4500 LONGFELLOW AVE MINNEAPOLIS MN 55407

PID: 1202824330027

Property Overview

Parcel ID1202824330027

Lot Size4,045 sq ft (0.093 ac)

Lot Dimensions (est.)122 ft wide × 33 ft deep

Year Built1926

Property ClassRESIDENTIAL

OwnerP R MOORE & J L HALL

Assessed Value$312,700

Land Value$149,000

Building Value$163,700

Annual Tax$4,565

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

2 permits on record since 2022 · $11K total declared value · Most recent: Jun 2022 (misc)

MiscJun 2022Closed

$11K

LARVINETTE SERVICES

ResApr 2022Closed

CenterPoint Energy Resource Corp

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

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 width109 ft

Buildable depth0 ft

Area~1,652 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 small multifamily (2–4 units, wood frame) benchmarks for 1,652 sqft buildable area.

Est. units

Yield on cost

3.0%

Spread

-2.5%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
4504 LONGFELLOW AVE MINNEAPOLIS MN 55407	I J PRICHARD/L E E PRICHARD	RESIDENTIAL	$391,800	36 ft
4508 LONGFELLOW AVE MINNEAPOLIS MN 55407	ROXANNE J RUDOLPH	RESIDENTIAL	$271,000	77 ft
4454 LONGFELLOW AVE MINNEAPOLIS MN 55407	P C SHERIDAN & D M AMBROSY	RESIDENTIAL	$420,600	103 ft
4512 LONGFELLOW AVE MINNEAPOLIS MN 55407	JOSHUA A ROBERTSON ET AL	RESIDENTIAL	$752,500	116 ft
4501 CEDAR AVE S MINNEAPOLIS MN 55407	I V CRESPO/J VAZQUEZ ET AL	RESIDENTIAL	$271,900	136 ft
4505 CEDAR AVE S MINNEAPOLIS MN 55407	S T BERGEN & S B JOHNSON	RESIDENTIAL	$371,600	140 ft
4450 LONGFELLOW AVE MINNEAPOLIS MN 55407	WILLIAM MILEY & BETH MILEY	RESIDENTIAL	$456,900	143 ft
4509 CEDAR AVE S MINNEAPOLIS MN 55407	MATTHEW R ANDERSON	RESIDENTIAL	$380,200	155 ft
4514 LONGFELLOW AVE MINNEAPOLIS MN 55407	D R SCHERR & D SCHERR	RESIDENTIAL	$282,500	157 ft
4455 CEDAR AVE S MINNEAPOLIS MN 55407	SARAH A BOLSTAD	RESIDENTIAL	$352,400	171 ft

Property History

Most Recent Sale

Date202506

Price$275,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$4,565