523 49TH AVE N MINNEAPOLIS MN 55430

PID: 1211821420069

Property Overview

Parcel ID1211821420069

Lot Size6,237 sq ft (0.143 ac)

Lot Dimensions (est.)61 ft wide × 103 ft deep

Year Built1996

Property ClassRESIDENTIAL

OwnerTAWANA D COLEMAN-COOPER

Assessed Value$270,000

Land Value$30,000

Building Value$240,000

Annual Tax$4,180

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

UN2Urban Neighborhood 2

Urban Neighborhood 2 — moderate-density residential

Typical Uses

·Duplexes
·Triplexes
·Small apartment buildings (≤4 units)

Max Height35 ft

Development Potential

Setbacks

Front20 ft

Side (each)5 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width50 ft

Buildable depth64 ft

Area~3,212 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 small multifamily (2–4 units, wood frame) benchmarks for 3,212 sqft buildable area.

Est. units

Yield on cost

4.2%

Spread

-1.3%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
531 49TH AVE N MINNEAPOLIS MN 55430	CHRISTOPHER J CARON	VACANT LAND-RESIDENTIAL	$35,000	74 ft
517 49TH AVE N MINNEAPOLIS MN 55430	GUILLERMO IBARRA TEJEDA ETAL	RESIDENTIAL	$222,600	81 ft
4851 LYNDALE AVE N MINNEAPOLIS MN 55430	JUDITH XIONG & CLAYTON XIONG	RESIDENTIAL	$272,200	135 ft
4840 6TH ST N MINNEAPOLIS MN 55430	JEREMY M PHELAN	RESIDENTIAL	$250,200	152 ft
4843 LYNDALE AVE N MINNEAPOLIS MN 55430	RESIDENTIAL CREDIT OPP TRUST	RESIDENTIAL	$147,200	158 ft
4858 6TH ST N MINNEAPOLIS MN 55430	ASHLYNN MARIE/QUINN MSELLON	RESIDENTIAL	$183,000	166 ft
4852 6TH ST N MINNEAPOLIS MN 55430	JOHN O LUND & WIFE	RESIDENTIAL	$95,900	166 ft
4848 6TH ST N MINNEAPOLIS MN 55430	HEATHER FLETCHER	RESIDENTIAL	$174,000	167 ft
4857 LYNDALE AVE N MINNEAPOLIS MN 55430	CREATIVE MORTGAGE PARTNERS	RESIDENTIAL	$95,000	170 ft
4859 LYNDALE AVE N MINNEAPOLIS MN 55430	KARUNAKARAN DURAI	LAND-COMMERCIAL	$0	177 ft

Property History

Most Recent Sale

Date202603

Price$299,500

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$4,180