4532 PARK AVE MINNEAPOLIS MN 55407

PID: 1102824330125

Property Overview

Parcel ID1102824330125

Lot Size4,708 sq ft (0.108 ac)

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

Year Built1929

Property ClassRESIDENTIAL

OwnerR J FOLEY III & J M FOLEY

Assessed Value$370,600

Land Value$111,000

Building Value$259,600

Annual Tax$5,531

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

3 permits on record since 2017 · Most recent: Jul 2025 (res)

ResJul 2025Final Inspection

Dean's Professional Plumbing Inc

ResJun 2025Final Inspection

Ron the Sewer Rat Inc

ResSep 2017Closed

UPTOWN PLUMBING HEATING AND COOLING

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 depth78 ft

Area~2,330 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 2,330 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
4528 PARK AVE MINNEAPOLIS MN 55407	SCOTT A SIMON	RESIDENTIAL	$336,500	40 ft
4536 PARK AVE MINNEAPOLIS MN 55407	JAMES E COPLEY III	RESIDENTIAL	$277,700	40 ft
4524 PARK AVE MINNEAPOLIS MN 55407	AMELIA JOHNSON	RESIDENTIAL	$426,300	80 ft
4540 PARK AVE MINNEAPOLIS MN 55407	JERROLD W BROSIOUS	RESIDENTIAL	$314,000	80 ft
4520 PARK AVE MINNEAPOLIS MN 55407	M J SIERAKOWSKI ET AL	RESIDENTIAL	$325,600	120 ft
4544 PARK AVE MINNEAPOLIS MN 55407	COLE J LOVING	RESIDENTIAL	$306,300	120 ft
4533 OAKLAND AVE MINNEAPOLIS MN 55407	CEDELL JACOX ETAL	RESIDENTIAL	$438,400	131 ft
4529 OAKLAND AVE MINNEAPOLIS MN 55407	C E VELDHUIZEN & K E STORY	RESIDENTIAL	$364,500	137 ft
4537 OAKLAND AVE MINNEAPOLIS MN 55407	J W POWERS & R M POWERS	RESIDENTIAL	$381,200	138 ft
4525 OAKLAND AVE MINNEAPOLIS MN 55407	ANDREW BASIL & JESSICA BASIL	RESIDENTIAL	$541,100	153 ft

Property History

Most Recent Sale

Date201605

Price$289,900

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$5,531