5038 4TH ST N MINNEAPOLIS MN 55430

PID: 1211821130155

Property Overview

Parcel ID1211821130155

Lot Size11,769 sq ft (0.270 ac)

Lot Dimensions (est.)128 ft wide × 92 ft deep

Year Built1982

Property ClassRESIDENTIAL

OwnerVIENGKHAM PHONNGAVONG ET AL

Assessed Value$303,600

Land Value$41,000

Building Value$262,600

Annual Tax$4,430

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

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

2 permits on record since 2018 · $20K total declared value · Most recent: Apr 2024 (misc)

MiscApr 2024Closed

$20K

Warner Restoration LLC

ResJul 2018Closed

Urban Pine Plumbing and Mechanical Inc

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

Setbacks

Front20 ft

Side (each)5 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width118 ft

Buildable depth52 ft

Area~9,723 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 9,723 sqft buildable area.

Est. units

Yield on cost

3.4%

Spread

-2.1%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
5034 4TH ST N MINNEAPOLIS MN 55430	W L D A LOZA & E S M RAMOS	RESIDENTIAL	$264,500	83 ft
5042 4TH ST N MINNEAPOLIS MN 55430	WESLYN MORGAN	RESIDENTIAL	$247,000	115 ft
5018 4TH ST N MINNEAPOLIS MN 55430	ESTHERRA PROPERTIES LLC	RESIDENTIAL	$347,000	154 ft
5030 4TH ST N MINNEAPOLIS MN 55430	ANNA YANG	RESIDENTIAL	$277,300	160 ft
5046 4TH ST N MINNEAPOLIS MN 55430	DEBRA J MALKOVICH	RESIDENTIAL	$284,100	167 ft
5050 4TH ST N MINNEAPOLIS MN 55430	CITY OF LAKES COMM LND TRST	—	$266,100	202 ft
5012 4TH ST N MINNEAPOLIS MN 55430	D & B YBARRA	RESIDENTIAL	$254,200	221 ft
5031 4TH ST N MINNEAPOLIS MN 55430	CHAYEELENG X XIONG	RESIDENTIAL	$239,900	308 ft
5037 4TH ST N MINNEAPOLIS MN 55430	GALAD SHIIL DUALE	RESIDENTIAL	$268,000	309 ft
5025 4TH ST N MINNEAPOLIS MN 55430	XENG MOUA	RESIDENTIAL	$268,800	317 ft

Property History

Most Recent Sale

Date198905

Price$73,000

TypeOTHER – SEE CERTIFICATE OF REAL ESTATE VALUE (CRV)

Current Tax Year

Year2026

Tax Due$4,430