4557 OAKLAND AVE MINNEAPOLIS MN 55407

PID: 1102824330132

Property Overview

Parcel ID1102824330132

Lot Size6,138 sq ft (0.141 ac)

Lot Dimensions (est.)118 ft wide × 52 ft deep

Year Built1930

Property ClassRESIDENTIAL

OwnerMARGUERITE V BUTLER

Assessed Value$335,900

Land Value$106,000

Building Value$229,900

Annual Tax$4,952

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

UN3Urban Neighborhood 3

Urban Neighborhood 3 — medium-density residential

Typical Uses

·Apartment buildings
·Mixed-use with neighborhood retail

Max Height50 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.)10 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width103 ft

Buildable depth12 ft

Area~2,886 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 2,886 sqft buildable area.

Est. units

Yield on cost

3.8%

Spread

-1.7%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
4549 OAKLAND AVE MINNEAPOLIS MN 55407	D MONTGOMERY & J MONTGOMERY	RESIDENTIAL	$479,600	54 ft
4545 OAKLAND AVE MINNEAPOLIS MN 55407	E M GAGE & M L LINNEMANN	RESIDENTIAL	$472,400	104 ft
4601 OAKLAND AVE MINNEAPOLIS MN 55407	J M LANGEMO & D L MORRIGAN	RESIDENTIAL	$329,700	120 ft
4556 PARK AVE MINNEAPOLIS MN 55407	S A SMIRNOV & N P SMIRNOVA	RESIDENTIAL	$392,700	132 ft
4552 PARK AVE MINNEAPOLIS MN 55407	DAMON H BALTAZAR	RESIDENTIAL	$351,600	134 ft
4541 OAKLAND AVE MINNEAPOLIS MN 55407	V J QUNITANA & R J GOOLEY	RESIDENTIAL	$344,100	146 ft
4548 PARK AVE MINNEAPOLIS MN 55407	BLAKE M PARNIN	RESIDENTIAL	$313,600	148 ft
4605 OAKLAND AVE MINNEAPOLIS MN 55407	T L & M M MATTSON	RESIDENTIAL	$259,100	168 ft
4544 PARK AVE MINNEAPOLIS MN 55407	COLE J LOVING	RESIDENTIAL	$306,300	170 ft
4556 OAKLAND AVE MINNEAPOLIS MN 55407	CORDELL L JUNG	RESIDENTIAL	$384,600	177 ft

Property History

Most Recent Sale

Date200505

Price$283,692

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$4,952