4409 COLUMBUS AVE MINNEAPOLIS MN 55407

PID: 1102824330016

Property Overview

Parcel ID1102824330016

Lot Size6,130 sq ft (0.141 ac)

Lot Dimensions (est.)123 ft wide × 50 ft deep

Year Built1951

Property ClassRESIDENTIAL

OwnerWELLS BOVARD

Assessed Value$330,700

Land Value$131,000

Building Value$199,700

Annual Tax$4,865

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 2021 · $10K total declared value · Most recent: Oct 2023 (res)

ResOct 2023Closed

CenterPoint Energy Resource Corp

MiscJun 2021Closed

$10K

CHRISCO CONSTRUCTION

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 width40 ft

Buildable depth83 ft

Area~3,302 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 3,302 sqft buildable area.

Est. units

Yield on cost

3.9%

Spread

-1.6%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
4413 COLUMBUS AVE MINNEAPOLIS MN 55407	MARGARET BORG	RESIDENTIAL	$374,800	50 ft
4405 COLUMBUS AVE MINNEAPOLIS MN 55407	RONALD L FEIKER TRUST	RESIDENTIAL	$323,600	50 ft
4401 COLUMBUS AVE MINNEAPOLIS MN 55407	A J KUJAWSKI & M S KUJAWSKI	RESIDENTIAL	$430,800	98 ft
4417 COLUMBUS AVE MINNEAPOLIS MN 55407	ORMA A MOE & DEBRA J MOE	RESIDENTIAL	$362,800	100 ft
4412 CHICAGO AVE MINNEAPOLIS MN 55407	MARIELA PINOS ET AL	RESIDENTIAL	$307,400	141 ft
4421 COLUMBUS AVE MINNEAPOLIS MN 55407	S G RALPH & R L PIERCE	RESIDENTIAL	$377,000	150 ft
4400 CHICAGO AVE MINNEAPOLIS MN 55407	MINN-DAK STONE IND INC	COMMERCIAL-PREFERRED	$392,000	150 ft
4420 CHICAGO AVE MINNEAPOLIS MN 55407	SUSAN C LOUIS	RESIDENTIAL	$259,100	168 ft
4408 COLUMBUS AVE MINNEAPOLIS MN 55407	MARY P SCHELL	RESIDENTIAL	$345,600	180 ft
4404 COLUMBUS AVE MINNEAPOLIS MN 55407	LINDA E GREIG	RESIDENTIAL	$351,000	186 ft

Property History

Most Recent Sale

Date200007

Price$138,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$4,865