4230 STEVENS AVE MINNEAPOLIS MN 55409

PID: 1002824420108

Property Overview

Parcel ID1002824420108

Lot Size5,275 sq ft (0.121 ac)

Lot Dimensions (est.)132 ft wide × 40 ft deep

Year Built1924

Property ClassRESIDENTIAL

OwnerMELANIE WISE

Assessed Value$281,400

Land Value$105,000

Building Value$176,400

Annual Tax$4,059

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

No permits found in Minneapolis open data for this parcel.

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 depth92 ft

Area~2,755 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 2,755 sqft buildable area.

Est. units

Yield on cost

2.7%

Spread

-2.8%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
4226 STEVENS AVE MINNEAPOLIS MN 55409	JULIE M SCHMIDT	RESIDENTIAL	$282,300	40 ft
4234 STEVENS AVE MINNEAPOLIS MN 55409	BRYAN ISCHE	RESIDENTIAL	$272,900	40 ft
4224 STEVENS AVE MINNEAPOLIS MN 55409	M JOKHOO & I JITNARAYAN	RESIDENTIAL	$284,800	80 ft
4238 STEVENS AVE MINNEAPOLIS MN 55409	S F HIGGINS & R B COATE	RESIDENTIAL	$287,100	80 ft
4218 STEVENS AVE MINNEAPOLIS MN 55409	KENNETH F LAU	RESIDENTIAL	$260,300	120 ft
4242 STEVENS AVE MINNEAPOLIS MN 55409	PHYLLIS J DOYLE	RESIDENTIAL	$257,400	120 ft
4231 1ST AVE S MINNEAPOLIS MN 55409	NILS M HOEGER-LERDAL ET AL	RESIDENTIAL	$333,800	144 ft
4227 1ST AVE S MINNEAPOLIS MN 55409	REZA POURFARZAD	RESIDENTIAL	$332,900	148 ft
4235 1ST AVE S MINNEAPOLIS MN 55409	KELLY MCNAMARA	RESIDENTIAL	$267,200	150 ft
4214 STEVENS AVE MINNEAPOLIS MN 55409	JENNIFER J PANNARALLA ET AL	RESIDENTIAL	$249,500	160 ft

Property History

Most Recent Sale

Date199209

Price$32,123

TypeOTHER – SEE CERTIFICATE OF REAL ESTATE VALUE (CRV)

Current Tax Year

Year2026

Tax Due$4,059