4128 PARK AVE MINNEAPOLIS MN 55407

PID: 1102824230071

Property Overview

Parcel ID1102824230071

Lot Size4,748 sq ft (0.109 ac)

Lot Dimensions (est.)116 ft wide × 41 ft deep

Year Built1914

Property ClassRESIDENTIAL

OwnerJ BERRENS & L ANDERSON

Assessed Value$286,000

Land Value$80,000

Building Value$206,000

Annual Tax$4,135

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Development Opportunities

Opportunity ZoneHigh

Within a federally designated Qualified Opportunity Zone — investors may qualify for capital gains deferrals via a Qualified Opportunity Fund.

HUD Opportunity Zones ↗

Potential programs

Environmental Response FundMedium

Grants and loans for contamination assessment and cleanup on eligible redevelopment sites; does not indicate known contamination.

Minneapolis — Brownfield Grants ↗

Signals are based on public datasets; program eligibility requires verification.

Permit History

2 permits on record since 2024 · $11K total declared value · Most recent: Apr 2025 (misc)

MiscApr 2025Final Inspection

$7K

EVERGREEN CONSTRUCTION CO., INC.

MiscSep 2024Closed

$4K

BUILDERS AND REMODELERS INC

Source: Minneapolis open data. Declared construction values are applicant-reported and may not reflect actual project cost.

Neighborhood Profile

Bryant · Minneapolis

Median reported rent1,284/mo

Renter-occupied41.2%

Median home value$251K

Vacancy rate2.6%

ACS rents reflect current tenant leases and may differ from new market rents.

Source: 2022 ACS 5-Year Estimates · Census Tract 95

Market Snapshot

Zip code 55407

Median sale price$340K+1.5% YoY

Median price / sqft$214/sqft

Median days to close22 days

Active listings49

Source: Redfin Data Center (Invalid Date) · Zip 55407

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 width31 ft

Buildable depth76 ft

Area~2,350 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 2,350 sqft buildable area.

Est. units

Yield on cost

1.6%

Spread

-3.9%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
4132 PARK AVE MINNEAPOLIS MN 55407	PETER ALLEN & KATHY ALLEN	RESIDENTIAL-TWO UNIT	$446,600	41 ft
4124 PARK AVE MINNEAPOLIS MN 55407	B E CHIVERS ET AL REV TRUST	RESIDENTIAL	$388,700	42 ft
4136 PARK AVE MINNEAPOLIS MN 55407	L A LUOTO K J EVERSMAN	RESIDENTIAL	$347,400	82 ft
4120 PARK AVE MINNEAPOLIS MN 55407	L & E BLACKWELL	RESIDENTIAL	$289,700	84 ft
4140 PARK AVE MINNEAPOLIS MN 55407	SAMUEL D RICHARDSON	RESIDENTIAL	$305,900	123 ft
4116 PARK AVE MINNEAPOLIS MN 55407	E S BLATTNER & T L BIRKE	RESIDENTIAL-TWO UNIT	$449,400	125 ft
4129 OAKLAND AVE MINNEAPOLIS MN 55407	JANICE M MACHAU	RESIDENTIAL	$239,600	130 ft
4125 OAKLAND AVE MINNEAPOLIS MN 55407	K KEILTY-LUCAS & N KEILTY	RESIDENTIAL	$224,000	136 ft
4133 OAKLAND AVE MINNEAPOLIS MN 55407	LUCAS VACHON & LAURA VACHON	RESIDENTIAL	$318,500	136 ft
4137 OAKLAND AVE MINNEAPOLIS MN 55407	ATHANASIUS LLC	RESIDENTIAL-TWO UNIT	$268,300	153 ft

Property History

Most Recent Sale

Date202508

Price$290,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$4,135