4255 1ST AVE S MINNEAPOLIS MN 55409

PID: 1002824420115

Property Overview

Parcel ID1002824420115

Lot Size4,553 sq ft (0.105 ac)

Lot Dimensions (est.)131 ft wide × 35 ft deep

Year Built1916

Property ClassRESIDENTIAL

OwnerKATHERINE E ENGSTROM ET AL

Assessed Value$214,500

Land Value$123,000

Building Value$91,500

Annual Tax$2,939

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

1 permit on record since 2026 · Most recent: Mar 2026 (res)

ResMar 2026Inspection

McQuillan Home Services 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

Front Street

On corner lots, the selected street determines which setbacks apply to each side.

Setbacks

Front20 ft

Interior side5 ft

Street side (est.)8 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width118 ft

Buildable depth0 ft

Area~1,979 sqft

Lot dimensions are insufficient for the standard setbacks shown.

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 1,979 sqft buildable area.

Est. units

Yield on cost

1.7%

Spread

-3.8%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
4251 1ST AVE S MINNEAPOLIS MN 55409	E C TSAI & E A ECKER-TSAI	RESIDENTIAL	$318,100	38 ft
4247 1ST AVE S MINNEAPOLIS MN 55409	JEDIDIAH A MEYER	RESIDENTIAL	$332,500	78 ft
4301 1ST AVE S MINNEAPOLIS MN 55409	NEW BEGINNINGS BAPTIST TAB	COMMERCIAL-PREFERRED	$0	114 ft
4243 1ST AVE S MINNEAPOLIS MN 55409	E S VOGEL TR/J L VOGEL TR	RESIDENTIAL	$433,900	117 ft
4254 STEVENS AVE MINNEAPOLIS MN 55409	TERRY L ZIEGENHAGEN	RESIDENTIAL	$319,200	143 ft
4250 STEVENS AVE MINNEAPOLIS MN 55409	JENNIFER KRUSE ET AL	RESIDENTIAL	$326,500	149 ft
4239 1ST AVE S MINNEAPOLIS MN 55409	C DESMOND & J L LESTER	RESIDENTIAL	$435,300	158 ft
4246 STEVENS AVE MINNEAPOLIS MN 55409	D L RICHMOND & K J RICHMOND	RESIDENTIAL	$290,700	164 ft
4309 1ST AVE S MINNEAPOLIS MN 55409	D M L PEREZ & A V BAUTISTA	RESIDENTIAL	$250,000	170 ft
4300 STEVENS AVE MINNEAPOLIS MN 55409	M P GARCES & T F NEHIL	RESIDENTIAL	$309,500	171 ft

Property History

Most Recent Sale

Date200809

Price$190,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$2,939