4429 PARK AVE MINNEAPOLIS MN 55407

PID: 1102824330035

Property Overview

Parcel ID1102824330035

Lot Size5,883 sq ft (0.135 ac)

Lot Dimensions (est.)118 ft wide × 50 ft deep

Year Built1933

Property ClassRESIDENTIAL

OwnerADAM REYNOLDS

Assessed Value$444,800

Land Value$125,000

Building Value$319,800

Annual Tax$6,769

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 · $12K total declared value · Most recent: Nov 2024 (misc)

MiscNov 2024Closed

$12K

Northern Lights Metal Roofing

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 width40 ft

Buildable depth78 ft

Area~3,105 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 3,105 sqft buildable area.

Est. units

Yield on cost

2.3%

Spread

-3.2%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
4433 PARK AVE MINNEAPOLIS MN 55407	CASAR/LEMKE FAMILY TRUST	RESIDENTIAL	$570,600	50 ft
4425 PARK AVE MINNEAPOLIS MN 55407	CESAR'S CONSTRUCTION LLC	RESIDENTIAL	$238,600	50 ft
4437 PARK AVE MINNEAPOLIS MN 55407	W P PUCKETT & T T PATTERSON	RESIDENTIAL	$371,900	100 ft
4421 PARK AVE MINNEAPOLIS MN 55407	CARRIE SARTIN	RESIDENTIAL	$373,300	100 ft
4428 COLUMBUS AVE MINNEAPOLIS MN 55407	JAMES J LEE	RESIDENTIAL	$374,800	131 ft
4432 COLUMBUS AVE MINNEAPOLIS MN 55407	BRADLEY J MOBERG	RESIDENTIAL	$273,400	140 ft
4424 COLUMBUS AVE MINNEAPOLIS MN 55407	J D PAULSEN/MACKENZIE BRILL	RESIDENTIAL	$389,300	141 ft
4441 PARK AVE MINNEAPOLIS MN 55407	OPEN HEART LLC	RESIDENTIAL	$321,000	150 ft
4417 PARK AVE MINNEAPOLIS MN 55407	MICHAELENE C PARADISE	RESIDENTIAL	$359,500	150 ft
4436 COLUMBUS AVE MINNEAPOLIS MN 55407	CAROL A ROBA	RESIDENTIAL	$295,500	165 ft

Property History

Most Recent Sale

Date200801

Price$100

TypeOTHER – SEE CERTIFICATE OF REAL ESTATE VALUE (CRV)

Current Tax Year

Year2026

Tax Due$6,769