1923 4TH ST N E MINNEAPOLIS MN 55418

PID: 1102924340235

Property Overview

Parcel ID1102924340235

Lot Size9,464 sq ft (0.217 ac)

Lot Dimensions (est.)121 ft wide × 78 ft deep

Year Built1904

Property ClassRESIDENTIAL-TWO UNIT

OwnerA LESSMAN & J LESSMAN

Assessed Value$488,900

Land Value$151,000

Building Value$337,900

Annual Tax$9,562

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

Front Street

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

Setbacks

Front20 ft

Interior side5 ft

Street side (est.)8 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width108 ft

Buildable depth38 ft

Area~4,006 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 4,006 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
408 20TH AVE N E MINNEAPOLIS MN 55418	W R & F A SAUEY GRNDPRNTS TR	RESIDENTIAL	$291,600	53 ft
1919 4TH ST N E MINNEAPOLIS MN 55418	REBEKAH M BERNARD	RESIDENTIAL-TWO UNIT	$415,100	78 ft
412 20TH AVE N E MINNEAPOLIS MN 55418	DARNELL ROBINSON	RESIDENTIAL-TWO UNIT	$312,000	93 ft
1913 4TH ST N E MINNEAPOLIS MN 55418	PAMELA TARDY	RESIDENTIAL	$358,000	120 ft
1907 4TH ST N E MINNEAPOLIS MN 55418	CITY OF MPLS	LAND-COMMERCIAL	$0	150 ft
416 20TH AVE N E MINNEAPOLIS MN 55418	ERIC CARR & ABBIE CARR	RESIDENTIAL-TWO UNIT	$305,900	152 ft
405 20TH AVE N E MINNEAPOLIS MN 55418	LINDSEY R ANDERSON	RESIDENTIAL	$397,500	188 ft
401 20TH AVE N E MINNEAPOLIS MN 55418	STEVEN THOMAS MAZURKO	RESIDENTIAL	$210,100	190 ft
409 20TH AVE N E MINNEAPOLIS MN 55418	KATHERINE A GERDES	RESIDENTIAL	$588,400	194 ft
1924 5TH ST N E MINNEAPOLIS MN 55418	TYLER OLSON	RESIDENTIAL-TWO UNIT	$380,500	198 ft

Property History

Most Recent Sale

Date201109

Price$165,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$9,562