4546 CAMDEN AVE N MINNEAPOLIS MN 55412

PID: 1211821430043

Property Overview

Parcel ID1211821430043

Lot Size5,142 sq ft (0.118 ac)

Lot Dimensions (est.)128 ft wide × 40 ft deep

Year Built1921

Property ClassRESIDENTIAL

OwnerM BREKKE & J H BREKKE

Assessed Value$170,500

Land Value$31,000

Building Value$139,500

Annual Tax$2,435

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

1 permit on record since 2025 · $15K total declared value · Most recent: May 2025 (misc)

MiscMay 2025Expired

$15K

THE HOME DEPOT

Source: Minneapolis open data. Declared construction values are applicant-reported and may not reflect actual project cost.

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

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 width30 ft

Buildable depth89 ft

Area~2,655 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 2,655 sqft buildable area.

Est. units

Yield on cost

3.6%

Spread

-1.9%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
4550 CAMDEN AVE N MINNEAPOLIS MN 55412	KENNETH NIELSEN	RESIDENTIAL	$176,100	40 ft
4538 CAMDEN AVE N MINNEAPOLIS MN 55412	DAVID MEAWAY/JOKO MEAWAY	RESIDENTIAL	$187,100	51 ft
623 46TH AVE N MINNEAPOLIS MN 55412	CHOU LOR	RESIDENTIAL	$115,900	102 ft
4534 CAMDEN AVE N MINNEAPOLIS MN 55412	E ARAM & S E SCHOEN	RESIDENTIAL	$226,300	103 ft
615 46TH AVE N MINNEAPOLIS MN 55412	BRIAN MENSCHING	RESIDENTIAL	$114,000	109 ft
4539 LYNDALE AVE N MINNEAPOLIS MN 55412	SOOKDEO SOMAIAH	COMMERCIAL-PREFERRED	$472,000	135 ft
4530 CAMDEN AVE N MINNEAPOLIS MN 55412	LAVONNE FLEURANT	RESIDENTIAL	$233,200	143 ft
4555 LYNDALE AVE N MINNEAPOLIS MN 55412	SOOKDEO SOMAIAH	LAND-COMMERCIAL	$34,700	164 ft
4535 LYNDALE AVE N MINNEAPOLIS MN 55412	PIERRE EMIL CHAMATY	COMMERCIAL-PREFERRED	$307,000	168 ft
4526 CAMDEN AVE N MINNEAPOLIS MN 55412	W & L PROPERTIES LLC LLC	RESIDENTIAL	$178,400	183 ft

Property History

Most Recent Sale

Date199306

Price$54,000

TypeOTHER – SEE CERTIFICATE OF REAL ESTATE VALUE (CRV)

Current Tax Year

Year2026

Tax Due$2,435