4501 15TH AVE S MINNEAPOLIS MN 55407

PID: 1102824430072

Property Overview

Parcel ID1102824430072

Lot Size3,995 sq ft (0.092 ac)

Lot Dimensions (est.)124 ft wide × 32 ft deep

Year Built1915

Property ClassRESIDENTIAL

OwnerAMBER S ANDERSON

Assessed Value$248,000

Land Value$124,000

Building Value$124,000

Annual Tax$3,486

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

5 permits on record since 2017 · $28K total declared value · Most recent: Jul 2022 (misc)

MiscJul 2022Closed

$9K

Renda the Roofer

ExistresMay 2017Closed

Perfection Heating and Air Conditioning Inc

ExistresMar 2017Closed

Air It Indoor Comfort LLC

ResMar 2017Closed

Master Plumbing Services LLC

RemodelMar 2017Closed

$19K

WOODCREST BUILDERS

Source: Minneapolis open data. Declared construction values are applicant-reported and may not reflect actual project cost.

Neighborhood Profile

Northrop · Minneapolis

Median reported rent1,090/mo

Renter-occupied19.0%

Median home value$334K

Vacancy rate0.0%

ACS rents reflect current tenant leases and may differ from new market rents.

Source: 2022 ACS 5-Year Estimates · Census Tract 110

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

Front Street

On corner lots, the selected street determines which setbacks apply to each side.

Setbacks

Front20 ft

Interior side5 ft

Street side (est.)8 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width111 ft

Buildable depth0 ft

Area~1,615 sqft

Lot dimensions are insufficient for the standard setbacks shown.

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 1,615 sqft buildable area.

Est. units

Yield on cost

3.2%

Spread

-2.3%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
4505 15TH AVE S MINNEAPOLIS MN 55407	MEGHANN ZILER	RESIDENTIAL	$309,000	33 ft
4507 15TH AVE S MINNEAPOLIS MN 55407	NATHANIEL JUNG/CARA HALL	RESIDENTIAL	$337,100	66 ft
4511 15TH AVE S MINNEAPOLIS MN 55407	A M PYKONEN & J BUCK	RESIDENTIAL	$248,000	99 ft
4453 15TH AVE S MINNEAPOLIS MN 55407	MIRIAM E JAMGOCHIAN	RESIDENTIAL	$313,000	103 ft
4513 15TH AVE S MINNEAPOLIS MN 55407	TRICIA MARTIN	RESIDENTIAL	$300,400	132 ft
4500 BLOOMINGTON AVE MINNEAPOLIS MN 55407	CHRISTI L MONSON	CONDOMINIUM	$204,000	137 ft
4500 BLOOMINGTON AVE MINNEAPOLIS MN 55407	ELIZABETH JARRETT ANDREW	CONDOMINIUM	$204,000	137 ft
4500 BLOOMINGTON AVE MINNEAPOLIS MN 55407	JOHN CARLSON	CONDOMINIUM	$205,000	137 ft
4500 BLOOMINGTON AVE MINNEAPOLIS MN 55407	GRETCHEN GARMAN	CONDOMINIUM	$205,000	137 ft
MN	Unknown	—	—	137 ft

Property History

Most Recent Sale

Date199506

Price$51,900

TypeOTHER – SEE CERTIFICATE OF REAL ESTATE VALUE (CRV)

Current Tax Year

Year2026

Tax Due$3,486