4004 PARK AVE MINNEAPOLIS MN 55407

PID: 1102824230115

Property Overview

Parcel ID1102824230115

Lot Size4,831 sq ft (0.111 ac)

Lot Dimensions (est.)116 ft wide × 42 ft deep

Year Built1917

Property ClassRESIDENTIAL

OwnerMYRTICE A ORR

Assessed Value$325,000

Land Value$80,000

Building Value$245,000

Annual Tax$4,770

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 ↗

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 ↗

Area of Concentrated PovertyHigh

In an ACP50 area — a Minneapolis priority designation that increases scoring for Great Streets gap financing, Affordable Housing Trust Fund, and other CPED programs.

Minneapolis — Affordable Housing Trust Fund ↗

Potential programs

Great Streets Gap FinancingMedium

Below-market loans for commercial real estate development and rehabilitation on eligible corridors; priority given to Green Zone and ACP50 locations.

Minneapolis Great Streets — Gap Financing ↗

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 ↗

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

No permits found in Minneapolis open data for this parcel.

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 width32 ft

Buildable depth75 ft

Area~2,406 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 2,406 sqft buildable area.

Est. units

Yield on cost

3.1%

Spread

-2.4%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
4008 PARK AVE MINNEAPOLIS MN 55407	CALVIN PUPKES	RESIDENTIAL	$398,900	41 ft
4000 PARK AVE MINNEAPOLIS MN 55407	JERRY E DOUGLAS	RESIDENTIAL	$229,200	41 ft
4012 PARK AVE MINNEAPOLIS MN 55407	PETER MITTENDORFF	RESIDENTIAL	$323,200	83 ft
4016 PARK AVE MINNEAPOLIS MN 55407	LIBIA WEBSTER	RESIDENTIAL	$258,900	124 ft
4005 OAKLAND AVE MINNEAPOLIS MN 55407	ELANA E DAWSON	RESIDENTIAL	$301,700	130 ft
4001 OAKLAND AVE MINNEAPOLIS MN 55407	SYLVESTER TAYLOR	RESIDENTIAL	$167,500	136 ft
4009 OAKLAND AVE MINNEAPOLIS MN 55407	MICHAEL BURTON	RESIDENTIAL	$330,600	137 ft
4015 OAKLAND AVE MINNEAPOLIS MN 55407	D S LAGERROOS/M B LAGERROOS	RESIDENTIAL	$293,100	154 ft
3952 PARK AVE MINNEAPOLIS MN 55407	BRENDA M BALLING	RESIDENTIAL-TWO UNIT	$365,900	162 ft
4020 PARK AVE MINNEAPOLIS MN 55407	STACEY LYNN COMBS	RESIDENTIAL	$336,500	166 ft

Property History

Current Tax Year

Year2026

Tax Due$4,770