24 46TH ST E MINNEAPOLIS MN 55419

PID: 1002824430085

Property Overview

Parcel ID1002824430085

Lot Size3,708 sq ft (0.085 ac)

Lot Dimensions (est.)42 ft wide × 88 ft deep

Year Built1911

Property ClassRESIDENTIAL

OwnerF MACHADO & S MACHADO

Assessed Value$247,500

Land Value$85,000

Building Value$162,500

Annual Tax$4,046

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

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

UN3Urban Neighborhood 3

Urban Neighborhood 3 — medium-density residential

Typical Uses

·Apartment buildings
·Mixed-use with neighborhood retail

Max Height50 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.)10 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width27 ft

Buildable depth48 ft

Area~91 sqft

Estimates based on typical zoning setbacks. Actual requirements may vary by lot, overlay, or conditional approval.

Development Feasibility

Potentially Feasible

Back-of-envelope estimate based on sfr / adu benchmarks for 91 sqft buildable area.

Est. units

Yield on cost

9.5%

Spread

+4.0%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
20 46TH ST E MINNEAPOLIS MN 55419	R G HERNANDEZ & N AGUILERA	RESIDENTIAL	$188,800	42 ft
4544 1ST AVE S MINNEAPOLIS MN 55419	JOHN J LOEFFLER	RESIDENTIAL	$354,400	77 ft
14 46TH ST E MINNEAPOLIS MN 55419	STEPHEN MURRAY/ANDRA SUCHY	RESIDENTIAL	$247,200	83 ft
4540 1ST AVE S MINNEAPOLIS MN 55419	K R DALLUHN & E A DALLUHN	RESIDENTIAL	$237,000	114 ft
4600 1ST AVE S MINNEAPOLIS MN 55419	PAUL J FEDORA	RESIDENTIAL	$305,000	140 ft
4553 1ST AVE S MINNEAPOLIS MN 55419	J A ERICKSON & L ERICKSON	RESIDENTIAL	$319,200	147 ft
4549 1ST AVE S MINNEAPOLIS MN 55419	SETH ROYCE	RESIDENTIAL	$641,100	148 ft
4536 1ST AVE S MINNEAPOLIS MN 55419	JESSICA VERRALL	RESIDENTIAL	$252,900	154 ft
4545 1ST AVE S MINNEAPOLIS MN 55419	BRENT D LIEN	RESIDENTIAL	$239,500	160 ft
4604 1ST AVE S MINNEAPOLIS MN 55419	JOHN HOUGARD/DEENA P HOUGARD	RESIDENTIAL-TWO UNIT	$399,900	181 ft

Property History

Most Recent Sale

Date201311

Price$165,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$4,046