4424 CEDAR AVE S MINNEAPOLIS MN 55407

PID: 1102824440071

Property Overview

Parcel ID1102824440071

Lot Size5,889 sq ft (0.135 ac)

Lot Dimensions (est.)122 ft wide × 48 ft deep

Year Built1953

Property ClassRESIDENTIAL

OwnerGABRIELA & COLE BONNEMA

Assessed Value$328,900

Land Value$119,000

Building Value$209,900

Annual Tax$4,836

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Development Opportunities

Goods and Services CorridorHigh

On a Minneapolis 2040 Goods and Services Corridor — zoning supports commercial and light industrial uses.

Minneapolis Great Streets ↗

Potential programs

Great Streets Façade Improvement ProgramMedium

Matching grants for exterior improvements to commercial buildings on eligible corridors; contact CPED for current availability.

Minneapolis — Facade Improvement Matching Grant ↗

Environmental Response FundMedium

Grants and loans for contamination assessment and cleanup on eligible redevelopment sites; does not indicate known contamination.

Minneapolis — Brownfield Grants ↗

Signals are based on public datasets; program eligibility requires verification.

Permit History

No permits found in Minneapolis open data for this parcel.

Neighborhood Profile

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

RM1Residence Goods and Services

Residential Mixed-Use 1 — low-density mixed residential

Typical Uses

·Apartments
·Townhomes
·Neighborhood-scale retail on ground floor

Max Height45 ft

Development Potential

Setbacks

Front20 ft

Side (each)5 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width38 ft

Buildable depth83 ft

Area~3,141 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 3-story wood frame (5–12 units) benchmarks for 3,141 sqft buildable area.

Est. units

Yield on cost

4.2%

Spread

-1.3%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
4430 CEDAR AVE S MINNEAPOLIS MN 55407	D STEPHAN/K M COLEY-STEPHAN	RESIDENTIAL	$334,500	44 ft
4420 CEDAR AVE S MINNEAPOLIS MN 55407	S ALEXANDER & E DROTNING	RESIDENTIAL	$334,600	46 ft
4416 CEDAR AVE S MINNEAPOLIS MN 55407	DEAN DONEEN & YESENIA VEGA	RESIDENTIAL	$353,400	90 ft
4436 CEDAR AVE S MINNEAPOLIS MN 55407	JAYE DORNFELD/KARI DORNFELD	RESIDENTIAL	$329,500	94 ft
4412 CEDAR AVE S MINNEAPOLIS MN 55407	MANUEL J NAULA-SUMBA	RESIDENTIAL	$320,600	134 ft
4425 18TH AVE S MINNEAPOLIS MN 55407	L A & K A KISROW TRUSTEE	RESIDENTIAL	$446,000	136 ft
4429 18TH AVE S MINNEAPOLIS MN 55407	K E BROWN & T L LAIBSON	RESIDENTIAL	$449,400	141 ft
4421 18TH AVE S MINNEAPOLIS MN 55407	ADAM HANSON & SONOMA FRANK	RESIDENTIAL	$360,400	143 ft
4440 CEDAR AVE S MINNEAPOLIS MN 55407	CALEB M POWER	RESIDENTIAL	$362,100	150 ft
4433 18TH AVE S MINNEAPOLIS MN 55407	LORRIE HERLING	RESIDENTIAL	$335,600	155 ft

Property History

Most Recent Sale

Date201411

Price$199,999

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$4,836