4339 1ST AVE S MINNEAPOLIS MN 55409

PID: 1002824420064

Property Overview

Parcel ID1002824420064

Lot Size5,211 sq ft (0.120 ac)

Lot Dimensions (est.)130 ft wide × 40 ft deep

Year Built1918

Property ClassRESIDENTIAL

OwnerT N CHURCHILL & L M HAGEN

Assessed Value$326,200

Land Value$133,000

Building Value$193,200

Annual Tax$4,808

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 2018 · $9K total declared value · Most recent: Oct 2024 (misc)

MiscOct 2024Final Inspection

$4K

AFFORDABLE EGRESS WINDOWS & BASEMENT WATERPROOFI

MiscOct 2018Closed

$5K

NORTHRUP REMODELING

ResJun 2018Closed

Linn Star Transfer Inc

Source: Minneapolis open data. Declared construction values are applicant-reported and may not reflect actual project cost.

Neighborhood Profile

King Field · Minneapolis

Median reported rent1,545/mo

Renter-occupied24.2%

Median home value$360K

Vacancy rate1.5%

ACS rents reflect current tenant leases and may differ from new market rents.

Source: 2022 ACS 5-Year Estimates · Census Tract 1108

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 depth90 ft

Area~2,708 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 2,708 sqft buildable area.

Est. units

Yield on cost

2.6%

Spread

-2.9%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
4343 1ST AVE S MINNEAPOLIS MN 55409	J W JOHNSON ET AL W/L EST	RESIDENTIAL	$249,300	40 ft
4335 1ST AVE S MINNEAPOLIS MN 55409	K GILBERTSON/F J GILBERTSON	RESIDENTIAL	$497,000	40 ft
4347 1ST AVE S MINNEAPOLIS MN 55409	TERRY JAMES ARENSON	RESIDENTIAL	$263,200	80 ft
4331 1ST AVE S MINNEAPOLIS MN 55409	S Q YOUNGDAHL & R FYFE	RESIDENTIAL	$350,300	80 ft
4327 1ST AVE S MINNEAPOLIS MN 55409	LAUREN GANTNER	RESIDENTIAL	$306,200	120 ft
4351 1ST AVE S MINNEAPOLIS MN 55409	H M BEYER & C M OCONNOR	RESIDENTIAL	$304,700	126 ft
110 44TH ST E MINNEAPOLIS MN 55409	AUTUMN ADKINS	RESIDENTIAL	$215,800	130 ft
4338 STEVENS AVE MINNEAPOLIS MN 55409	E & D 2-ELECT BOOGALOO LLC	RESIDENTIAL	$392,000	144 ft
4342 STEVENS AVE MINNEAPOLIS MN 55409	JASON R HYDE & MACY E TOPP	RESIDENTIAL	$255,000	149 ft
4334 STEVENS AVE MINNEAPOLIS MN 55409	JOSEPH J KAMMEL	RESIDENTIAL	$294,600	150 ft

Property History

Most Recent Sale

Date202005

Price$301,500

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$4,808