5237 4TH ST N MINNEAPOLIS MN 55430

PID: 1211821120103

Property Overview

Parcel ID1211821120103

Lot Size5,175 sq ft (0.119 ac)

Lot Dimensions (est.)129 ft wide × 40 ft deep

Year Built1948

Property ClassRESIDENTIAL

OwnerHANNAH P RAVNAAS

Assessed Value$157,700

Land Value$42,000

Building Value$115,700

Annual Tax$1,986

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictUnknown

Development Opportunities

Area of Concentrated PovertyHigh

In an ACP50 area — a Minneapolis priority designation that increases scoring for Great Streets gap financing, Affordable Housing Trust Fund, and other CPED programs.

Minneapolis — Affordable Housing Trust Fund ↗

Potential programs

Great Streets Gap FinancingMedium

Below-market loans for commercial real estate development and rehabilitation on eligible corridors; priority given to Green Zone and ACP50 locations.

Minneapolis Great Streets — Gap Financing ↗

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

Permit History

No permits found in Minneapolis open data for this parcel.

Neighborhood Profile

Lind - Bohanon · Minneapolis

Median reported rent1,200/mo

Renter-occupied30.7%

Median home value$219K

Vacancy rate6.6%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 1.02

Market Snapshot

Zip code 55430

Median sale price$285K+3.3% YoY

Median price / sqft$175/sqft

Median days to close36 days

Active listings37

Source: Redfin Data Center (Invalid Date) · Zip 55430

Zoning

UN1Urban Neighborhood 1

Urban Neighborhood 1 — low-density residential

Typical Uses

·Single-family homes
·Duplexes
·Accessory dwelling units

Max Height35 ft

Development Potential

Setbacks

Front20 ft

Side (each)5 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width30 ft

Buildable depth89 ft

Area~2,680 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 2,680 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
5239 4TH ST N MINNEAPOLIS MN 55430	ANDREW HYUNWOO KARIS	RESIDENTIAL	$184,800	40 ft
5235 4TH ST N MINNEAPOLIS MN 55430	SIMONS REVOCABLE TRUST	RESIDENTIAL	$102,000	40 ft
5243 4TH ST N MINNEAPOLIS MN 55430	ANNIE P AARON LEE	RESIDENTIAL	$212,800	80 ft
5227 4TH ST N MINNEAPOLIS MN 55430	DARRELL SCHUSTER	RESIDENTIAL	$125,700	80 ft
5247 4TH ST N MINNEAPOLIS MN 55430	P O NIEWENKERK & N RODNEY	RESIDENTIAL	$190,900	120 ft
5223 4TH ST N MINNEAPOLIS MN 55430	JIMMY LOUIS MOONEY II	RESIDENTIAL	$202,100	120 ft
5234 6TH ST N MINNEAPOLIS MN 55430	MAHAD ALI & SAQO HERSI	RESIDENTIAL	$244,400	143 ft
5230 6TH ST N MINNEAPOLIS MN 55430	RECIA CRUTCHER-HUGHES	RESIDENTIAL	$192,800	148 ft
5238 6TH ST N MINNEAPOLIS MN 55430	JAMES NIELSEN	RESIDENTIAL	$231,200	149 ft
5219 4TH ST N MINNEAPOLIS MN 55430	S E KRAFT & T SCHENK	RESIDENTIAL	$137,400	161 ft

Property History

Most Recent Sale

Date202111

Price$126,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$1,986