4827 EMERSON AVE N MINNEAPOLIS MN 55430

PID: 1211821320034

Property Overview

Parcel ID1211821320034

Lot Size6,497 sq ft (0.149 ac)

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

Year Built1942

Property ClassRESIDENTIAL

OwnerT HAVISTO & J RICHARDS

Assessed Value$176,200

Land Value$40,000

Building Value$136,200

Annual Tax$2,998

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 width40 ft

Buildable depth90 ft

Area~3,596 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 3,596 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
4823 EMERSON AVE N MINNEAPOLIS MN 55430	TERRI MARIE SCHUMACHER	RESIDENTIAL	$203,300	50 ft
4835 EMERSON AVE N MINNEAPOLIS MN 55430	M L MERCHAN & G E ASTUDILLO	RESIDENTIAL	$163,700	100 ft
4819 EMERSON AVE N MINNEAPOLIS MN 55430	PRESTON WILLIAM STURM	RESIDENTIAL	$180,000	100 ft
4826 FREMONT AVE N MINNEAPOLIS MN 55430	WE ARE SUPERIOR CONTRACTS	RESIDENTIAL	$219,500	144 ft
4815 EMERSON AVE N MINNEAPOLIS MN 55430	BRADLEY WEGNER	RESIDENTIAL	$118,600	150 ft
4822 FREMONT AVE N MINNEAPOLIS MN 55430	JAYNE M CASE	RESIDENTIAL	$221,300	151 ft
4830 FREMONT AVE N MINNEAPOLIS MN 55430	H NGUYEN & K T NGUYEN	RESIDENTIAL	$221,000	153 ft
4818 FREMONT AVE N MINNEAPOLIS MN 55430	ADOBE PROP MGMT LLC	RESIDENTIAL	$165,900	174 ft
4834 FREMONT AVE N MINNEAPOLIS MN 55430	HUNG NGUYEN	RESIDENTIAL	$223,900	176 ft

Property History

Most Recent Sale

Date201107

Price$123,000

TypeCONTRACT FOR DEED

Current Tax Year

Year2026

Tax Due$2,998