4027 COLUMBUS AVE MINNEAPOLIS MN 55407

PID: 1102824230163

Property Overview

Parcel ID1102824230163

Lot Size5,147 sq ft (0.118 ac)

Lot Dimensions (est.)121 ft wide × 43 ft deep

Year Built1917

Property ClassRESIDENTIAL

OwnerANGELA R ATHIAS

Assessed Value$209,600

Land Value$94,000

Building Value$115,600

Annual Tax$2,845

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

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

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 width32 ft

Buildable depth83 ft

Area~2,635 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 2,635 sqft buildable area.

Est. units

Yield on cost

3.5%

Spread

-2.0%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
4033 COLUMBUS AVE MINNEAPOLIS MN 55407	KATHERINE KAZAMA	RESIDENTIAL	$394,000	42 ft
4025 COLUMBUS AVE MINNEAPOLIS MN 55407	LISA D SONTAG	RESIDENTIAL	$377,400	43 ft
4037 COLUMBUS AVE MINNEAPOLIS MN 55407	THOMAS BORAAS	RESIDENTIAL	$365,700	85 ft
4021 COLUMBUS AVE MINNEAPOLIS MN 55407	ALISON M HELM/PETER A KLEIN	RESIDENTIAL	$264,300	85 ft
4041 COLUMBUS AVE MINNEAPOLIS MN 55407	N J SONTAG & N L BAUER	RESIDENTIAL	$301,900	127 ft
4017 COLUMBUS AVE MINNEAPOLIS MN 55407	PATRICIA D KANDAKAI	RESIDENTIAL	$222,300	128 ft
4028 CHICAGO AVE MINNEAPOLIS MN 55407	DAMON ELLIS	RESIDENTIAL-TWO UNIT	$329,400	135 ft
4024 CHICAGO AVE MINNEAPOLIS MN 55407	R B & L H BOWERS	RESIDENTIAL	$293,100	141 ft
4032 CHICAGO AVE MINNEAPOLIS MN 55407	FRANCIS BENJAMIN-REYES	RESIDENTIAL	$292,500	141 ft
4020 CHICAGO AVE MINNEAPOLIS MN 55407	ADAM R HAUS	RESIDENTIAL	$360,000	160 ft

Property History

Most Recent Sale

Date202302

Price$220,000

TypePROBATE DEED

Current Tax Year

Year2026

Tax Due$2,845