4951 4TH CT N MINNEAPOLIS MN 55430

PID: 1211821130168

Property Overview

Parcel ID1211821130168

Lot Size14,401 sq ft (0.331 ac)

Lot Dimensions (est.)161 ft wide × 89 ft deep

Year Built1981

Property ClassRESIDENTIAL

OwnerMARISHA IVERS & JOSHUA IVERS

Assessed Value$269,600

Land Value$56,000

Building Value$213,600

Annual Tax$3,860

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 2017 · $6K total declared value · Most recent: Oct 2018 (res)

ResOct 2018Closed

BENJAMIN FRANKLIN PLUMBING

MiscNov 2017Closed

$6K

SANDSTONE REMODELING LLC

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 width0 ft

Buildable depth2,017 ft

Area~12,101 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 sfr / adu benchmarks for 12,101 sqft buildable area.

Est. units

Yield on cost

3.5%

Spread

-2.0%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
4945 4TH CT N MINNEAPOLIS MN 55430	ZITLALI OCHOA RIOS	RESIDENTIAL	$275,200	88 ft
5001 4TH ST N MINNEAPOLIS MN 55430	SUE YANG	RESIDENTIAL	$322,200	112 ft
4950 4TH CT N MINNEAPOLIS MN 55430	C WRIGHT & A WRIGHT	RESIDENTIAL	$290,000	137 ft
4954 6TH ST N MINNEAPOLIS MN 55430	A E CAYETANO/C M LORENZO	RESIDENTIAL	$336,400	166 ft
5000 4TH ST N MINNEAPOLIS MN 55430	SOMSAK PHOMPHAKDY ET AL	RESIDENTIAL	$268,300	169 ft
4948 6TH ST N MINNEAPOLIS MN 55430	MICHELLE J LEGER	RESIDENTIAL	$294,500	176 ft
4933 4TH CT N MINNEAPOLIS MN 55430	MICHAEL MCMILLIAN	RESIDENTIAL	$296,800	177 ft
5000 6TH ST N MINNEAPOLIS MN 55430	DAVID J FRANICOLA	RESIDENTIAL-ZERO LOT LINE	$138,400	195 ft
4942 6TH ST N MINNEAPOLIS MN 55430	ZAYLORE S STOUT	RESIDENTIAL	$347,100	204 ft
4944 4TH CT N MINNEAPOLIS MN 55430	JEREMIAH J CARTER	RESIDENTIAL	$259,900	206 ft

Property History

Most Recent Sale

Date201712

Price$175,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$3,860