4939 EMERSON AVE N MINNEAPOLIS MN 55430

PID: 1211821230172

Property Overview

Parcel ID1211821230172

Lot Size5,513 sq ft (0.127 ac)

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

Year Built1951

Property ClassRESIDENTIAL

OwnerCHERIA GRIGSBY

Assessed Value$255,700

Land Value$44,000

Building Value$211,700

Annual Tax$3,958

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

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 width33 ft

Buildable depth88 ft

Area~2,915 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 2,915 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
4935 EMERSON AVE N MINNEAPOLIS MN 55430	TIMOTHY L LANGMADE	RESIDENTIAL	$167,000	42 ft
4943 EMERSON AVE N MINNEAPOLIS MN 55430	DWIGHT LARSON	RESIDENTIAL	$197,200	43 ft
4931 EMERSON AVE N MINNEAPOLIS MN 55430	JOSEPH E QUINTAL	RESIDENTIAL	$207,700	85 ft
4927 EMERSON AVE N MINNEAPOLIS MN 55430	MICHAEL C STEGER	RESIDENTIAL	$224,200	128 ft
1205 50TH AVE N MINNEAPOLIS MN 55430	D STANLEY & J STANLEY	RESIDENTIAL	$417,000	136 ft
1201 50TH AVE N MINNEAPOLIS MN 55430	C J JAMNIK & K HUGGAR	RESIDENTIAL	$367,000	142 ft
4936 FREMONT AVE N MINNEAPOLIS MN 55430	SONYA CHRISSE COLEMAN	RESIDENTIAL	$144,100	143 ft
1209 50TH AVE N MINNEAPOLIS MN 55430	CHAI XIONG & TALEE VANG	RESIDENTIAL	$433,100	147 ft
4932 FREMONT AVE N MINNEAPOLIS MN 55430	MELISSA C JOHNSON	RESIDENTIAL	$182,900	149 ft
4940 FREMONT AVE N MINNEAPOLIS MN 55430	MICHAEL KLATTE ET AL	RESIDENTIAL	$179,900	150 ft

Property History

Most Recent Sale

Date202209

Price$260,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$3,958