4209 PARK AVE MINNEAPOLIS MN 55407

PID: 1102824320096

Property Overview

Parcel ID1102824320096

Lot Size4,657 sq ft (0.107 ac)

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

Year Built1920

Property ClassRESIDENTIAL

OwnerCHERYL K RIVINIUS

Assessed Value$340,300

Land Value$111,000

Building Value$229,300

Annual Tax$5,026

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

No permits found in Minneapolis open data for this parcel.

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~2,292 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 2,292 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
4213 PARK AVE MINNEAPOLIS MN 55407	KURT OKERMAN	RESIDENTIAL	$285,400	40 ft
4205 PARK AVE MINNEAPOLIS MN 55407	B KOELBEL & O COUGHLIN	RESIDENTIAL	$531,400	40 ft
4201 PARK AVE MINNEAPOLIS MN 55407	C W RIPP & H TREPTOW	RESIDENTIAL	$317,800	77 ft
4217 PARK AVE MINNEAPOLIS MN 55407	ANISHINAABE ENDAAD LLC	RESIDENTIAL	$325,100	80 ft
4221 PARK AVE MINNEAPOLIS MN 55407	RAYEANN & JAMES E BRYAN	RESIDENTIAL	$302,400	120 ft
4208 COLUMBUS AVE MINNEAPOLIS MN 55407	JODY KURPIERZ TRUST	RESIDENTIAL	$313,200	130 ft
4204 COLUMBUS AVE MINNEAPOLIS MN 55407	BRUCE KONEWKO	RESIDENTIAL	$257,400	136 ft
4212 COLUMBUS AVE MINNEAPOLIS MN 55407	V SCHEFFLER & C STOCKMANN	RESIDENTIAL	$268,000	136 ft
4200 COLUMBUS AVE MINNEAPOLIS MN 55407	JOLENE DIANNE PAULSON BROWN	RESIDENTIAL	$314,500	152 ft
4216 COLUMBUS AVE MINNEAPOLIS MN 55407	A NUUTINEN & K SOBOTTKA	RESIDENTIAL	$325,200	152 ft

Property History

Most Recent Sale

Date200007

Price$99,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$5,026