1016 47TH AVE N MINNEAPOLIS MN 55412

PID: 1211821310105

Property Overview

Parcel ID1211821310105

Lot Size3,616 sq ft (0.083 ac)

Lot Dimensions (est.)40 ft wide × 90 ft deep

Year Built1922

Property ClassRESIDENTIAL

OwnerMELISSA A WINSHIP

Assessed Value$212,400

Land Value$30,000

Building Value$182,400

Annual Tax$3,069

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

4 permits on record since 2017 · $23K total declared value · Most recent: Oct 2024 (accessory)

AccessoryOct 2024Closed

$16K

WESTERN CONSTRUCTION INC

ExistresMar 2020Closed

TWIN CITY HEATING AND AIR

MiscJul 2019Closed

$2K

HIGH CALIBER CONSTRUCTION LLC

MiscApr 2017Closed

$5K

MC EXTERIORS 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 55412

Median sale price$225K-2.2% YoY

Median price / sqft$172/sqft

Median days to close31 days

Active listings67

Source: Redfin Data Center (Invalid Date) · Zip 55412

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 width30 ft

Buildable depth50 ft

Area~1,513 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 1,513 sqft buildable area.

Est. units

Yield on cost

2.6%

Spread

-2.9%

Loading map…

Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
1012 47TH AVE N MINNEAPOLIS MN 55412	KEVIN RICHARDS	RESIDENTIAL	$168,000	40 ft
1020 47TH AVE N MINNEAPOLIS MN 55412	SANDRA RENE SHORT-HILL	RESIDENTIAL	$250,700	42 ft
4710 DUPONT AVE N MINNEAPOLIS MN 55430	KEVIN STRINGER	RESIDENTIAL	$152,300	65 ft
4714 DUPONT AVE N MINNEAPOLIS MN 55430	R HILL & K PETERSON	RESIDENTIAL	$140,400	105 ft
4656 DUPONT AVE N MINNEAPOLIS MN 55412	KENTAE ROBERSON	RESIDENTIAL-TWO UNIT	$307,100	124 ft
4701 COLFAX AVE N MINNEAPOLIS MN 55430	KRISTINE A BONDE	RESIDENTIAL	$216,000	136 ft
4707 COLFAX AVE N MINNEAPOLIS MN 55430	WAYNE P ROHLF	RESIDENTIAL	$126,200	138 ft
4718 DUPONT AVE N MINNEAPOLIS MN 55430	HERMAN PEREZ	RESIDENTIAL	$107,800	145 ft
4711 COLFAX AVE N MINNEAPOLIS MN 55430	CASSIE YOUNG	RESIDENTIAL	$252,400	150 ft
4654 DUPONT AVE N MINNEAPOLIS MN 55412	R MILLER & L MILLER	RESIDENTIAL-TWO UNIT	$222,100	163 ft

Property History

Most Recent Sale

Date202002

Price$135,700

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$3,069