4420 5TH AVE S MINNEAPOLIS MN 55419

PID: 1002824440032

Property Overview

Parcel ID1002824440032

Lot Size7,791 sq ft (0.179 ac)

Lot Dimensions (est.)130 ft wide × 60 ft deep

Year Built1932

Property ClassRESIDENTIAL

OwnerGERTHA COCHRAN

Assessed Value$259,900

Land Value$131,000

Building Value$128,900

Annual Tax$3,684

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

6 permits on record since 2018 · $45K total declared value · Most recent: Nov 2024 (remodel)

RemodelNov 2024Closed

$22K

Access Design + Build LLC

ExistresNov 2024Closed

Binder Heating and Air Conditioning Inc

ResNov 2024Closed

Piperight Plumbing Inc

MiscAug 2024Closed

$12K

Warner Restoration LLC

MiscSep 2022Closed

$10K

WINDOW WORLD

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

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 width50 ft

Buildable depth90 ft

Area~4,490 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 4,490 sqft buildable area.

Est. units

Yield on cost

3.7%

Spread

-1.8%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
4424 5TH AVE S MINNEAPOLIS MN 55419	L R ROJAS & P L PINEDA	RESIDENTIAL	$312,900	50 ft
4412 5TH AVE S MINNEAPOLIS MN 55419	ROBIN L WETZEL	RESIDENTIAL	$244,000	60 ft
4428 5TH AVE S MINNEAPOLIS MN 55419	BENJAMIN STAFFORD	RESIDENTIAL	$249,600	90 ft
4408 5TH AVE S MINNEAPOLIS MN 55419	WILSON CARPIO	RESIDENTIAL	$203,100	105 ft
4432 5TH AVE S MINNEAPOLIS MN 55419	HAMILTON LAND DEV LLC	RESIDENTIAL	$258,000	130 ft
4406 5TH AVE S MINNEAPOLIS MN 55419	JOEL A ENRIGHT	RESIDENTIAL	$245,500	135 ft
4421 4TH AVE S MINNEAPOLIS MN 55419	LIONEL B DAVIS	RESIDENTIAL	$271,300	144 ft
4417 4TH AVE S MINNEAPOLIS MN 55419	GEORGE POWELL JR	RESIDENTIAL	$285,600	146 ft
4425 4TH AVE S MINNEAPOLIS MN 55419	ALBERTA KELLY	RESIDENTIAL	$198,000	153 ft
4415 4TH AVE S MINNEAPOLIS MN 55419	S R WIRTH & S M WIRTH	RESIDENTIAL	$244,300	158 ft

Property History

Current Tax Year

Year2026

Tax Due$3,684