4421 15TH AVE S MINNEAPOLIS MN 55407

PID: 1102824430095

Property Overview

Parcel ID1102824430095

Lot Size5,207 sq ft (0.120 ac)

Lot Dimensions (est.)123 ft wide × 42 ft deep

Year Built1926

Property ClassRESIDENTIAL

OwnerM E SYLVESTRE/M MB SYLVESTRE

Assessed Value$369,500

Land Value$143,000

Building Value$226,500

Annual Tax$5,512

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

6 permits on record since 2017 · $34K total declared value · Most recent: May 2026 (existres)

ExistresMay 2026Inspection

TEAM MECHANICAL INC

ResApr 2026Closed

Warners Stellian Co Inc

AccessoryNov 2024Inspection

$34K

SYLVESTRE CONSTRUCTION INC

ExistresMay 2018Closed

TEAM MECHANICAL INC

ResAug 2017Closed

Erik Nelson Plumbing LLC

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
4425 15TH AVE S MINNEAPOLIS MN 55407	LAUREN MELONE POST	RESIDENTIAL	$329,500	42 ft
4417 15TH AVE S MINNEAPOLIS MN 55407	C MAYES & T ANDERSON	RESIDENTIAL	$309,700	42 ft
4415 15TH AVE S MINNEAPOLIS MN 55407	S J CAMPBELL & M MCDERMOTT	RESIDENTIAL	$319,600	84 ft
4429 15TH AVE S MINNEAPOLIS MN 55407	OLIVIA KASTENS	RESIDENTIAL	$302,900	85 ft
4409 15TH AVE S MINNEAPOLIS MN 55407	DOUGLAS MEAD & JANICE MEAD	RESIDENTIAL	$339,400	126 ft
4433 15TH AVE S MINNEAPOLIS MN 55407	TONYA JEAN SHELDON	RESIDENTIAL	$352,000	128 ft
4420 BLOOMINGTON AVE MINNEAPOLIS MN 55407	UBL JOINT REV LIVING TRUST	RESIDENTIAL-TWO UNIT	$470,600	135 ft
4416 BLOOMINGTON AVE MINNEAPOLIS MN 55407	JORGE AMIGON	RESIDENTIAL	$343,400	142 ft
4424 BLOOMINGTON AVE MINNEAPOLIS MN 55407	L A BROWN & W G DEVORE	RESIDENTIAL	$429,000	142 ft
4428 BLOOMINGTON AVE MINNEAPOLIS MN 55407	RENEE LOUCK	RESIDENTIAL	$279,000	160 ft

Property History

Most Recent Sale

Date201709

Price$322,900

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$5,512