4517 COLUMBUS AVE MINNEAPOLIS MN 55407

PID: 1102824330196

Property Overview

Parcel ID1102824330196

Lot Size4,930 sq ft (0.113 ac)

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

Year Built1950

Property ClassRESIDENTIAL

OwnerNICOLE KUTIL & ZACHARY KUTIL

Assessed Value$279,000

Land Value$118,000

Building Value$161,000

Annual Tax$4,003

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

7 permits on record since 2017 · $21K total declared value · Most recent: May 2025 (existres)

ExistresMay 2025Closed

Ray N Welter Heating Co

ResJun 2023Closed

CenterPoint Energy Resource Corp

MiscMar 2023Expired

$8K

Bison Builders Inc

ResApr 2022Closed

SODERLIN PLUMBING HEATING AND AIR

MiscMar 2022Closed

$13K

RENEWAL BY ANDERSEN CORP

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 depth83 ft

Area~2,496 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 2,496 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
4521 COLUMBUS AVE MINNEAPOLIS MN 55407	HERBERT B CROWELL	RESIDENTIAL	$282,400	40 ft
4513 COLUMBUS AVE MINNEAPOLIS MN 55407	CAROL J JORGENSON	RESIDENTIAL	$316,700	40 ft
4525 COLUMBUS AVE MINNEAPOLIS MN 55407	SYDNEY E STEAD & BEN BITTON	RESIDENTIAL	$380,400	80 ft
4509 COLUMBUS AVE MINNEAPOLIS MN 55407	CHASU LO	RESIDENTIAL	$323,800	80 ft
4529 COLUMBUS AVE MINNEAPOLIS MN 55407	CAITLYN NICKEL/AARON NICKEL	RESIDENTIAL	$602,300	120 ft
4505 COLUMBUS AVE MINNEAPOLIS MN 55407	LARRY L CARPENTER ET AL	RESIDENTIAL	$337,400	120 ft
4520 CHICAGO AVE MINNEAPOLIS MN 55407	MKG REAL ESTATE LLC	LAND-COMMERCIAL	$137,900	149 ft
4500 CHICAGO AVE MINNEAPOLIS MN 55407	THOMAS R JOHNSON	CONDOMINIUM	$297,500	159 ft
4500 CHICAGO AVE MINNEAPOLIS MN 55407	LORI A BALE	CONDOMINIUM	$284,600	159 ft
4500 CHICAGO AVE MINNEAPOLIS MN 55407	PAUL ZAVADA/KATHERINE ZAVADA	CONDOMINIUM	$256,800	159 ft

Property History

Most Recent Sale

Date202009

Price$302,500

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$4,003