4858 EMERSON AVE N MINNEAPOLIS MN 55430

PID: 1211821320266

Property Overview

Parcel ID1211821320266

Lot Size5,142 sq ft (0.118 ac)

Lot Dimensions (est.)129 ft wide × 40 ft deep

Year Built2002

Property ClassRESIDENTIAL

OwnerRAGHNI RAMRUP

Assessed Value$327,600

Land Value$35,000

Building Value$292,600

Annual Tax$4,870

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictUnknown

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

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

Front Street

On corner lots, the selected street determines which setbacks apply to each side.

Setbacks

Front20 ft

Interior side5 ft

Street side (est.)8 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width116 ft

Buildable depth0 ft

Area~2,391 sqft

Lot dimensions are insufficient for the standard setbacks shown.

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 2,391 sqft buildable area.

Est. units

Yield on cost

1.7%

Spread

-3.8%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
4854 EMERSON AVE N MINNEAPOLIS MN 55430	M A KLATTE & A G D KLATTE	RESIDENTIAL	$172,300	40 ft
4850 EMERSON AVE N MINNEAPOLIS MN 55430	LAWRENCE & S JACOBSON TRUST	LOW INCOME RENTAL	$196,400	80 ft
4902 EMERSON AVE N MINNEAPOLIS MN 55430	CITY OF MPLS THROUGH PK BD	VACANT LAND-RESIDENTIAL	$0	108 ft
4846 EMERSON AVE N MINNEAPOLIS MN 55430	SALEE VANG	RESIDENTIAL	$229,400	120 ft
4859 DUPONT AVE N MINNEAPOLIS MN 55430	DAVID E & SALLIE A WHITEFORD	RESIDENTIAL	$246,600	142 ft
4855 DUPONT AVE N MINNEAPOLIS MN 55430	CHRISTI L/DAVID C MARTINSON	RESIDENTIAL	$193,600	148 ft
4906 EMERSON AVE N MINNEAPOLIS MN 55430	PATRICIA MARIE KOLOSKY	RESIDENTIAL	$246,400	150 ft
4842 EMERSON AVE N MINNEAPOLIS MN 55430	ACACIA IDEZ HARRIS	RESIDENTIAL	$202,000	160 ft
4851 DUPONT AVE N MINNEAPOLIS MN 55430	MICHELIN PROPERTIES LLC	RESIDENTIAL	$120,000	164 ft
4901 DUPONT AVE N MINNEAPOLIS MN 55430	CITY OF MPLS THROUGH PK BD	VACANT LAND-RESIDENTIAL	$0	176 ft

Property History

Most Recent Sale

Date201002

Price$99,900

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$4,870