4250 STEVENS AVE MINNEAPOLIS MN 55409

PID: 1002824420113

Property Overview

Parcel ID1002824420113

Lot Size5,269 sq ft (0.121 ac)

Lot Dimensions (est.)131 ft wide × 40 ft deep

Year Built1925

Property ClassRESIDENTIAL

OwnerJENNIFER KRUSE ET AL

Assessed Value$326,500

Land Value$105,000

Building Value$221,500

Annual Tax$4,813

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 2020 · $19K total declared value · Most recent: Aug 2021 (accessory)

AccessoryAug 2021Closed

$19K

Minneapolis Garage Builders, LLC

ExistresDec 2020Closed

Blue Ox Heating and Air LLC

ExistresDec 2020Closed

Blue Ox Heating and Air 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

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~2,751 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 2,751 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
4254 STEVENS AVE MINNEAPOLIS MN 55409	TERRY L ZIEGENHAGEN	RESIDENTIAL	$319,200	38 ft
4246 STEVENS AVE MINNEAPOLIS MN 55409	D L RICHMOND & K J RICHMOND	RESIDENTIAL	$290,700	40 ft
4242 STEVENS AVE MINNEAPOLIS MN 55409	PHYLLIS J DOYLE	RESIDENTIAL	$257,400	80 ft
4238 STEVENS AVE MINNEAPOLIS MN 55409	S F HIGGINS & R B COATE	RESIDENTIAL	$287,100	120 ft
4300 STEVENS AVE MINNEAPOLIS MN 55409	M P GARCES & T F NEHIL	RESIDENTIAL	$309,500	133 ft
4251 1ST AVE S MINNEAPOLIS MN 55409	E C TSAI & E A ECKER-TSAI	RESIDENTIAL	$318,100	143 ft
4247 1ST AVE S MINNEAPOLIS MN 55409	JEDIDIAH A MEYER	RESIDENTIAL	$332,500	148 ft
4255 1ST AVE S MINNEAPOLIS MN 55409	KATHERINE E ENGSTROM ET AL	RESIDENTIAL	$214,500	149 ft
4234 STEVENS AVE MINNEAPOLIS MN 55409	BRYAN ISCHE	RESIDENTIAL	$272,900	160 ft
4243 1ST AVE S MINNEAPOLIS MN 55409	E S VOGEL TR/J L VOGEL TR	RESIDENTIAL	$433,900	163 ft

Property History

Most Recent Sale

Date201511

Price$189,900

TypePROBATE DEED

Current Tax Year

Year2026

Tax Due$4,813