessed Value$244,100

Land Value$88,000

Building Value$156,100

Annual Tax$3,764

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

2 permits on record since 2017 · $16K total declared value · Most recent: Apr 2018 (misc)

MiscApr 2018Closed

$16K

ALL ELEMENTS INC

ResJan 2017Closed

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

Setbacks

Front20 ft

Side (each)5 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width30 ft

Buildable depth89 ft

Area~2,684 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 2,684 sqft buildable area.

Est. units

Yield on cost

2.8%

Spread

-2.7%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
4201 2ND AVE S MINNEAPOLIS MN 55409	KEVIN CARON & SAMANTHA LEE	RESIDENTIAL	$357,000	40 ft
4209 2ND AVE S MINNEAPOLIS MN 55409	T D PETTIFORD & R L GRIGSBY	RESIDENTIAL	$297,800	45 ft
4215 2ND AVE S MINNEAPOLIS MN 55409	CRAIG M KAMPA	RESIDENTIAL	$313,200	94 ft
4219 2ND AVE S MINNEAPOLIS MN 55409	DAVID A VOGEL & TARA M VOGEL	RESIDENTIAL	$376,900	139 ft
215 42ND ST E MINNEAPOLIS MN 55409	TAGSTROM PROPERTIES LLC	RESIDENTIAL	$155,100	141 ft
4206 3RD AVE S MINNEAPOLIS MN 55409	WILLIAM RICHARD INCE	RESIDENTIAL	$204,000	143 ft
4208 3RD AVE S MINNEAPOLIS MN 55409	J T HUTTON & J R HUTTON	RESIDENTIAL	$208,300	148 ft
4155 2ND AVE S MINNEAPOLIS MN 55409	S FRAMPTON & L FRAMPTON	RESIDENTIAL	$281,700	160 ft
4212 3RD AVE S MINNEAPOLIS MN 55409	ELIZABETH NELSON	RESIDENTIAL	$322,000	163 ft
4216 3RD AVE S MINNEAPOLIS MN 55409	ALICE WATSON/DOUGLAS WATSON	RESIDENTIAL	$261,300	185 ft

Property History

Most Recent Sale

Date201912

Price$248,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$3,764