4835 EMERSON AVE N MINNEAPOLIS MN 55430

PID: 1211821320032

Property Overview

Parcel ID1211821320032

Lot Size6,499 sq ft (0.149 ac)

Lot Dimensions (est.)130 ft wide × 50 ft deep

Year Built1928

Property ClassRESIDENTIAL

OwnerM L MERCHAN & G E ASTUDILLO

Assessed Value$163,700

Land Value$40,000

Building Value$123,700

Annual Tax$2,365

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 2017 · $16K total declared value · Most recent: Oct 2017 (accessory)

AccessoryOct 2017Closed

$16K

Manuel L Merchan

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 width40 ft

Buildable depth90 ft

Area~3,598 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 3,598 sqft buildable area.

Est. units

Yield on cost

2.3%

Spread

-3.2%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
4831 EMERSON AVE N MINNEAPOLIS MN 55430	BRIDGE SFR IV BORROWER I LLC	RESIDENTIAL	$214,000	50 ft
4827 EMERSON AVE N MINNEAPOLIS MN 55430	T HAVISTO & J RICHARDS	RESIDENTIAL	$176,200	100 ft
4847 EMERSON AVE N MINNEAPOLIS MN 55430	FAITH TABERNACLE MINISTRIES	COMMERCIAL-PREFERRED	$0	100 ft
4834 FREMONT AVE N MINNEAPOLIS MN 55430	HUNG NGUYEN	RESIDENTIAL	$223,900	144 ft
4823 EMERSON AVE N MINNEAPOLIS MN 55430	TERRI MARIE SCHUMACHER	RESIDENTIAL	$203,300	150 ft
4830 FREMONT AVE N MINNEAPOLIS MN 55430	H NGUYEN & K T NGUYEN	RESIDENTIAL	$221,000	151 ft
4838 FREMONT AVE N MINNEAPOLIS MN 55430	PARK AVE HOMES LLC	RESIDENTIAL	$192,500	153 ft
4826 FREMONT AVE N MINNEAPOLIS MN 55430	WE ARE SUPERIOR CONTRACTS	RESIDENTIAL	$219,500	174 ft
4842 FREMONT AVE N MINNEAPOLIS MN 55430	MYOSHIA U BAJINKA	RESIDENTIAL	$259,400	176 ft
4842 EMERSON AVE N MINNEAPOLIS MN 55430	ACACIA IDEZ HARRIS	RESIDENTIAL	$202,000	189 ft

Property History

Most Recent Sale

Date201305

Price$60,000

TypeOTHER – SEE CERTIFICATE OF REAL ESTATE VALUE (CRV)

Current Tax Year

Year2026

Tax Due$2,365