4428 5TH AVE S MINNEAPOLIS MN 55419

PID: 1002824440034

Property Overview

Parcel ID1002824440034

Lot Size5,191 sq ft (0.119 ac)

Lot Dimensions (est.)130 ft wide × 40 ft deep

Year Built1925

Property ClassRESIDENTIAL

OwnerBENJAMIN STAFFORD

Assessed Value$249,600

Land Value$111,000

Building Value$138,600

Annual Tax$3,512

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

7 permits on record since 2018 · $4K total declared value · Most recent: Mar 2022 (existres)

ExistresMar 2022Closed

Residential Heating and Air Conditioning Inc

ResFeb 2022Closed

Urban Pine Plumbing and Mechanical Inc

ExistresDec 2019Closed

Pronto Heating & Air Conditioning Inc

ResAug 2019Closed

Larson Plumbing Inc

RemodelAug 2019Closed

$2K

CAPELLA CONTRACTING LLC DBA MIDWEST EGRESS

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 width30 ft

Buildable depth90 ft

Area~2,693 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 2,693 sqft buildable area.

Est. units

Yield on cost

3.4%

Spread

-2.1%

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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	40 ft
4432 5TH AVE S MINNEAPOLIS MN 55419	HAMILTON LAND DEV LLC	RESIDENTIAL	$258,000	40 ft
4436 5TH AVE S MINNEAPOLIS MN 55419	BARBARA CALLENDER	RESIDENTIAL	$227,000	80 ft
4420 5TH AVE S MINNEAPOLIS MN 55419	GERTHA COCHRAN	RESIDENTIAL	$259,900	90 ft
4440 5TH AVE S MINNEAPOLIS MN 55419	DENNIS M CLAUSSEN	RESIDENTIAL	$222,800	120 ft
4429 4TH AVE S MINNEAPOLIS MN 55419	A E GAKE & C NELSON	RESIDENTIAL	$368,600	144 ft
4425 4TH AVE S MINNEAPOLIS MN 55419	ALBERTA KELLY	RESIDENTIAL	$198,000	148 ft
4412 5TH AVE S MINNEAPOLIS MN 55419	ROBIN L WETZEL	RESIDENTIAL	$244,000	150 ft
4433 4TH AVE S MINNEAPOLIS MN 55419	KELSEY R OAKES	RESIDENTIAL	$296,900	150 ft
4444 5TH AVE S MINNEAPOLIS MN 55419	MICHAEL TOMATZ	RESIDENTIAL	$264,700	160 ft

Property History

Most Recent Sale

Date202104

Price$267,500

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$3,512