4520 CEDAR AVE S MINNEAPOLIS MN 55407

PID: 1102824440174

Property Overview

Parcel ID1102824440174

Lot Size4,914 sq ft (0.113 ac)

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

Year Built1927

Property ClassRESIDENTIAL

OwnerA GRONEMEYER & J GRONEMEYER

Assessed Value$357,200

Land Value$107,000

Building Value$250,200

Annual Tax$5,307

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

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

Setbacks

Front20 ft

Side (each)5 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width30 ft

Buildable depth83 ft

Area~2,485 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 2,485 sqft buildable area.

Est. units

Yield on cost

3.7%

Spread

-1.8%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
4516 CEDAR AVE S MINNEAPOLIS MN 55407	ANDREW P WIER	RESIDENTIAL-TWO UNIT	$346,800	40 ft
4524 CEDAR AVE S MINNEAPOLIS MN 55407	ALEX PEDERSON/EMMA PEDERSON	RESIDENTIAL	$325,300	40 ft
4512 CEDAR AVE S MINNEAPOLIS MN 55407	SANNA DAWN PRESCOTT	RESIDENTIAL-TWO UNIT	$342,400	80 ft
4528 CEDAR AVE S MINNEAPOLIS MN 55407	JAKE D VANN & GRETA M VANN	RESIDENTIAL	$428,700	80 ft
4532 CEDAR AVE S MINNEAPOLIS MN 55407	MICHAEL J ISAACSON	RESIDENTIAL	$352,600	120 ft
4508 CEDAR AVE S MINNEAPOLIS MN 55407	MICHELLE PENSHORN	RESIDENTIAL	$299,900	130 ft
4521 18TH AVE S MINNEAPOLIS MN 55407	M T MEYER & M P MEYER	RESIDENTIAL	$292,600	136 ft
4517 18TH AVE S MINNEAPOLIS MN 55407	TANYA J BAILEY	RESIDENTIAL	$458,000	143 ft
4525 18TH AVE S MINNEAPOLIS MN 55407	C L MOOS & P J KADRLIK	RESIDENTIAL	$486,400	145 ft
4536 CEDAR AVE S MINNEAPOLIS MN 55407	DANIEL M MIRANOWSKI	RESIDENTIAL-TWO UNIT	$342,500	160 ft

Property History

Most Recent Sale

Date201607

Price$243,500

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$5,307