4456 CEDAR AVE S MINNEAPOLIS MN 55407

PID: 1102824440078

Property Overview

Parcel ID1102824440078

Lot Size4,910 sq ft (0.113 ac)

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

Year Built1954

Property ClassRESIDENTIAL-TWO UNIT

OwnerEDWARD C UKATU/HOPE C UKATU

Assessed Value$452,200

Land Value$109,000

Building Value$343,200

Annual Tax$8,555

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

1 permit on record since 2020 · $15K total declared value · Most recent: Aug 2020 (misc)

MiscAug 2020Closed

$15K

KAUFMAN SHEET METAL ROOFING INC

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

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

Front Street

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

Setbacks

Front20 ft

Interior side5 ft

Street side (est.)10 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width108 ft

Buildable depth0 ft

Area~2,069 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 2,069 sqft buildable area.

Est. units

Yield on cost

3.5%

Spread

-2.0%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
4452 CEDAR AVE S MINNEAPOLIS MN 55407	CEDAR HALL PROPERTIES LLC	RESIDENTIAL	$298,800	40 ft
4448 CEDAR AVE S MINNEAPOLIS MN 55407	TIFFANY E MOON	RESIDENTIAL	$365,500	80 ft
4500 CEDAR AVE S MINNEAPOLIS MN 55407	ADRIENNE RAE DORN	RESIDENTIAL	$394,100	112 ft
4444 CEDAR AVE S MINNEAPOLIS MN 55407	RAECHELLE LOVE DRAKEFORD TR	RESIDENTIAL	$299,500	120 ft
4457 18TH AVE S MINNEAPOLIS MN 55407	SMAUSHAUS LLC	RESIDENTIAL	$470,900	138 ft
4449 18TH AVE S MINNEAPOLIS MN 55407	LAUREN SPEER	RESIDENTIAL	$353,900	158 ft
4440 CEDAR AVE S MINNEAPOLIS MN 55407	CALEB M POWER	RESIDENTIAL	$362,100	165 ft
4508 CEDAR AVE S MINNEAPOLIS MN 55407	MICHELLE PENSHORN	RESIDENTIAL	$299,900	169 ft
4501 18TH AVE S MINNEAPOLIS MN 55407	DERRICK S & NANCY A N WOOD	RESIDENTIAL	$378,200	176 ft
4445 18TH AVE S MINNEAPOLIS MN 55407	YOSHIJI KATAGIRI	RESIDENTIAL	$320,400	182 ft

Property History

Most Recent Sale

Date200305

Price$290,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$8,555