2015 4TH ST N E MINNEAPOLIS MN 55418

PID: 1102924340054

Property Overview

Parcel ID1102924340054

Lot Size9,088 sq ft (0.209 ac)

Lot Dimensions (est.)165 ft wide × 55 ft deep

Year Built1920

Property ClassRESIDENTIAL-TWO UNIT

OwnerJACOB J KOELLN

Assessed Value$520,100

Land Value$150,000

Building Value$370,100

Annual Tax$10,294

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Development Opportunities

High-Frequency Transit (5-min walk)High

Within a 5-minute walk of a high-frequency LRT or BRT stop — a positive factor for density bonuses and Met Council Livable Communities grant scoring.

Metro Council — Livable Communities ↗

Potential programs

Met Council Livable Communities GrantMedium

Competitive grants for affordable housing and transit-oriented development near high-frequency transit; proximity to LRT/BRT is a key scoring factor.

Metro Council — Livable Communities ↗

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

Permit History

No permits found in Minneapolis open data for this parcel.

Neighborhood Profile

Holland · Minneapolis

Median reported rent1,578/mo

Renter-occupied61.3%

Median home value$320K

Vacancy rate9.6%

ACS rents reflect current tenant leases and may differ from new market rents.

Source: 2022 ACS 5-Year Estimates · Census Tract 17

Market Snapshot

Zip code 55418

Median sale price$345K-3.1% YoY

Median price / sqft$222/sqft

Median days to close36 days

Active listings42

Source: Redfin Data Center (Invalid Date) · Zip 55418

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 width45 ft

Buildable depth125 ft

Area~5,634 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 5,634 sqft buildable area.

Est. units

Yield on cost

4.0%

Spread

-1.5%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
2019 4TH ST N E MINNEAPOLIS MN 55418	E S WEST & R M BLANCHAR	RESIDENTIAL	$298,300	55 ft
409 20TH AVE N E MINNEAPOLIS MN 55418	KATHERINE A GERDES	RESIDENTIAL	$588,400	85 ft
405 20TH AVE N E MINNEAPOLIS MN 55418	LINDSEY R ANDERSON	RESIDENTIAL	$397,500	85 ft
415 20TH AVE N E MINNEAPOLIS MN 55418	JAN CARLSON ET AL	RESIDENTIAL	$253,100	103 ft
401 20TH AVE N E MINNEAPOLIS MN 55418	STEVEN THOMAS MAZURKO	RESIDENTIAL	$210,100	103 ft
2103 4TH ST N E MINNEAPOLIS MN 55418	SCOTT BAUGHAN/KATIE BAUGHAN	RESIDENTIAL	$316,500	110 ft
417 20TH AVE N E MINNEAPOLIS MN 55418	T M MICHIEKA & A O SAIBOU	RESIDENTIAL	$230,300	132 ft
2105 4TH ST N E MINNEAPOLIS MN 55418	STEVEN SCOTT	RESIDENTIAL	$123,000	151 ft
2012 5TH ST N E MINNEAPOLIS MN 55418	SHARALYN H CUPRYNA	RESIDENTIAL	$215,600	165 ft
421 20TH AVE N E MINNEAPOLIS MN 55418	DAVID M BOGENSCHULTZ ET AL	RESIDENTIAL	$199,500	166 ft

Property History

Most Recent Sale

Date201406

Price$315,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$10,294