14 44TH ST E MINNEAPOLIS MN 55409

PID: 1002824420078

Property Overview

Parcel ID1002824420078

Lot Size2,569 sq ft (0.059 ac)

Lot Dimensions (est.)55 ft wide × 47 ft deep

Year Built1918

Property ClassRESIDENTIAL

OwnerB R SCHIMKE & N M CRAVENS

Assessed Value$219,100

Land Value$88,000

Building Value$131,100

Annual Tax$3,016

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 2018 · Most recent: Aug 2018 (existres)

ExistresAug 2018Closed

HEALTHY HOMES LLC

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

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 width45 ft

Buildable depth7 ft

Area~305 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 305 sqft buildable area.

Est. units

Yield on cost

6.3%

Spread

+0.8%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
4346 1ST AVE S MINNEAPOLIS MN 55409	MARNI E & SEAN D THOMAS	RESIDENTIAL	$515,600	56 ft
4350 1ST AVE S MINNEAPOLIS MN 55409	ANDREW KASPER	RESIDENTIAL	$351,500	63 ft
4342 1ST AVE S MINNEAPOLIS MN 55409	S PETERSON & J LUNDQUIST	RESIDENTIAL	$374,300	91 ft
4355 NICOLLET AVE MINNEAPOLIS MN 55409	JAASCO LLC	COMMERCIAL-PREFERRED	$508,000	105 ft
4338 1ST AVE S MINNEAPOLIS MN 55409	K FORSCHLER & N WALSH	RESIDENTIAL	$339,700	129 ft
4400 1ST AVE S MINNEAPOLIS MN 55419	WILLIAM L CRAIN JR REV TRUST	RESIDENTIAL-TWO UNIT	$492,200	129 ft
4343 NICOLLET AVE MINNEAPOLIS MN 55409	4335 BLOOMINGTON LLC	COMMERCIAL-PREFERRED	$920,300	160 ft
4334 1ST AVE S MINNEAPOLIS MN 55409	LESA VAN REGENMORTER	RESIDENTIAL	$335,800	168 ft
4404 1ST AVE S MINNEAPOLIS MN 55419	KAREN A FEIT	RESIDENTIAL	$334,500	170 ft
4401 NICOLLET AVE MINNEAPOLIS MN 55419	NICOLLET STREET LLC	COMMERCIAL-PREFERRED	$629,000	180 ft

Property History

Most Recent Sale

Date201403

Price$136,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$3,016