4608 LONGFELLOW AVE MINNEAPOLIS MN 55407

PID: 1302824220003

Property Overview

Parcel ID1302824220003

Lot Size5,700 sq ft (0.131 ac)

Lot Dimensions (est.)122 ft wide × 47 ft deep

Year Built1974

Property ClassRESIDENTIAL

OwnerD E GREGORY & A J GREGORY

Assessed Value$407,000

Land Value$179,000

Building Value$228,000

Annual Tax$6,138

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

4 permits on record since 2019 · Most recent: Feb 2025 (existres)

ExistresFeb 2025Inspection

Ray N Welter Heating Co

ResMay 2020Closed

CHAMPION PLUMBING LLC

ResFeb 2020Closed

Easco Plumbing and Heating Inc

ResJul 2019Closed

MN Plumbing & Home Services INC

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

Neighborhood Profile

Ericsson · Minneapolis

Median reported rent1,733/mo

Renter-occupied14.2%

Median home value$372K

Vacancy rate2.6%

ACS rents reflect current tenant leases and may differ from new market rents.

Source: 2022 ACS 5-Year Estimates · Census Tract 1111

Market Snapshot

Zip code 55407

Median sale price$340K+1.5% YoY

Median price / sqft$214/sqft

Median days to close22 days

Active listings49

Source: Redfin Data Center (Invalid Date) · Zip 55407

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 width37 ft

Buildable depth81 ft

Area~3,011 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 3,011 sqft buildable area.

Est. units

Yield on cost

3.5%

Spread

-2.0%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
4604 LONGFELLOW AVE MINNEAPOLIS MN 55407	W & S KERSTEN	RESIDENTIAL	$571,100	47 ft
4612 LONGFELLOW AVE MINNEAPOLIS MN 55407	SELMA K PETTERSON ET AL	RESIDENTIAL	$423,500	47 ft
4616 LONGFELLOW AVE MINNEAPOLIS MN 55407	DAMON DOUGLAS MCNEIL LEFLORE	RESIDENTIAL	$411,300	93 ft
4600 LONGFELLOW AVE MINNEAPOLIS MN 55407	B THOMPSON ET AL	RESIDENTIAL	$491,500	101 ft
4613 CEDAR AVE S MINNEAPOLIS MN 55407	CATERINA LOPESIO TRUST	RESIDENTIAL-TWO UNIT	$382,000	136 ft
4620 LONGFELLOW AVE MINNEAPOLIS MN 55407	D JENSEN & K NYQUIST	RESIDENTIAL	$407,700	140 ft
4619 CEDAR AVE S MINNEAPOLIS MN 55407	BRIAN ROBERT SECRIST	RESIDENTIAL	$401,100	143 ft
4607 CEDAR AVE S MINNEAPOLIS MN 55407	MICHAEL P LEONI	RESIDENTIAL-TWO UNIT	$384,200	144 ft
4625 CEDAR AVE S MINNEAPOLIS MN 55407	W C GRAU & W C SHELTON	RESIDENTIAL-TWO UNIT	$400,900	164 ft
4601 CEDAR AVE S MINNEAPOLIS MN 55407	HILL OXFORD TWO LLC	RESIDENTIAL-TWO UNIT	$435,500	169 ft

Property History

Most Recent Sale

Date202204

Price$535,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$6,138