4500 OAKLAND AVE MINNEAPOLIS MN 55407

PID: 1102824330089

Property Overview

Parcel ID1102824330089

Lot Size4,697 sq ft (0.108 ac)

Lot Dimensions (est.)118 ft wide × 40 ft deep

Year Built1933

Property ClassRESIDENTIAL

OwnerKOHEL REVOCABLE TRUST

Assessed Value$409,200

Land Value$117,000

Building Value$292,200

Annual Tax$6,175

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

No permits found in Minneapolis open data for this parcel.

Neighborhood Profile

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 width105 ft

Buildable depth0 ft

Area~2,090 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 2,090 sqft buildable area.

Est. units

Yield on cost

1.6%

Spread

-3.9%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
4504 OAKLAND AVE MINNEAPOLIS MN 55407	RACHELLE L ALBERTS-THORPE	RESIDENTIAL	$304,100	40 ft
4508 OAKLAND AVE MINNEAPOLIS MN 55407	JOHN HENRY SEE TRUST	RESIDENTIAL	$452,200	80 ft
4444 OAKLAND AVE MINNEAPOLIS MN 55407	PHILIP ALLEN GALBERTH	RESIDENTIAL	$305,000	109 ft
4512 OAKLAND AVE MINNEAPOLIS MN 55407	R A HIETPAS & N HIETPAS	RESIDENTIAL	$404,000	120 ft
4501 PORTLAND AVE MINNEAPOLIS MN 55407	H WILLIAMS & C WILLIAMS	RESIDENTIAL	$351,000	131 ft
4505 PORTLAND AVE MINNEAPOLIS MN 55407	SUSAN A SHEHATA	RESIDENTIAL	$343,900	138 ft
4509 PORTLAND AVE MINNEAPOLIS MN 55407	MEGAN WEED & JOSHUA WEED	RESIDENTIAL	$348,200	155 ft
4440 OAKLAND AVE MINNEAPOLIS MN 55407	RUTH A JAMES	RESIDENTIAL	$352,700	157 ft
4516 OAKLAND AVE MINNEAPOLIS MN 55407	DENTON STUTTE	RESIDENTIAL	$432,900	160 ft
4449 PORTLAND AVE MINNEAPOLIS MN 55407	J MARTINEZ-MELCHIONNE ETAL	RESIDENTIAL	$411,800	169 ft

Property History

Most Recent Sale

Date201905

Price$394,835

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$6,175