4449 2ND AVE S MINNEAPOLIS MN 55419

PID: 1002824430129

Property Overview

Parcel ID1002824430129

Lot Size5,426 sq ft (0.125 ac)

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

Year Built1920

Property ClassRESIDENTIAL

OwnerNERVANA RAMNARAIN

Assessed Value$203,700

Land Value$90,000

Building Value$113,700

Annual Tax$3,141

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

2 permits on record since 2017 · $10K total declared value · Most recent: Sep 2023 (misc)

MiscSep 2023Closed

$10K

Options Exteriors

ResJan 2017Closed

CENTERPOINT ENERGY

Source: Minneapolis open data. Declared construction values are applicant-reported and may not reflect actual project cost.

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 depth89 ft

Area~2,853 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 2,853 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
4453 2ND AVE S MINNEAPOLIS MN 55419	FABIOLA MARTINEZ MENDOZA	RESIDENTIAL	$288,200	42 ft
4445 2ND AVE S MINNEAPOLIS MN 55419	R E BELL & R R BELL	RESIDENTIAL	$260,200	42 ft
4441 2ND AVE S MINNEAPOLIS MN 55419	J E WENGE & K R WENGE	RESIDENTIAL	$294,500	84 ft
4437 2ND AVE S MINNEAPOLIS MN 55419	ASHLI POWERS	RESIDENTIAL	$209,500	126 ft
4448 3RD AVE S MINNEAPOLIS MN 55419	A SKIRKA & P SKIRKA	RESIDENTIAL	$298,500	141 ft
4452 3RD AVE S MINNEAPOLIS MN 55419	JAMES BENDA & ABBEY KESSLER	RESIDENTIAL	$298,600	146 ft
4501 2ND AVE S MINNEAPOLIS MN 55419	J J SETZER & N RAMOS	RESIDENTIAL	$279,800	147 ft
4444 3RD AVE S MINNEAPOLIS MN 55419	THOMAS ALLEN COLE JR	RESIDENTIAL	$258,100	148 ft
4440 3RD AVE S MINNEAPOLIS MN 55419	MILES DEATH & ELENA TSAKAKIS	RESIDENTIAL	$262,700	165 ft
4433 2ND AVE S MINNEAPOLIS MN 55419	ALBERTO GARCIA NAVA	RESIDENTIAL	$346,600	168 ft

Property History

Most Recent Sale

Date198902

Price$39,000

TypeOTHER – SEE CERTIFICATE OF REAL ESTATE VALUE (CRV)

Current Tax Year

Year2026

Tax Due$3,141