4053 PARK AVE MINNEAPOLIS MN 55407

PID: 1102824230185

Property Overview

Parcel ID1102824230185

Lot Size4,986 sq ft (0.114 ac)

Lot Dimensions (est.)116 ft wide × 43 ft deep

Year Built1914

Property ClassRESIDENTIAL

OwnerPATTY L CRAWFORD

Assessed Value$365,000

Land Value$82,000

Building Value$283,000

Annual Tax$5,437

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

5 permits on record since 2020 · $17K total declared value · Most recent: Aug 2025 (misc)

MiscAug 2025Closed

$16K

NOKOMIS ROOFING CO

ResMar 2025Inspection

Warners Stellian Co Inc

RemodelDec 2024Closed

$1K

Homecare Remodel LLC

ResOct 2024Closed

Southtown Plumbing Inc

ResFeb 2020Closed

CenterPoint Energy Resource Corp

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

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 width103 ft

Buildable depth3 ft

Area~2,279 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 2,279 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
4049 PARK AVE MINNEAPOLIS MN 55407	AMY VAUGHAN & TY GOSSETT	RESIDENTIAL	$360,400	43 ft
4045 PARK AVE MINNEAPOLIS MN 55407	ELISABETH ANNE PLETCHER	RESIDENTIAL	$346,100	85 ft
4101 PARK AVE MINNEAPOLIS MN 55407	M R PEAK & S S PUTNEY	RESIDENTIAL	$291,600	106 ft
4041 PARK AVE MINNEAPOLIS MN 55407	M T GUIDRY & J A GUIDRY	RESIDENTIAL	$384,100	128 ft
4052 COLUMBUS AVE MINNEAPOLIS MN 55407	I LANDRUM & N WILLIAMS	RESIDENTIAL	$298,600	130 ft
4048 COLUMBUS AVE MINNEAPOLIS MN 55407	J CHALLBERG & L B CHALLBERG	RESIDENTIAL	$425,800	137 ft
4105 PARK AVE MINNEAPOLIS MN 55407	KELLY J MCNULTY	RESIDENTIAL	$312,300	151 ft
4044 COLUMBUS AVE MINNEAPOLIS MN 55407	N G MARKLIN/J M APPEL TR	RESIDENTIAL	$254,500	155 ft
4100 COLUMBUS AVE MINNEAPOLIS MN 55407	LYNN RITA DAVIS	RESIDENTIAL	$367,600	167 ft
4037 PARK AVE MINNEAPOLIS MN 55407	LORI ANNE SANDOVAL	RESIDENTIAL	$348,200	170 ft

Property History

Most Recent Sale

Date198411

Price$62,500

TypeOTHER – SEE CERTIFICATE OF REAL ESTATE VALUE (CRV)

Current Tax Year

Year2026

Tax Due$5,437