4525 1ST AVE S MINNEAPOLIS MN 55419

PID: 1002824430059

Property Overview

Parcel ID1002824430059

Lot Size5,477 sq ft (0.126 ac)

Lot Dimensions (est.)130 ft wide × 42 ft deep

Year Built1921

Property ClassRESIDENTIAL

OwnerSETH A MANNING

Assessed Value$316,700

Land Value$136,000

Building Value$180,700

Annual Tax$6,237

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

8 permits on record since 2017 · $20K total declared value · Most recent: May 2024 (res)

ResMay 2024Closed

BONFES PLUMBING HEATING AND AIR SERVICE INC

MiscSep 2023Closed

$8K

Twin Cities Roofing

ResDec 2019Closed

Spriggs Inc

RemodelDec 2019Closed

$10K

Spectrum Renovations LLC

ExistresNov 2019Closed

Ray N Welter Heating Co

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

Setbacks

Front20 ft

Side (each)5 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width32 ft

Buildable depth90 ft

Area~2,892 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 2,892 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
4521 1ST AVE S MINNEAPOLIS MN 55419	J M CIINSKI & D K CIZINSKI	RESIDENTIAL	$321,500	42 ft
4529 1ST AVE S MINNEAPOLIS MN 55419	CHARMAINE M VILLNEAUVE	RESIDENTIAL	$245,300	42 ft
4515 1ST AVE S MINNEAPOLIS MN 55419	M R ARENDS/W G ARENDS ET AL	RESIDENTIAL	$309,800	84 ft
4533 1ST AVE S MINNEAPOLIS MN 55419	CASEY CAMBRIDGE	RESIDENTIAL	$205,600	84 ft
4513 1ST AVE S MINNEAPOLIS MN 55419	JILL E MCLEAN	RESIDENTIAL	$318,400	126 ft
4537 1ST AVE S MINNEAPOLIS MN 55419	KRISTIN HODNEFIELD	RESIDENTIAL	$262,300	126 ft
4524 STEVENS AVE MINNEAPOLIS MN 55419	YASHER TRUST	RESIDENTIAL	$222,400	142 ft
4532 STEVENS AVE MINNEAPOLIS MN 55419	CORI L KREBS	RESIDENTIAL	$265,000	147 ft
4520 STEVENS AVE MINNEAPOLIS MN 55419	V O NAPUE & J L NAPUE TRSTES	RESIDENTIAL	$306,400	149 ft
4534 STEVENS AVE MINNEAPOLIS MN 55419	TERESA L E MEYER	RESIDENTIAL	$250,300	164 ft

Property History

Most Recent Sale

Date200904

Price$183,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$6,237