4424 LONGFELLOW AVE MINNEAPOLIS MN 55407

PID: 1202824330006

Property Overview

Parcel ID1202824330006

Lot Size7,323 sq ft (0.168 ac)

Lot Dimensions (est.)122 ft wide × 60 ft deep

Year Built1946

Property ClassRESIDENTIAL

OwnerCRAIG BJELLA & SHARON BJELLA

Assessed Value$436,800

Land Value$197,000

Building Value$239,800

Annual Tax$6,635

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

5 permits on record since 2017 · $33K total declared value · Most recent: Apr 2022 (res)

ResApr 2022Closed

CenterPoint Energy Resource Corp

MiscSep 2020Closed

$18K

Minnesota Rusco Inc

ResDec 2017Closed

Weld and Sons Plumbing Inc

RemodelNov 2017Closed

$15K

Laura E Kasey

ResMar 2017Closed

Warners Stellian Co Inc

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

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

UN2Urban Neighborhood 2

Urban Neighborhood 2 — moderate-density residential

Typical Uses

·Duplexes
·Triplexes
·Small apartment buildings (≤4 units)

Max Height35 ft

Development Potential

Setbacks

Front20 ft

Side (each)5 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width50 ft

Buildable depth82 ft

Area~4,101 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 4,101 sqft buildable area.

Est. units

Yield on cost

4.0%

Spread

-1.5%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
4432 LONGFELLOW AVE MINNEAPOLIS MN 55407	ELIZABETH ANN SCOTT TRUSTEE	RESIDENTIAL	$748,000	50 ft
4420 LONGFELLOW AVE MINNEAPOLIS MN 55407	HALVERSON LIVING TRUST	RESIDENTIAL	$360,600	53 ft
4434 LONGFELLOW AVE MINNEAPOLIS MN 55407	HEATHER STOLSON	RESIDENTIAL	$349,800	90 ft
4414 LONGFELLOW AVE MINNEAPOLIS MN 55407	D J KELLY & K A KELLY TRSTES	RESIDENTIAL	$448,800	123 ft
4438 LONGFELLOW AVE MINNEAPOLIS MN 55407	M SPLEISS & B A SPLEISS	RESIDENTIAL	$343,100	130 ft
4427 CEDAR AVE S MINNEAPOLIS MN 55407	ERIC M HERR	RESIDENTIAL	$282,000	136 ft
4423 CEDAR AVE S MINNEAPOLIS MN 55407	MICHELLE MARIE MEHRER	RESIDENTIAL	$357,600	143 ft
4431 CEDAR AVE S MINNEAPOLIS MN 55407	SHIRLEY A NELSON	RESIDENTIAL	$274,700	144 ft
4435 CEDAR AVE S MINNEAPOLIS MN 55407	C M GORDON-GAU ET AL SUB/L E	RESIDENTIAL	$377,900	162 ft
4417 CEDAR AVE S MINNEAPOLIS MN 55407	J WILKINS & G M WILKINS	RESIDENTIAL-TWO UNIT	$414,900	166 ft

Property History

Most Recent Sale

Date202004

Price$395,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$6,635