4404 3RD AVE S MINNEAPOLIS MN 55419

PID: 1002824430106

Property Overview

Parcel ID1002824430106

Lot Size5,439 sq ft (0.125 ac)

Lot Dimensions (est.)129 ft wide × 42 ft deep

Year Built1928

Property ClassRESIDENTIAL

OwnerWILLIAM LAURSEN 4404 LLC

Assessed Value$328,600

Land Value$101,000

Building Value$227,600

Annual Tax$5,068

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

Regina · Minneapolis

Median reported rent1,858/mo

Renter-occupied11.4%

Median home value$326K

Vacancy rate2.9%

ACS rents reflect current tenant leases and may differ from new market rents.

Source: 2022 ACS 5-Year Estimates · Census Tract 1109

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~2,863 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 2,863 sqft buildable area.

Est. units

Yield on cost

2.6%

Spread

-2.9%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
4400 3RD AVE S MINNEAPOLIS MN 55419	PATRICIA CARLSON	RESIDENTIAL	$423,200	42 ft
4408 3RD AVE S MINNEAPOLIS MN 55419	DUSTIN DERTINGER	RESIDENTIAL	$257,600	42 ft
4412 3RD AVE S MINNEAPOLIS MN 55419	KATE E TAYLOR-EDWARDS	RESIDENTIAL	$251,700	84 ft
211 44TH ST E MINNEAPOLIS MN 55409	ROBERT E WOLF	RESIDENTIAL	$251,800	99 ft
4416 3RD AVE S MINNEAPOLIS MN 55419	C M LYON & A S KENNEDY	RESIDENTIAL	$305,200	126 ft
4409 2ND AVE S MINNEAPOLIS MN 55419	W & A WILSON	RESIDENTIAL	$324,000	148 ft
4405 2ND AVE S MINNEAPOLIS MN 55419	L O WRIGHT & L L WRIGHT	RESIDENTIAL	$201,700	162 ft
4415 2ND AVE S MINNEAPOLIS MN 55419	L BAILEY & R WINGROVE	RESIDENTIAL	$313,400	165 ft
4401 2ND AVE S MINNEAPOLIS MN 55419	N A PADILLA & D LIN	RESIDENTIAL	$211,900	167 ft
4420 3RD AVE S MINNEAPOLIS MN 55419	ANTON L GREGERSEN	RESIDENTIAL	$340,000	168 ft

Property History

Most Recent Sale

Date199001

Price$40,511

TypeOTHER – SEE CERTIFICATE OF REAL ESTATE VALUE (CRV)

Current Tax Year

Year2026

Tax Due$5,068