4941 FREMONT AVE N MINNEAPOLIS MN 55430

PID: 1211821230143

Property Overview

Parcel ID1211821230143

Lot Size5,512 sq ft (0.127 ac)

Lot Dimensions (est.)129 ft wide × 43 ft deep

Year Built1950

Property ClassRESIDENTIAL

OwnerOY PROPERTIES LLC

Assessed Value$171,100

Land Value$44,000

Building Value$127,100

Annual Tax$2,649

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

1 permit on record since 2023 · Most recent: Sep 2023 (res)

ResSep 2023Closed

CenterPoint Energy Resource 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$284K-2.1% YoY

Median price / sqft$184/sqft

Median days to close28 days

Active listings40

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 width33 ft

Buildable depth88 ft

Area~2,914 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 2,914 sqft buildable area.

Est. units

Yield on cost

2.7%

Spread

-2.8%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
4937 FREMONT AVE N MINNEAPOLIS MN 55430	PAUL VRIONI	RESIDENTIAL	$154,700	42 ft
4933 FREMONT AVE N MINNEAPOLIS MN 55430	JASON COLEMAN	RESIDENTIAL	$203,300	85 ft
1305 50TH AVE N MINNEAPOLIS MN 55430	NUR YUSEF	RESIDENTIAL	$366,600	93 ft
1301 50TH AVE N MINNEAPOLIS MN 55430	C PEICKERT & L SCHMALTZ	RESIDENTIAL	$358,600	102 ft
1309 50TH AVE N MINNEAPOLIS MN 55430	ANANI ADJREKE	RESIDENTIAL	$343,200	108 ft
4929 FREMONT AVE N MINNEAPOLIS MN 55430	DWAYNE MEIER	RESIDENTIAL	$162,000	128 ft
1311 50TH AVE N MINNEAPOLIS MN 55430	PARIS D GATLIN	RESIDENTIAL	$317,800	135 ft
4940 GIRARD AVE N MINNEAPOLIS MN 55430	SCOTT A RAJEWSKY	RESIDENTIAL	$179,900	143 ft
4936 GIRARD AVE N MINNEAPOLIS MN 55430	DESHAUN MCDONALD	RESIDENTIAL	$150,800	149 ft
4932 GIRARD AVE N MINNEAPOLIS MN 55430	MANA HOLDINGS GROUP LLC	RESIDENTIAL	$175,900	167 ft

Property History

Most Recent Sale

Date202406

Price$183,653

TypeQUIT CLAIM DEED

Current Tax Year

Year2026

Tax Due$2,649