4201 PARK AVE MINNEAPOLIS MN 55407

PID: 1102824320098

Property Overview

Parcel ID1102824320098

Lot Size3,957 sq ft (0.091 ac)

Lot Dimensions (est.)116 ft wide × 34 ft deep

Year Built1915

Property ClassRESIDENTIAL

OwnerC W RIPP & H TREPTOW

Assessed Value$317,800

Land Value$94,000

Building Value$223,800

Annual Tax$4,651

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 2020 · Most recent: May 2023 (res)

ResMay 2023Closed

Hero Home Services LLC

ExistresSep 2020Closed

UPTOWN PLUMBING HEATING AND COOLING

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

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 depth0 ft

Area~1,604 sqft

Lot dimensions are insufficient for the standard setbacks shown.

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 1,604 sqft buildable area.

Est. units

Yield on cost

2.1%

Spread

-3.4%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
4205 PARK AVE MINNEAPOLIS MN 55407	B KOELBEL & O COUGHLIN	RESIDENTIAL	$531,400	37 ft
4209 PARK AVE MINNEAPOLIS MN 55407	CHERYL K RIVINIUS	RESIDENTIAL	$340,300	77 ft
4213 PARK AVE MINNEAPOLIS MN 55407	KURT OKERMAN	RESIDENTIAL	$285,400	117 ft
4153 PARK AVE MINNEAPOLIS MN 55407	BRIDGET L MURPHY	RESIDENTIAL-TWO UNIT	$354,900	119 ft
4200 COLUMBUS AVE MINNEAPOLIS MN 55407	JOLENE DIANNE PAULSON BROWN	RESIDENTIAL	$314,500	130 ft
4204 COLUMBUS AVE MINNEAPOLIS MN 55407	BRUCE KONEWKO	RESIDENTIAL	$257,400	135 ft
4208 COLUMBUS AVE MINNEAPOLIS MN 55407	JODY KURPIERZ TRUST	RESIDENTIAL	$313,200	151 ft
4217 PARK AVE MINNEAPOLIS MN 55407	ANISHINAABE ENDAAD LLC	RESIDENTIAL	$325,100	157 ft
4149 PARK AVE MINNEAPOLIS MN 55407	B E SCHMELING & D D EASLER	RESIDENTIAL	$383,500	161 ft
4212 COLUMBUS AVE MINNEAPOLIS MN 55407	V SCHEFFLER & C STOCKMANN	RESIDENTIAL	$268,000	174 ft

Property History

Most Recent Sale

Date202208

Price$325,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$4,651