4309 CEDAR AVE S MINNEAPOLIS MN 55407

PID: 1202824320143

Property Overview

Parcel ID1202824320143

Lot Size4,881 sq ft (0.112 ac)

Lot Dimensions (est.)122 ft wide × 40 ft deep

Year Built1936

Property ClassRESIDENTIAL

OwnerB R COMSTOCK TRUST ET AL

Assessed Value$382,600

Land Value$107,000

Building Value$275,600

Annual Tax$5,731

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Development Opportunities

Goods and Services CorridorHigh

On a Minneapolis 2040 Goods and Services Corridor — zoning supports commercial and light industrial uses.

Minneapolis Great Streets ↗

Potential programs

Great Streets Façade Improvement ProgramMedium

Matching grants for exterior improvements to commercial buildings on eligible corridors; contact CPED for current availability.

Minneapolis — Facade Improvement Matching Grant ↗

Environmental Response FundMedium

Grants and loans for contamination assessment and cleanup on eligible redevelopment sites; does not indicate known contamination.

Minneapolis — Brownfield Grants ↗

Signals are based on public datasets; program eligibility requires verification.

Permit History

No permits found in Minneapolis open data for this parcel.

Neighborhood Profile

Ericsson · Minneapolis

Median reported rent1,733/mo

Renter-occupied14.2%

Median home value$372K

Vacancy rate2.6%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 1111

Market Snapshot

Zip code 55407

Median sale price$340K+1.5% YoY

Median price / sqft$214/sqft

Median days to close22 days

Active listings49

Source: Redfin Data Center (Invalid Date) · Zip 55407

Zoning

RM1Residence Goods and Services

Residential Mixed-Use 1 — low-density mixed residential

Typical Uses

·Apartments
·Townhomes
·Neighborhood-scale retail on ground floor

Max Height45 ft

Development Potential

Setbacks

Front20 ft

Side (each)5 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width30 ft

Buildable depth82 ft

Area~2,460 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 2,460 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
4311 CEDAR AVE S MINNEAPOLIS MN 55407	GERALDINE B MICHAEL	RESIDENTIAL	$270,600	40 ft
1835 43RD ST E MINNEAPOLIS MN 55407	BLAIR HALPERIN/KEEGAN	RESIDENTIAL	$432,700	65 ft
4301 CEDAR AVE S MINNEAPOLIS MN 55407	4301 CEDAR LLC	COMMERCIAL-PREFERRED	$269,000	66 ft
4315 CEDAR AVE S MINNEAPOLIS MN 55407	ROBERT K EVEREST	RESIDENTIAL-TWO UNIT	$343,500	80 ft
4319 CEDAR AVE S MINNEAPOLIS MN 55407	C T & T E JOLICOEUR	RESIDENTIAL	$283,000	120 ft
4306 LONGFELLOW AVE MINNEAPOLIS MN 55407	M A LAWRENCE & N C LAWRENCE	RESIDENTIAL	$356,600	136 ft
4304 LONGFELLOW AVE MINNEAPOLIS MN 55407	JOSHUA J WEBER	RESIDENTIAL	$358,000	141 ft
4310 LONGFELLOW AVE MINNEAPOLIS MN 55407	NATHAN HUGHES & LISA FERRIAN	RESIDENTIAL	$325,700	142 ft
4300 LONGFELLOW AVE MINNEAPOLIS MN 55407	STEPHEN T HICKEY	RESIDENTIAL	$288,300	156 ft
4316 LONGFELLOW AVE MINNEAPOLIS MN 55407	TONY NAM VU	RESIDENTIAL	$171,000	158 ft

Property History

Current Tax Year

Year2026

Tax Due$5,731