4351 COLUMBUS AVE MINNEAPOLIS MN 55407

PID: 1102824320166

Property Overview

Parcel ID1102824320166

Lot Size4,919 sq ft (0.113 ac)

Lot Dimensions (est.)123 ft wide × 40 ft deep

Year Built1908

Property ClassRESIDENTIAL

OwnerMARK D JONES

Assessed Value$243,200

Land Value$120,000

Building Value$123,200

Annual Tax$3,405

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

1 permit on record since 2024 · Most recent: Feb 2024 (res)

ResFeb 2024Closed

CenterPoint Energy Resource Corp

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

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 width30 ft

Buildable depth83 ft

Area~2,489 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 2,489 sqft buildable area.

Est. units

Yield on cost

3.6%

Spread

-1.9%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
4347 COLUMBUS AVE MINNEAPOLIS MN 55407	JANIS A HUNTER	RESIDENTIAL	$265,700	40 ft
4353 COLUMBUS AVE MINNEAPOLIS MN 55407	CEDERSTROM RENTALS LLC	RESIDENTIAL-TWO UNIT	$368,800	49 ft
4343 COLUMBUS AVE MINNEAPOLIS MN 55407	T BACH-JOHNSON & M J RUMORE	RESIDENTIAL	$296,100	80 ft
4339 COLUMBUS AVE MINNEAPOLIS MN 55407	SALLY E PETERS	RESIDENTIAL	$201,000	120 ft
4348 CHICAGO AVE MINNEAPOLIS MN 55407	G F ALCENAT & L ALCENAT	RESIDENTIAL-TWO UNIT	$411,200	135 ft
4344 CHICAGO AVE MINNEAPOLIS MN 55407	FRINO ALCENAT	RESIDENTIAL-TWO UNIT	$455,000	141 ft
4354 CHICAGO AVE MINNEAPOLIS MN 55407	ANNA C LEMKE TRUST	RESIDENTIAL	$497,100	143 ft
4340 CHICAGO AVE MINNEAPOLIS MN 55407	LIDIA M LEMA	RESIDENTIAL	$195,300	157 ft
4333 COLUMBUS AVE MINNEAPOLIS MN 55407	TSERING PEMA KHEKHANG ET AL	RESIDENTIAL	$291,400	160 ft
4401 COLUMBUS AVE MINNEAPOLIS MN 55407	A J KUJAWSKI & M S KUJAWSKI	RESIDENTIAL	$430,800	167 ft

Property History

Most Recent Sale

Date199705

Price$38,500

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$3,405