4600 SHERIDAN AVE N MINNEAPOLIS MN 55412

PID: 1111821340083

Property Overview

Parcel ID1111821340083

Lot Size5,110 sq ft (0.117 ac)

Lot Dimensions (est.)127 ft wide × 40 ft deep

Year Built1926

Property ClassRESIDENTIAL

OwnerROBERT R NESS

Assessed Value$189,100

Land Value$47,000

Building Value$142,100

Annual Tax$2,491

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

3 permits on record since 2019 · $6K total declared value · Most recent: Apr 2023 (res)

ResApr 2023Closed

Admiral Radon & Mechanical Services LLC

ExistresOct 2022Closed

Hoffman Refrigeration and Heating Ltd

MiscOct 2019Closed

$6K

JTR Roofing Inc

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

Neighborhood Profile

Victory · Minneapolis

Median reported rent717/mo

Renter-occupied29.2%

Median home value$230K

Vacancy rate2.1%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 1002

Market Snapshot

Zip code 55412

Median sale price$225K-2.2% YoY

Median price / sqft$172/sqft

Median days to close31 days

Active listings67

Source: Redfin Data Center (Invalid Date) · Zip 55412

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 width114 ft

Buildable depth0 ft

Area~2,369 sqft

Lot dimensions are insufficient for the standard setbacks shown.

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 2,369 sqft buildable area.

Est. units

Yield on cost

1.7%

Spread

-3.8%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
4606 SHERIDAN AVE N MINNEAPOLIS MN 55412	ANTHONY TURNER SR	RESIDENTIAL	$268,300	40 ft
4610 SHERIDAN AVE N MINNEAPOLIS MN 55412	HANNAH M FIE & AARON M LEWIS	RESIDENTIAL	$187,000	81 ft
4554 SHERIDAN AVE N MINNEAPOLIS MN 55412	MARK CAMPBELL	RESIDENTIAL	$269,400	101 ft
4614 SHERIDAN AVE N MINNEAPOLIS MN 55412	KIT T CHEONG	RESIDENTIAL	$210,100	121 ft
4601 RUSSELL AVE N MINNEAPOLIS MN 55412	AARON ASMUNDSON	RESIDENTIAL	$237,800	140 ft
4550 SHERIDAN AVE N MINNEAPOLIS MN 55412	ALEXANDER J & KALE A DUDEN	RESIDENTIAL	$187,400	144 ft
4607 RUSSELL AVE N MINNEAPOLIS MN 55412	L CAMPBELL & S CAMPBELL	RESIDENTIAL	$199,900	146 ft
4618 SHERIDAN AVE N MINNEAPOLIS MN 55412	WAYNE A WERNER ETAL	RESIDENTIAL	$265,600	162 ft
4611 RUSSELL AVE N MINNEAPOLIS MN 55412	T W WARE SR & T J WARE	RESIDENTIAL	$215,500	163 ft
2501 46TH AVE N MINNEAPOLIS MN 55412	HENNEPIN FORFEITED LAND	VACANT LAND-RESIDENTIAL	$0	172 ft

Property History

Most Recent Sale

Date200011

Price$50,000

TypeCONTRACT FOR DEED

Current Tax Year

Year2026

Tax Due$2,491