4448 5TH AVE S MINNEAPOLIS MN 55419

PID: 1002824440039

Property Overview

Parcel ID1002824440039

Lot Size5,186 sq ft (0.119 ac)

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

Year Built1927

Property ClassRESIDENTIAL

OwnerKAREN C MICKENS

Assessed Value$272,000

Land Value$111,000

Building Value$161,000

Annual Tax$3,886

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

3 permits on record since 2017 · $20K total declared value · Most recent: Aug 2021 (accessory)

AccessoryAug 2021Closed

$16K

Minneapolis Garage Builders, LLC

MiscApr 2021Closed

$4K

Sota Ridge Construction

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

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~2,688 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 2,688 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
4444 5TH AVE S MINNEAPOLIS MN 55419	MICHAEL TOMATZ	RESIDENTIAL	$264,700	40 ft
4452 5TH AVE S MINNEAPOLIS MN 55419	A G A-CAZALES/C A A-CAZALES	RESIDENTIAL	$269,000	40 ft
4456 5TH AVE S MINNEAPOLIS MN 55419	CYNTHIA ERIN ANDERSON	RESIDENTIAL	$355,400	77 ft
4440 5TH AVE S MINNEAPOLIS MN 55419	DENNIS M CLAUSSEN	RESIDENTIAL	$222,800	80 ft
4436 5TH AVE S MINNEAPOLIS MN 55419	BARBARA CALLENDER	RESIDENTIAL	$227,000	120 ft
4449 4TH AVE S MINNEAPOLIS MN 55419	COMMONGROWTH LLC	RESIDENTIAL	$209,200	143 ft
4445 4TH AVE S MINNEAPOLIS MN 55419	J P GUILLCATANDA HURTADO	RESIDENTIAL	$282,500	148 ft
4453 4TH AVE S MINNEAPOLIS MN 55419	WILSON SALTOS & ROSA PINOS	RESIDENTIAL	$287,600	149 ft
4432 5TH AVE S MINNEAPOLIS MN 55419	HAMILTON LAND DEV LLC	RESIDENTIAL	$258,000	160 ft
4441 4TH AVE S MINNEAPOLIS MN 55419	FELIX C PEDRAZA FLORES	RESIDENTIAL	$296,500	163 ft

Property History

Most Recent Sale

Date199811

Price$73,100

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$3,886