4208 PARK AVE MINNEAPOLIS MN 55407

PID: 1102824320011

Property Overview

Parcel ID1102824320011

Lot Size4,654 sq ft (0.107 ac)

Lot Dimensions (est.)116 ft wide × 40 ft deep

Year Built1912

Property ClassRESIDENTIAL

OwnerSUSAN E ESBJORNSON

Assessed Value$262,700

Land Value$111,000

Building Value$151,700

Annual Tax$3,731

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

2 permits on record since 2017 · Most recent: Jul 2022 (res)

ResJul 2022Closed

Urban Pine Plumbing and Mechanical Inc

ResFeb 2017Closed

EXCLUSIVE PLUMBING INC

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 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 width30 ft

Buildable depth76 ft

Area~2,289 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 2,289 sqft buildable area.

Est. units

Yield on cost

1.5%

Spread

-4.0%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
4212 PARK AVE MINNEAPOLIS MN 55407	SHARRON D AKEN	RESIDENTIAL	$312,800	40 ft
4204 PARK AVE MINNEAPOLIS MN 55407	M MYSZKA & N MYSZKA	RESIDENTIAL	$485,000	63 ft
631 42ND ST E MINNEAPOLIS MN 55407	M TUMA C J TUMA	RESIDENTIAL	$151,000	72 ft
4216 PARK AVE MINNEAPOLIS MN 55407	NAWAL BENSAAD	RESIDENTIAL	$411,800	80 ft
4220 PARK AVE MINNEAPOLIS MN 55407	J H JONES JR/R M FORD ET AL	RESIDENTIAL	$322,700	120 ft
4209 OAKLAND AVE MINNEAPOLIS MN 55407	EDITH F CAMPBELL	RESIDENTIAL	$264,400	130 ft
4205 OAKLAND AVE MINNEAPOLIS MN 55407	C A DOTEN & C E LASOTA	RESIDENTIAL	$318,300	135 ft
4215 OAKLAND AVE MINNEAPOLIS MN 55407	C B ELDER & M ELDER	RESIDENTIAL	$303,100	136 ft
629 42ND ST E MINNEAPOLIS MN 55407	THOMAS TAGGATZ JR	RESIDENTIAL	$213,200	152 ft
4217 OAKLAND AVE MINNEAPOLIS MN 55407	TYLER PONOZZO	RESIDENTIAL	$286,800	153 ft

Property History

Most Recent Sale

Date199212

Price$60,000

TypeOTHER – SEE CERTIFICATE OF REAL ESTATE VALUE (CRV)

Current Tax Year

Year2026

Tax Due$3,731