4310 1ST AVE S MINNEAPOLIS MN 55409

PID: 1002824420156

Property Overview

Parcel ID1002824420156

Lot Size4,679 sq ft (0.107 ac)

Lot Dimensions (est.)126 ft wide × 37 ft deep

Year Built1914

Property ClassRESIDENTIAL

OwnerSANDRA G WILLIAMS

Assessed Value$234,000

Land Value$123,000

Building Value$111,000

Annual Tax$3,444

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

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 width27 ft

Buildable depth86 ft

Area~2,334 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 small multifamily (2–4 units, wood frame) benchmarks for 2,334 sqft buildable area.

Est. units

Yield on cost

3.8%

Spread

-1.7%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
4308 1ST AVE S MINNEAPOLIS MN 55409	SARA CHURCH	RESIDENTIAL	$255,500	37 ft
4312 1ST AVE S MINNEAPOLIS MN 55409	ELIZABETH COPPLEMAN	RESIDENTIAL	$399,800	56 ft
4304 1ST AVE S MINNEAPOLIS MN 55409	R D A NOGUERA/ARDILA PRP LLC	RESIDENTIAL	$205,900	74 ft
4300 1ST AVE S MINNEAPOLIS MN 55409	T D LAWRENCE & M KILGORE	RESIDENTIAL	$328,900	111 ft
4318 1ST AVE S MINNEAPOLIS MN 55409	T S STEWART & S E STEWART	RESIDENTIAL	$426,200	113 ft
4311 NICOLLET AVE MINNEAPOLIS MN 55409	SOUTH UPTON PROPERTIES	RESIDENTIAL	$233,500	138 ft
4307 NICOLLET AVE MINNEAPOLIS MN 55409	SOUTH UPTON PROPERTIES PRTNR	RESIDENTIAL	$230,100	142 ft
4313 NICOLLET AVE MINNEAPOLIS MN 55409	SOUTH UPTON PROPERTIES LLC	RESIDENTIAL	$218,000	143 ft
4322 1ST AVE S MINNEAPOLIS MN 55409	DUSTIN JACOB	RESIDENTIAL	$366,700	153 ft
4317 NICOLLET AVE MINNEAPOLIS MN 55409	MICHAEL PELLIZZER	RESIDENTIAL	$223,000	158 ft

Property History

Current Tax Year

Year2026

Tax Due$3,444