4958 PENN AVE N MINNEAPOLIS MN 55430

PID: 1111821130056

Property Overview

Parcel ID1111821130056

Lot Size5,217 sq ft (0.120 ac)

Lot Dimensions (est.)124 ft wide × 42 ft deep

Year Built1955

Property ClassRESIDENTIAL

OwnerDEBRA S CULLEN

Assessed Value$292,600

Land Value$45,000

Building Value$247,600

Annual Tax$4,207

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

3 permits on record since 2023 · $16K total declared value · Most recent: Dec 2025 (existres)

ExistresDec 2025Inspection

McQuillan Home Services LLC

ResFeb 2024Closed

CenterPoint Energy Resource Corp

MiscJun 2023Closed

$16K

Viking Contractors LLC

Source: Minneapolis open data. Declared construction values are applicant-reported and may not reflect actual project cost.

Neighborhood Profile

Shingle Creek · Minneapolis

Median reported rent1,265/mo

Renter-occupied13.6%

Median home value$214K

Vacancy rate8.0%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 1.01

Market Snapshot

Zip code 55430

Median sale price$285K+3.3% YoY

Median price / sqft$175/sqft

Median days to close36 days

Active listings37

Source: Redfin Data Center (Invalid Date) · Zip 55430

Zoning

UN1Urban Neighborhood 1

Urban Neighborhood 1 — low-density residential

Typical Uses

·Single-family homes
·Duplexes
·Accessory dwelling 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 width111 ft

Buildable depth2 ft

Area~2,442 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 sfr / adu benchmarks for 2,442 sqft buildable area.

Est. units

Yield on cost

3.2%

Spread

-2.3%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
4954 PENN AVE N MINNEAPOLIS MN 55430	APRIL EASON & ELLIOT MATHIEU	RESIDENTIAL	$260,100	41 ft
4950 PENN AVE N MINNEAPOLIS MN 55430	PUKAL FAMILY TRUST	RESIDENTIAL	$248,100	81 ft
5000 PENN AVE N MINNEAPOLIS MN 55430	LEAH L GABRIELSON	RESIDENTIAL	$311,300	111 ft
4946 PENN AVE N MINNEAPOLIS MN 55430	PUKAL FAMILY TRUST	VACANT LAND-RESIDENTIAL	$29,000	121 ft
2131 50TH AVE N MINNEAPOLIS MN 55430	JEAN I PARCHMENT	RESIDENTIAL	$284,600	138 ft
4955 OLIVER AVE N MINNEAPOLIS MN 55430	RHONDA BEANE	RESIDENTIAL	$262,000	145 ft
4951 OLIVER AVE N MINNEAPOLIS MN 55430	TARIK FISHER	RESIDENTIAL	$224,800	161 ft
4942 PENN AVE N MINNEAPOLIS MN 55430	VALERIA PEREZ MARTINEZ	RESIDENTIAL	$230,700	161 ft
5010 PENN AVE N MINNEAPOLIS MN 55430	GREG YANG	RESIDENTIAL	$272,000	171 ft
5001 OLIVER AVE N MINNEAPOLIS MN 55430	CITY OF LAKES COMM LAND TRST	—	$235,000	174 ft

Property History

Most Recent Sale

Date200911

Price$135,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$4,207