4650 15TH AVE S MINNEAPOLIS MN 55407

PID: 1402824120054

Property Overview

Parcel ID1402824120054

Lot Size4,317 sq ft (0.099 ac)

Lot Dimensions (est.)127 ft wide × 34 ft deep

Year Built1924

Property ClassRESIDENTIAL

OwnerBRIGHTEYE LIVING LLC

Assessed Value$424,400

Land Value$158,000

Building Value$266,400

Annual Tax$6,427

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

6 permits on record since 2018 · $6K total declared value · Most recent: May 2025 (res)

ResMay 2025Inspection

Warners Stellian Co Inc

ResMar 2025Closed

Hero Home Services LLC

ResMar 2025Closed

Hero Home Services LLC

MiscOct 2024Closed

$6K

R & R Roofing INC

ResFeb 2018Closed

Urban Pine Plumbing and Mechanical Inc

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

Neighborhood Profile

Northrop · Minneapolis

Median reported rent1,090/mo

Renter-occupied19.0%

Median home value$334K

Vacancy rate0.0%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 110

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

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 width114 ft

Buildable depth0 ft

Area~1,825 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

Likely Infeasible

Back-of-envelope estimate based on sfr / adu benchmarks for 1,825 sqft buildable area.

Est. units

Yield on cost

1.7%

Spread

-3.8%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
4646 15TH AVE S MINNEAPOLIS MN 55407	G & J JOHNSON	RESIDENTIAL	$487,100	37 ft
4642 15TH AVE S MINNEAPOLIS MN 55407	DONALD J KOS	RESIDENTIAL	$376,600	77 ft
4700 15TH AVE S MINNEAPOLIS MN 55407	J T MADDOX & A M CORNING	RESIDENTIAL	$460,600	97 ft
4638 15TH AVE S MINNEAPOLIS MN 55407	BARRY M GREENWALD	RESIDENTIAL	$426,300	117 ft
4704 15TH AVE S MINNEAPOLIS MN 55407	J CLOUTIER & B GILLIGAN	RESIDENTIAL	$379,400	137 ft
4657 14TH AVE S MINNEAPOLIS MN 55407	MARTIN HARRIS ORENSTEN	RESIDENTIAL	$276,900	141 ft
4653 14TH AVE S MINNEAPOLIS MN 55407	DEWAYNE L LUCHSINGER	RESIDENTIAL	$322,900	146 ft
4636 15TH AVE S MINNEAPOLIS MN 55407	K G MARTTILA/C E L MARTTILA	RESIDENTIAL	$369,200	157 ft
4649 14TH AVE S MINNEAPOLIS MN 55407	REBECCA J COLESTOCK	RESIDENTIAL	$316,500	161 ft
4701 14TH AVE S MINNEAPOLIS MN 55407	K D HEBERT & S L HEBERT	RESIDENTIAL	$354,600	171 ft

Property History

Most Recent Sale

Date202502

Price$426,500

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$6,427