4508 5TH AVE S MINNEAPOLIS MN 55419

PID: 1002824440148

Property Overview

Parcel ID1002824440148

Lot Size7,769 sq ft (0.178 ac)

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

Year Built1949

Property ClassRESIDENTIAL

OwnerBRIDGE SFR IV SEED BRWR LLC

Assessed Value$249,000

Land Value$131,000

Building Value$118,000

Annual Tax$3,840

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 2018 · $4K total declared value · Most recent: Sep 2025 (res)

ResSep 2025Inspection

MN Plumbing & Home Services INC

ResMar 2021Closed

Asap Underground LLC

MiscJun 2018Closed

$4K

SBH LLC

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 depth89 ft

Area~4,472 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 4,472 sqft buildable area.

Est. units

Yield on cost

3.8%

Spread

-1.7%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
4512 5TH AVE S MINNEAPOLIS MN 55419	ER SOLUTIONS LLC	RESIDENTIAL	$265,100	50 ft
4500 5TH AVE S MINNEAPOLIS MN 55419	ERIC R BURNS & J M KRUEGER	RESIDENTIAL	$326,800	58 ft
4516 5TH AVE S MINNEAPOLIS MN 55419	HOME PROPERTIES LLC	RESIDENTIAL	$236,800	90 ft
4520 5TH AVE S MINNEAPOLIS MN 55419	L SOMERVILLE & J GUNDERSON	RESIDENTIAL	$348,600	130 ft
4509 4TH AVE S MINNEAPOLIS MN 55419	RHIANNON TIPPERY	RESIDENTIAL	$286,800	144 ft
4505 4TH AVE S MINNEAPOLIS MN 55419	MARLENE MUEHLBAUER	RESIDENTIAL	$275,100	145 ft
4515 4TH AVE S MINNEAPOLIS MN 55419	CHRISTINE KAO	RESIDENTIAL	$320,700	153 ft
4501 4TH AVE S MINNEAPOLIS MN 55419	ARLE J BULLERT	RESIDENTIAL	$249,000	157 ft
4456 5TH AVE S MINNEAPOLIS MN 55419	CYNTHIA ERIN ANDERSON	RESIDENTIAL	$355,400	163 ft
4524 5TH AVE S MINNEAPOLIS MN 55419	DEANNA M & BRIAN S VANHOUT	RESIDENTIAL	$312,600	170 ft

Property History

Most Recent Sale

Date201306

Price$96,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$3,840