4505 OAKLAND AVE MINNEAPOLIS MN 55407

PID: 1102824330144

Property Overview

Parcel ID1102824330144

Lot Size4,701 sq ft (0.108 ac)

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

Year Built1931

Property ClassRESIDENTIAL

OwnerJ & B L EISINGER

Assessed Value$344,500

Land Value$117,000

Building Value$227,500

Annual Tax$5,096

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

5 permits on record since 2017 · $15K total declared value · Most recent: Jun 2023 (existres)

ExistresJun 2023Closed

Midwest Electric & Generator Inc

ExistresOct 2019Closed

BONFES PLUMBING HEATING AND AIR SERVICE INC

ResAug 2019Closed

BONFES PLUMBING HEATING AND AIR SERVICE INC

AdditionJul 2018Closed

$15K

PROFESSIO INC

ResFeb 2017Closed

CENTERPOINT ENERGY

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 width30 ft

Buildable depth78 ft

Area~2,324 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 2,324 sqft buildable area.

Est. units

Yield on cost

1.5%

Spread

-4.0%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
4509 OAKLAND AVE MINNEAPOLIS MN 55407	JOAYNE LARSON	RESIDENTIAL	$359,500	40 ft
4501 OAKLAND AVE MINNEAPOLIS MN 55407	EMILY BIRD & LEE SCHAEFER	RESIDENTIAL	$388,500	40 ft
4515 OAKLAND AVE MINNEAPOLIS MN 55407	ROBERT PATRICK/ANNA PATRICK	RESIDENTIAL	$361,000	80 ft
4517 OAKLAND AVE MINNEAPOLIS MN 55407	HEATHER L GRAY/MARY E GRAY	RESIDENTIAL	$378,700	120 ft
4504 PARK AVE MINNEAPOLIS MN 55407	BRUCE L OTIS	RESIDENTIAL	$381,200	131 ft
4500 PARK AVE MINNEAPOLIS MN 55407	ROGER E HOLTZLEITER ETAL	RESIDENTIAL	$379,900	137 ft
4508 PARK AVE MINNEAPOLIS MN 55407	MICHAEL TORBENSON WADDICK	RESIDENTIAL	$379,400	137 ft
4445 OAKLAND AVE MINNEAPOLIS MN 55407	KELLY KAPPEN & VINCENT SCOTT	RESIDENTIAL	$319,500	149 ft
4512 PARK AVE MINNEAPOLIS MN 55407	WILLIAM SCOTT POSTEN JR	RESIDENTIAL	$340,200	153 ft
4521 OAKLAND AVE MINNEAPOLIS MN 55407	KATHERINE KELLY TODD TRUSTEE	RESIDENTIAL	$317,000	160 ft

Property History

Most Recent Sale

Date199511

Price$100,000

TypeOTHER – SEE CERTIFICATE OF REAL ESTATE VALUE (CRV)

Current Tax Year

Year2026

Tax Due$5,096