4425 15TH AVE S MINNEAPOLIS MN 55407

PID: 1102824430094

Property Overview

Parcel ID1102824430094

Lot Size5,207 sq ft (0.120 ac)

Lot Dimensions (est.)124 ft wide × 42 ft deep

Year Built1924

Property ClassRESIDENTIAL

OwnerLAUREN MELONE POST

Assessed Value$329,500

Land Value$143,000

Building Value$186,500

Annual Tax$4,845

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

7 permits on record since 2017 · $46K total declared value · Most recent: Dec 2025 (res)

ResDec 2025Closed

Lauren Post

ExistresAug 2025Closed

Binder Heating and Air Conditioning Inc

ResJun 2025Closed

Farr Plumbing and Heating LLC

RemodelJun 2025Closed

$25K

Lauren Post

RemodelApr 2025Closed

$2K

EGRESS WINDOW GUY

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

Setbacks

Front20 ft

Side (each)5 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width32 ft

Buildable depth84 ft

Area~2,686 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 2,686 sqft buildable area.

Est. units

Yield on cost

3.3%

Spread

-2.2%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
4421 15TH AVE S MINNEAPOLIS MN 55407	M E SYLVESTRE/M MB SYLVESTRE	RESIDENTIAL	$369,500	42 ft
4429 15TH AVE S MINNEAPOLIS MN 55407	OLIVIA KASTENS	RESIDENTIAL	$302,900	43 ft
4417 15TH AVE S MINNEAPOLIS MN 55407	C MAYES & T ANDERSON	RESIDENTIAL	$309,700	84 ft
4433 15TH AVE S MINNEAPOLIS MN 55407	TONYA JEAN SHELDON	RESIDENTIAL	$352,000	86 ft
4415 15TH AVE S MINNEAPOLIS MN 55407	S J CAMPBELL & M MCDERMOTT	RESIDENTIAL	$319,600	126 ft
4437 15TH AVE S MINNEAPOLIS MN 55407	K S BRUCE & D J BRUCE	RESIDENTIAL	$455,700	128 ft
4424 BLOOMINGTON AVE MINNEAPOLIS MN 55407	L A BROWN & W G DEVORE	RESIDENTIAL	$429,000	135 ft
4420 BLOOMINGTON AVE MINNEAPOLIS MN 55407	UBL JOINT REV LIVING TRUST	RESIDENTIAL-TWO UNIT	$470,600	142 ft
4428 BLOOMINGTON AVE MINNEAPOLIS MN 55407	RENEE LOUCK	RESIDENTIAL	$279,000	142 ft
4416 BLOOMINGTON AVE MINNEAPOLIS MN 55407	JORGE AMIGON	RESIDENTIAL	$343,400	160 ft

Property History

Most Recent Sale

Date202008

Price$280,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$4,845