4627 EMERSON AVE N MINNEAPOLIS MN 55412

PID: 1211821330055

Property Overview

Parcel ID1211821330055

Lot Size5,177 sq ft (0.119 ac)

Lot Dimensions (est.)130 ft wide × 40 ft deep

Year Built1965

Property Class—

OwnerCITY/LAKES COMMUNITY LAND TR

Assessed Value$238,900

Land Value$37,000

Building Value$201,900

Annual Tax$2,460

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

Setbacks

Front20 ft

Side (each)5 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width30 ft

Buildable depth89 ft

Area~2,682 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 2,682 sqft buildable area.

Est. units

Yield on cost

3.0%

Spread

-2.5%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
4631 EMERSON AVE N MINNEAPOLIS MN 55412	RACHEL A DOMBI	RESIDENTIAL	$154,800	40 ft
4623 EMERSON AVE N MINNEAPOLIS MN 55412	DAVID E DAVIES	RESIDENTIAL	$202,700	40 ft
4635 EMERSON AVE N MINNEAPOLIS MN 55412	BRENT PARSHALL	RESIDENTIAL	$0	80 ft
4619 EMERSON AVE N MINNEAPOLIS MN 55412	JAIME SIERRA/VERONICA GARCIA	RESIDENTIAL	$190,000	80 ft
4639 EMERSON AVE N MINNEAPOLIS MN 55412	JENNIFER BOYD	RESIDENTIAL	$169,500	120 ft
4615 EMERSON AVE N MINNEAPOLIS MN 55412	WILLIAM R HENNEN	RESIDENTIAL	$166,400	120 ft
4626 FREMONT AVE N MINNEAPOLIS MN 55412	C L GILBERT & R E GILBERT	RESIDENTIAL	$212,300	143 ft
4630 FREMONT AVE N MINNEAPOLIS MN 55412	CITY/LAKES COMMUNITY LAND TR	—	$92,000	149 ft
4620 FREMONT AVE N MINNEAPOLIS MN 55412	COUNTY OF HENNEPIN	VACANT LAND-RESIDENTIAL	$0	156 ft
4643 EMERSON AVE N MINNEAPOLIS MN 55412	CAG MINNESOTA FUND I LLC	RESIDENTIAL	$202,800	160 ft

Property History

Most Recent Sale

Date202404

Price$80,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$2,460