4703 15TH AVE S MINNEAPOLIS MN 55407

PID: 1402824120177

Property Overview

Parcel ID1402824120177

Lot Size4,914 sq ft (0.113 ac)

Lot Dimensions (est.)123 ft wide × 40 ft deep

Year Built1924

Property ClassRESIDENTIAL

OwnerKIRSTEN P MALVEY

Assessed Value$406,000

Land Value$169,000

Building Value$237,000

Annual Tax$6,121

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

10 permits on record since 2017 · $83K total declared value · Most recent: Jul 2022 (remodel)

RemodelJul 2022Closed

$9K

KIRSTEN MALVEY

ResJun 2022Closed

KIRSTEN MALVEY

ExistresJun 2022Closed

KIRSTEN MALVEY

ResAug 2021Closed

Johnson Plumbing and Heating Co

RemodelAug 2021Closed

$22K

PLUMBLINE BUILDERS OF MINNEAPOLIS

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

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 depth83 ft

Area~2,485 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 2,485 sqft buildable area.

Est. units

Yield on cost

3.5%

Spread

-2.0%

Loading map…

Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
4701 15TH AVE S MINNEAPOLIS MN 55407	JON C PENNINGTON ET AL	RESIDENTIAL	$377,300	40 ft
4709 15TH AVE S MINNEAPOLIS MN 55407	MARIANNA MOSS/JEREMY JOHNSON	RESIDENTIAL	$375,000	40 ft
4711 15TH AVE S MINNEAPOLIS MN 55407	COURTNEY K TENOR	RESIDENTIAL	$353,900	80 ft
4715 15TH AVE S MINNEAPOLIS MN 55407	SCOTT & BRENDA GROENKE	RESIDENTIAL	$452,400	120 ft
4704 BLOOMINGTON AVE MINNEAPOLIS MN 55407	DARION FLETCHER	RESIDENTIAL-TWO UNIT	$428,400	137 ft
4651 15TH AVE S MINNEAPOLIS MN 55407	BRYN R PETERSON	RESIDENTIAL	$361,300	140 ft
4700 BLOOMINGTON AVE MINNEAPOLIS MN 55407	OLSON FAMILY TRUST	RESIDENTIAL	$279,800	142 ft
4708 BLOOMINGTON AVE MINNEAPOLIS MN 55407	A P NELSON & E M NELSON	RESIDENTIAL	$303,100	142 ft
4712 BLOOMINGTON AVE MINNEAPOLIS MN 55407	H BROOKS & N MICHAEL	RESIDENTIAL	$314,800	158 ft
4719 15TH AVE S MINNEAPOLIS MN 55407	G C BAILEY & A E SPICHER	RESIDENTIAL	$361,400	160 ft

Property History

Most Recent Sale

Date200607

Price$231,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$6,121