4500 5TH AVE S MINNEAPOLIS MN 55419

PID: 1002824440147

Property Overview

Parcel ID1002824440147

Lot Size7,194 sq ft (0.165 ac)

Lot Dimensions (est.)130 ft wide × 55 ft deep

Year Built1951

Property ClassRESIDENTIAL

OwnerERIC R BURNS & J M KRUEGER

Assessed Value$326,800

Land Value$127,000

Building Value$199,800

Annual Tax$5,040

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

1 permit on record since 2018 · Most recent: Apr 2018 (res)

ResApr 2018Closed

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

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 width117 ft

Buildable depth15 ft

Area~3,807 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 3,807 sqft buildable area.

Est. units

Yield on cost

3.9%

Spread

-1.6%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
4508 5TH AVE S MINNEAPOLIS MN 55419	BRIDGE SFR IV SEED BRWR LLC	RESIDENTIAL	$249,000	58 ft
4456 5TH AVE S MINNEAPOLIS MN 55419	CYNTHIA ERIN ANDERSON	RESIDENTIAL	$355,400	105 ft
4512 5TH AVE S MINNEAPOLIS MN 55419	ER SOLUTIONS LLC	RESIDENTIAL	$265,100	108 ft
4452 5TH AVE S MINNEAPOLIS MN 55419	A G A-CAZALES/C A A-CAZALES	RESIDENTIAL	$269,000	142 ft
4501 4TH AVE S MINNEAPOLIS MN 55419	ARLE J BULLERT	RESIDENTIAL	$249,000	143 ft
4505 4TH AVE S MINNEAPOLIS MN 55419	MARLENE MUEHLBAUER	RESIDENTIAL	$275,100	146 ft
4516 5TH AVE S MINNEAPOLIS MN 55419	HOME PROPERTIES LLC	RESIDENTIAL	$236,800	148 ft
4509 4TH AVE S MINNEAPOLIS MN 55419	RHIANNON TIPPERY	RESIDENTIAL	$286,800	160 ft
4457 4TH AVE S MINNEAPOLIS MN 55419	IVAN ROSEN	RESIDENTIAL	$234,000	176 ft
4515 4TH AVE S MINNEAPOLIS MN 55419	CHRISTINE KAO	RESIDENTIAL	$320,700	181 ft

Property History

Most Recent Sale

Date201606

Price$225,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$5,040