4501 2ND AVE S MINNEAPOLIS MN 55419

PID: 1002824430148

Property Overview

Parcel ID1002824430148

Lot Size5,940 sq ft (0.136 ac)

Lot Dimensions (est.)129 ft wide × 46 ft deep

Year Built1950

Property ClassRESIDENTIAL

OwnerJ J SETZER & N RAMOS

Assessed Value$279,800

Land Value$93,000

Building Value$186,800

Annual Tax$4,016

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

Front Street

On corner lots, the selected street determines which setbacks apply to each side.

Setbacks

Front20 ft

Interior side5 ft

Street side (est.)8 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width116 ft

Buildable depth6 ft

Area~2,940 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 2,940 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
4505 2ND AVE S MINNEAPOLIS MN 55419	S CHYEREZ & C CHYEREZ	RESIDENTIAL-TWO UNIT	$320,100	44 ft
4509 2ND AVE S MINNEAPOLIS MN 55419	PATRICIA M MARKUN-HEARD ETAL	RESIDENTIAL	$208,100	86 ft
4453 2ND AVE S MINNEAPOLIS MN 55419	FABIOLA MARTINEZ MENDOZA	RESIDENTIAL	$288,200	104 ft
4513 2ND AVE S MINNEAPOLIS MN 55419	JAVELL CLAY	RESIDENTIAL	$287,100	128 ft
4500 3RD AVE S MINNEAPOLIS MN 55419	GARY WICK	RESIDENTIAL	$210,900	141 ft
4449 2ND AVE S MINNEAPOLIS MN 55419	NERVANA RAMNARAIN	RESIDENTIAL	$203,700	147 ft
4504 3RD AVE S MINNEAPOLIS MN 55419	OAKHAVEN HOUSING LLC	LOW INCOME RENTAL	$281,200	147 ft
4508 3RD AVE S MINNEAPOLIS MN 55419	ALEJANDRINA VASQUEZ CRESPO	RESIDENTIAL	$225,000	163 ft
4517 2ND AVE S MINNEAPOLIS MN 55419	G M DOMINGUEZ & A RODRIGUEZ	RESIDENTIAL	$307,300	170 ft
4452 3RD AVE S MINNEAPOLIS MN 55419	JAMES BENDA & ABBEY KESSLER	RESIDENTIAL	$298,600	177 ft

Property History

Most Recent Sale

Date202007

Price$223,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$4,016