4534 STEVENS AVE MINNEAPOLIS MN 55419

PID: 1002824430092

Property Overview

Parcel ID1002824430092

Lot Size5,474 sq ft (0.126 ac)

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

Year Built1921

Property ClassRESIDENTIAL

OwnerTERESA L E MEYER

Assessed Value$250,300

Land Value$107,000

Building Value$143,300

Annual Tax$3,538

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

4 permits on record since 2017 · $25K total declared value · Most recent: Sep 2021 (misc)

MiscSep 2021Closed

$12K

Precision Exteriors Restoration LLC

MiscSep 2021Closed

$10K

Precision Exteriors Restoration LLC

AdditionApr 2018Closed

$3K

Urban Concrete Works LLC

ResMar 2017Closed

Urban Pine Plumbing and Mechanical Inc

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

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 width32 ft

Buildable depth90 ft

Area~2,890 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 2,890 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
4532 STEVENS AVE MINNEAPOLIS MN 55419	CORI L KREBS	RESIDENTIAL	$265,000	42 ft
4536 STEVENS AVE MINNEAPOLIS MN 55419	D & N DWYER	RESIDENTIAL	$286,900	42 ft
4524 STEVENS AVE MINNEAPOLIS MN 55419	YASHER TRUST	RESIDENTIAL	$222,400	84 ft
4540 STEVENS AVE MINNEAPOLIS MN 55419	SHAWN R DAVIS	RESIDENTIAL	$282,600	84 ft
4520 STEVENS AVE MINNEAPOLIS MN 55419	V O NAPUE & J L NAPUE TRSTES	RESIDENTIAL	$306,400	126 ft
4544 STEVENS AVE MINNEAPOLIS MN 55419	C AMUNDSON-MUNOZ ET AL	RESIDENTIAL	$252,600	126 ft
4533 1ST AVE S MINNEAPOLIS MN 55419	CASEY CAMBRIDGE	RESIDENTIAL	$205,600	142 ft
4529 1ST AVE S MINNEAPOLIS MN 55419	CHARMAINE M VILLNEAUVE	RESIDENTIAL	$245,300	147 ft
4537 1ST AVE S MINNEAPOLIS MN 55419	KRISTIN HODNEFIELD	RESIDENTIAL	$262,300	149 ft
4525 1ST AVE S MINNEAPOLIS MN 55419	SETH A MANNING	RESIDENTIAL	$316,700	164 ft

Property History

Most Recent Sale

Date199412

Price$59,000

TypeOTHER – SEE CERTIFICATE OF REAL ESTATE VALUE (CRV)

Current Tax Year

Year2026

Tax Due$3,538