4552 PENN AVE N MINNEAPOLIS MN 55412

PID: 1111821430064

Property Overview

Parcel ID1111821430064

Lot Size5,155 sq ft (0.118 ac)

Lot Dimensions (est.)123 ft wide × 42 ft deep

Year Built1927

Property ClassRESIDENTIAL

OwnerC J BALDRIDGE & A M JOPEK

Assessed Value$195,000

Land Value$47,000

Building Value$148,000

Annual Tax$2,790

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

4 permits on record since 2019 · $4K total declared value · Most recent: Aug 2021 (existres)

ExistresAug 2021Closed

NORTHERNS ONE HOUR HEATING AND AIR CONDITIONING

ExistresMar 2021Closed

Metro Heating & Cooling LLC

ResFeb 2020Closed

CenterPoint Energy Resource Corp

MiscSep 2019Closed

$4K

SOUTH FACE CREATIVE BUILDERS

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 width110 ft

Buildable depth2 ft

Area~2,399 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 2,399 sqft buildable area.

Est. units

Yield on cost

1.6%

Spread

-3.9%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
4558 PENN AVE N MINNEAPOLIS MN 55412	DANYALE POTTS	RESIDENTIAL	$295,500	38 ft
4548 PENN AVE N MINNEAPOLIS MN 55412	C B CONSTANT & J L CONSTANT	RESIDENTIAL	$149,000	42 ft
4544 PENN AVE N MINNEAPOLIS MN 55412	COMMUNITY HOUSING RESOURCES	RESIDENTIAL	$0	88 ft
4600 PENN AVE N MINNEAPOLIS MN 55412	B L RICHARDSON/R R MUHAMMED	RESIDENTIAL	$217,800	135 ft
4557 OLIVER AVE N MINNEAPOLIS MN 55412	CONOR MELHOUSE	RESIDENTIAL	$147,900	140 ft
4555 OLIVER AVE N MINNEAPOLIS MN 55412	DUANE E PETERSON	RESIDENTIAL	$120,700	140 ft
4540 PENN AVE N MINNEAPOLIS MN 55412	J D LARSON & C A LARSON	RESIDENTIAL	$274,000	141 ft
4551 OLIVER AVE N MINNEAPOLIS MN 55412	LINDA L LINDQUIST	RESIDENTIAL	$158,900	153 ft
4543 OLIVER AVE N MINNEAPOLIS MN 55412	K R REES & R A CHREST RV TRU	RESIDENTIAL	$260,700	175 ft
4606 PENN AVE N MINNEAPOLIS MN 55412	CHARLES M SKIFF	RESIDENTIAL	$242,500	177 ft

Property History

Most Recent Sale

Date202107

Price$238,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$2,790