5244 4TH ST N MINNEAPOLIS MN 55430

PID: 1211821120160

Property Overview

Parcel ID1211821120160

Lot Size7,899 sq ft (0.181 ac)

Lot Dimensions (est.)135 ft wide × 58 ft deep

Year Built1950

Property ClassRESIDENTIAL

OwnerR A OTTOSON & M OTTOSON

Assessed Value$204,000

Land Value$40,000

Building Value$164,000

Annual Tax$2,762

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

4 permits on record since 2020 · $6K total declared value · Most recent: May 2026 (misc)

MiscMay 2026Final Inspection

$2K

THE HOME DEPOT

ResAug 2024Closed

Urban Pine Plumbing and Mechanical Inc

ExistresOct 2020Closed

Residential Heating and Air Conditioning Inc

MiscJun 2020Closed

$3K

RENEWAL BY ANDERSEN CORP

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

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

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 width122 ft

Buildable depth18 ft

Area~5,573 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 5,573 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
5240 4TH ST N MINNEAPOLIS MN 55430	KENNETH C GRAUMAN	RESIDENTIAL	$151,700	65 ft
5236 4TH ST N MINNEAPOLIS MN 55430	PLAZA HOLDINGS LLC	RESIDENTIAL	$190,000	115 ft
5230 4TH ST N MINNEAPOLIS MN 55430	RONALD L MOORE	RESIDENTIAL	$252,600	175 ft
5251 4TH ST N MINNEAPOLIS MN 55430	E R OINES & S KHAKOO	RESIDENTIAL	$257,100	187 ft
5247 4TH ST N MINNEAPOLIS MN 55430	P O NIEWENKERK & N RODNEY	RESIDENTIAL	$190,900	191 ft
5259 4TH ST N MINNEAPOLIS MN 55430	ERIC A & ANGELA E HOWE	RESIDENTIAL	$198,400	197 ft
5243 4TH ST N MINNEAPOLIS MN 55430	ANNIE P AARON LEE	RESIDENTIAL	$212,800	203 ft
5239 4TH ST N MINNEAPOLIS MN 55430	ANDREW HYUNWOO KARIS	RESIDENTIAL	$184,800	222 ft
5222 4TH ST N MINNEAPOLIS MN 55430	CASEY R CARLSON	RESIDENTIAL	$215,500	235 ft
5237 4TH ST N MINNEAPOLIS MN 55430	HANNAH P RAVNAAS	RESIDENTIAL	$157,700	246 ft

Property History

Current Tax Year

Year2026

Tax Due$2,762