4409 PARK AVE MINNEAPOLIS MN 55407

PID: 1102824330040

Property Overview

Parcel ID1102824330040

Lot Size5,873 sq ft (0.135 ac)

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

Year Built1933

Property ClassRESIDENTIAL

OwnerP T MINEHART & B E MINEHART

Assessed Value$302,000

Land Value$125,000

Building Value$177,000

Annual Tax$4,386

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 · $18K total declared value · Most recent: Dec 2023 (misc)

MiscDec 2023Expired

$18K

RENEWAL BY ANDERSEN CORP

ResJun 2021Closed

Warners Stellian Co Inc

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 depth77 ft

Area~3,096 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 3,096 sqft buildable area.

Est. units

Yield on cost

2.4%

Spread

-3.1%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
4415 PARK AVE MINNEAPOLIS MN 55407	SEAN TYRE	RESIDENTIAL	$375,400	50 ft
4405 PARK AVE MINNEAPOLIS MN 55407	BRIANNA GALLETT	RESIDENTIAL	$317,800	50 ft
4401 PARK AVE MINNEAPOLIS MN 55407	T GRUBER & J ACKERMAN	RESIDENTIAL	$440,300	98 ft
4417 PARK AVE MINNEAPOLIS MN 55407	MICHAELENE C PARADISE	RESIDENTIAL	$359,500	100 ft
4408 COLUMBUS AVE MINNEAPOLIS MN 55407	MARY P SCHELL	RESIDENTIAL	$345,600	131 ft
4412 COLUMBUS AVE MINNEAPOLIS MN 55407	MARISSA NIXON/JAMES HORNADAY	RESIDENTIAL	$330,700	140 ft
4404 COLUMBUS AVE MINNEAPOLIS MN 55407	LINDA E GREIG	RESIDENTIAL	$351,000	141 ft
4421 PARK AVE MINNEAPOLIS MN 55407	CARRIE SARTIN	RESIDENTIAL	$373,300	150 ft
4400 COLUMBUS AVE MINNEAPOLIS MN 55407	B CHRISTENSON/K CHRISTENSON	RESIDENTIAL	$433,700	164 ft
4416 COLUMBUS AVE MINNEAPOLIS MN 55407	WILLIAM J DIAZ & SHARI M LUM	RESIDENTIAL	$385,800	164 ft

Property History

Most Recent Sale

Date199505

Price$82,000

TypeOTHER – SEE CERTIFICATE OF REAL ESTATE VALUE (CRV)

Current Tax Year

Year2026

Tax Due$4,386