4533 COLUMBUS AVE MINNEAPOLIS MN 55407

PID: 1102824330192

Property Overview

Parcel ID1102824330192

Lot Size4,935 sq ft (0.113 ac)

Lot Dimensions (est.)123 ft wide × 40 ft deep

Year Built1981

Property ClassRESIDENTIAL

OwnerWILLIAM LOVE & A HULTBERG

Assessed Value$281,500

Land Value$118,000

Building Value$163,500

Annual Tax$4,193

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

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 depth83 ft

Area~2,500 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 2,500 sqft buildable area.

Est. units

Yield on cost

3.6%

Spread

-1.9%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
4537 COLUMBUS AVE MINNEAPOLIS MN 55407	LOTTIE BEA JOHNSON	RESIDENTIAL	$339,000	40 ft
4529 COLUMBUS AVE MINNEAPOLIS MN 55407	CAITLYN NICKEL/AARON NICKEL	RESIDENTIAL	$602,300	40 ft
4541 COLUMBUS AVE MINNEAPOLIS MN 55407	PAUL MRAZ & ANN JOB	RESIDENTIAL	$237,000	80 ft
4525 COLUMBUS AVE MINNEAPOLIS MN 55407	SYDNEY E STEAD & BEN BITTON	RESIDENTIAL	$380,400	80 ft
4545 COLUMBUS AVE MINNEAPOLIS MN 55407	ANDREA M JOHNSON	RESIDENTIAL	$317,600	120 ft
4521 COLUMBUS AVE MINNEAPOLIS MN 55407	HERBERT B CROWELL	RESIDENTIAL	$282,400	120 ft
4528 CHICAGO AVE MINNEAPOLIS MN 55407	MKG REAL ESTATE LLC	COMMERCIAL-PREFERRED	$693,000	137 ft
4540 CHICAGO AVE MINNEAPOLIS MN 55407	COMMUNITY HOUSING RESOURCES	RESIDENTIAL	$0	158 ft
4549 COLUMBUS AVE MINNEAPOLIS MN 55407	JESSICA LLERENA	RESIDENTIAL	$356,300	159 ft
4517 COLUMBUS AVE MINNEAPOLIS MN 55407	NICOLE KUTIL & ZACHARY KUTIL	RESIDENTIAL	$279,000	160 ft

Property History

Most Recent Sale

Date200906

Price$123,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$4,193