4509 1ST AVE S MINNEAPOLIS MN 55419

PID: 1002824430063

Property Overview

Parcel ID1002824430063

Lot Size5,482 sq ft (0.126 ac)

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

Year Built1920

Property ClassRESIDENTIAL

OwnerKERRIE LEINMILLER-RENICK

Assessed Value$383,100

Land Value$136,000

Building Value$247,100

Annual Tax$5,761

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 · $2K total declared value · Most recent: Feb 2026 (existres)

ExistresFeb 2026Inspection

The Snelling Co Inc

RemodelAug 2018Closed

$2K

METROPRO INC

ResJan 2017Closed

CENTERPOINT ENERGY

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 depth91 ft

Area~2,896 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 2,896 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
4513 1ST AVE S MINNEAPOLIS MN 55419	JILL E MCLEAN	RESIDENTIAL	$318,400	42 ft
4505 1ST AVE S MINNEAPOLIS MN 55419	E C THOMSEN & J A PAGE	RESIDENTIAL	$309,100	42 ft
4515 1ST AVE S MINNEAPOLIS MN 55419	M R ARENDS/W G ARENDS ET AL	RESIDENTIAL	$309,800	84 ft
4501 1ST AVE S MINNEAPOLIS MN 55419	HEATHER RAE HANNIG	RESIDENTIAL	$339,500	86 ft
4521 1ST AVE S MINNEAPOLIS MN 55419	J M CIINSKI & D K CIZINSKI	RESIDENTIAL	$321,500	126 ft
4508 STEVENS AVE MINNEAPOLIS MN 55419	GREGORY PALM & ANDREW HOFFER	RESIDENTIAL	$232,000	142 ft
4512 STEVENS AVE MINNEAPOLIS MN 55419	R C & E N CLARK	RESIDENTIAL	$263,000	148 ft
4504 STEVENS AVE MINNEAPOLIS MN 55419	BRANDON SIECK/WESLEY MOURI	RESIDENTIAL	$305,700	149 ft
4516 STEVENS AVE MINNEAPOLIS MN 55419	KENNETH N MCKEE	RESIDENTIAL	$262,500	164 ft
4500 STEVENS AVE MINNEAPOLIS MN 55419	BRIDGET MURPHY	RESIDENTIAL-TWO UNIT	$408,900	168 ft

Property History

Most Recent Sale

Date202011

Price$349,500

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$5,761