1117 47TH AVE N MINNEAPOLIS MN 55412

PID: 1211821330046

Property Overview

Parcel ID1211821330046

Lot Size4,847 sq ft (0.111 ac)

Lot Dimensions (est.)128 ft wide × 38 ft deep

Year Built1950

Property Class—

OwnerCITY/LAKES COMMUNITY LAND TR

Assessed Value$207,300

Land Value$36,000

Building Value$171,300

Annual Tax$2,084

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 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

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 width115 ft

Buildable depth0 ft

Area~242 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

Potentially Feasible

Back-of-envelope estimate based on sfr / adu benchmarks for 242 sqft buildable area.

Est. units

Yield on cost

10.8%

Spread

+5.3%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
4654 EMERSON AVE N MINNEAPOLIS MN 55412	CHELSAE GREEN SEEBACH	RESIDENTIAL	$182,100	39 ft
4650 EMERSON AVE N MINNEAPOLIS MN 55412	LATOYA D REID	RESIDENTIAL	$206,000	79 ft
4700 EMERSON AVE N MINNEAPOLIS MN 55430	JERRY L CALAWAY	RESIDENTIAL	$182,600	104 ft
4646 EMERSON AVE N MINNEAPOLIS MN 55412	MICHAEL TRAEGER	RESIDENTIAL	$205,800	119 ft
1105 47TH AVE N MINNEAPOLIS MN 55412	S A PEERY & M M JORQUERA	RESIDENTIAL	$263,500	142 ft
4655 DUPONT AVE N MINNEAPOLIS MN 55412	N WHITLEY/J I WIEHN JR	RESIDENTIAL	$151,800	148 ft
4706 EMERSON AVE N MINNEAPOLIS MN 55430	STEVEN J VALENCIC	RESIDENTIAL	$161,900	150 ft
4642 EMERSON AVE N MINNEAPOLIS MN 55412	TIMOTHY A NELSON	RESIDENTIAL	$151,000	159 ft
4651 DUPONT AVE N MINNEAPOLIS MN 55412	JENNIFER D BOCEK	RESIDENTIAL	$150,800	163 ft
4701 DUPONT AVE N MINNEAPOLIS MN 55430	S KOVACH/D KATZ/S WOJDULA	RESIDENTIAL	$341,000	175 ft

Property History

Most Recent Sale

Date202207

Price$100,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$2,084