4500 STEVENS AVE MINNEAPOLIS MN 55419

PID: 1002824430052

Property Overview

Parcel ID1002824430052

Lot Size6,031 sq ft (0.138 ac)

Lot Dimensions (est.)130 ft wide × 46 ft deep

Year Built1926

Property ClassRESIDENTIAL-TWO UNIT

OwnerBRIDGET MURPHY

Assessed Value$408,900

Land Value$112,000

Building Value$296,900

Annual Tax$7,765

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 2017 · $16K total declared value · Most recent: Sep 2021 (addition)

AdditionSep 2021Closed

$5K

Hage Construction Co

MiscNov 2017Closed

$3K

THE HOME DEPOT

MiscMay 2017Closed

$8K

MONARCH BUILDERS & COMMERCIAL SERVICES

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 55419

Median sale price$494K-4.7% YoY

Median price / sqft$270/sqft

Median days to close29 days

Active listings30

Source: Redfin Data Center (Invalid Date) · Zip 55419

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 width117 ft

Buildable depth6 ft

Area~3,005 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 3,005 sqft buildable area.

Est. units

Yield on cost

2.5%

Spread

-3.0%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
4504 STEVENS AVE MINNEAPOLIS MN 55419	BRANDON SIECK/WESLEY MOURI	RESIDENTIAL	$305,700	44 ft
4508 STEVENS AVE MINNEAPOLIS MN 55419	GREGORY PALM & ANDREW HOFFER	RESIDENTIAL	$232,000	86 ft
4452 STEVENS AVE MINNEAPOLIS MN 55419	SHANNON E MCMAHON	RESIDENTIAL	$284,500	104 ft
4512 STEVENS AVE MINNEAPOLIS MN 55419	R C & E N CLARK	RESIDENTIAL	$263,000	128 ft
4501 1ST AVE S MINNEAPOLIS MN 55419	HEATHER RAE HANNIG	RESIDENTIAL	$339,500	142 ft
4448 STEVENS AVE MINNEAPOLIS MN 55419	CHARLES CUNNINGHAM ET AL TR	RESIDENTIAL	$254,600	147 ft
4505 1ST AVE S MINNEAPOLIS MN 55419	E C THOMSEN & J A PAGE	RESIDENTIAL	$309,100	150 ft
4509 1ST AVE S MINNEAPOLIS MN 55419	KERRIE LEINMILLER-RENICK	RESIDENTIAL	$383,100	168 ft
4516 STEVENS AVE MINNEAPOLIS MN 55419	KENNETH N MCKEE	RESIDENTIAL	$262,500	170 ft
4453 1ST AVE S MINNEAPOLIS MN 55419	MARCIA A SITZ	RESIDENTIAL	$370,300	175 ft

Property History

Most Recent Sale

Date200901

Price$204,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$7,765