4905 PENN AVE N MINNEAPOLIS MN 55430

PID: 1111821240204

Property Overview

Parcel ID1111821240204

Lot Size8,444 sq ft (0.194 ac)

Lot Dimensions (est.)126 ft wide × 67 ft deep

Year Built1954

Property ClassRESIDENTIAL

OwnerK A OTTOSON & K O OTTOSON

Assessed Value$242,100

Land Value$46,000

Building Value$196,100

Annual Tax$3,369

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

3 permits on record since 2017 · Most recent: Jun 2021 (existres)

ExistresJun 2021Closed

Standard Heating and Air Conditioning Inc

ResAug 2017Closed

SKARDA PLBG & HTG

ExistresAug 2017Closed

Residential Heating and Air Conditioning Inc

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 width113 ft

Buildable depth27 ft

Area~4,639 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 4,639 sqft buildable area.

Est. units

Yield on cost

2.6%

Spread

-2.9%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
4909 PENN AVE N MINNEAPOLIS MN 55430	KAKA R LASTER	RESIDENTIAL	$261,700	59 ft
4913 PENN AVE N MINNEAPOLIS MN 55430	C AUDET & R GARCIA	RESIDENTIAL	$232,000	109 ft
4900 QUEEN AVE N MINNEAPOLIS MN 55430	ERIN GROTH & PHILIP GROTH	RESIDENTIAL	$242,100	140 ft
4906 QUEEN AVE N MINNEAPOLIS MN 55430	PHILIP C SETTERLOF ETAL	RESIDENTIAL	$290,700	144 ft
4917 PENN AVE N MINNEAPOLIS MN 55430	TRAVIS B & AMY ANDERSON	RESIDENTIAL	$307,000	159 ft
4910 QUEEN AVE N MINNEAPOLIS MN 55430	A M SWEENEY & T L LOFTON	RESIDENTIAL	$258,800	163 ft
2201 49TH AVE N MINNEAPOLIS MN 55430	GENERAL MILLS OPERATIONS LLC	LAND - INDUSTRIAL	$21,600	182 ft
4900 PENN AVE N MINNEAPOLIS MN 55430	JOANN LEWANDOWSKI LIV TRUST	RESIDENTIAL	$216,700	191 ft
4906 PENN AVE N MINNEAPOLIS MN 55430	Y R MOUA & T B MOUA	RESIDENTIAL	$244,900	191 ft
4916 QUEEN AVE N MINNEAPOLIS MN 55430	NORA LEON	RESIDENTIAL	$252,700	196 ft

Property History

Most Recent Sale

Date201710

Price$169,900

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$3,369