4425 3RD AVE S MINNEAPOLIS MN 55419

PID: 1002824440102

Property Overview

Parcel ID1002824440102

Lot Size5,131 sq ft (0.118 ac)

Lot Dimensions (est.)128 ft wide × 40 ft deep

Year Built1932

Property ClassRESIDENTIAL

OwnerASHA OMAR

Assessed Value$261,800

Land Value$97,000

Building Value$164,800

Annual Tax$3,884

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

7 permits on record since 2016 · $30K total declared value · Most recent: Jan 2026 (res)

ResJan 2026Inspection

MN Plumbing & Home Services INC

MiscAug 2025Closed

$8K

LEGACY RESTORATION LLC

MiscOct 2020Closed

$700

RENOVATE REMODELING

AccessoryMay 2019Closed

$13K

Minneapolis Garage Builders, LLC

RemodelMay 2017Closed

$800

RENOVATE REMODELING

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 width30 ft

Buildable depth88 ft

Area~2,648 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 2,648 sqft buildable area.

Est. units

Yield on cost

2.8%

Spread

-2.7%

Loading map…

Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
4429 3RD AVE S MINNEAPOLIS MN 55419	MICHELE SCOTT & JIMMY SCOTT	RESIDENTIAL	$260,800	40 ft
4421 3RD AVE S MINNEAPOLIS MN 55419	JAYNE L SCHIFSKY	RESIDENTIAL	$325,500	40 ft
4433 3RD AVE S MINNEAPOLIS MN 55419	MARTIN RUBEN	RESIDENTIAL	$236,800	80 ft
4417 3RD AVE S MINNEAPOLIS MN 55419	KARL A JOHNSON & K L JOHNSON	RESIDENTIAL	$301,000	80 ft
4415 3RD AVE S MINNEAPOLIS MN 55419	ELIZABETH S VOHS	RESIDENTIAL	$438,100	120 ft
4437 3RD AVE S MINNEAPOLIS MN 55419	BARBARA D STURDIVANT	RESIDENTIAL	$377,900	130 ft
4424 CLINTON AVE MINNEAPOLIS MN 55419	HEATHER JUNO/CLIFF JUNO	RESIDENTIAL	$275,700	142 ft
4428 CLINTON AVE MINNEAPOLIS MN 55419	JAMES HOLDEN & WIFE	RESIDENTIAL	$256,000	147 ft
4420 CLINTON AVE MINNEAPOLIS MN 55419	JULIA A BLOUNT	RESIDENTIAL	$294,000	148 ft
4432 CLINTON AVE MINNEAPOLIS MN 55419	ERIKA VELAZQUEZ	RESIDENTIAL	$239,100	162 ft

Property History

Most Recent Sale

Date202110

Price$295,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$3,884