4840 BLOOMINGTON AVE MINNEAPOLIS MN 55417

PID: 1402824130032

Property Overview

Parcel ID1402824130032

Lot Size4,922 sq ft (0.113 ac)

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

Year Built1927

Property ClassRESIDENTIAL

OwnerA E SANDRIEPE & T SANDRIEPE

Assessed Value$506,700

Land Value$164,000

Building Value$342,700

Annual Tax$7,821

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

7 permits on record since 2016 · $10K total declared value · Most recent: Aug 2025 (existres)

ExistresAug 2025Inspection

Genz-Ryan Plumbing and Heating Co

MiscJan 2023Expired

$10K

TWIN CITIES SIDING PROFESSIONALS

ExistresMar 2021Closed

Hero Home Services LLC

ResMar 2021Closed

Hero Home Services LLC

ExistresFeb 2021Closed

Hero Home Services LLC

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

Neighborhood Profile

Northrop · Minneapolis

Median reported rent1,991/mo

Renter-occupied11.2%

Median home value$420K

Vacancy rate5.4%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 117.03

Market Snapshot

Zip code 55417

Median sale price$371K-4.4% YoY

Median price / sqft$244/sqft

Median days to close34 days

Active listings28

Source: Redfin Data Center (Invalid Date) · Zip 55417

Zoning

UN3Urban Neighborhood 3

Urban Neighborhood 3 — medium-density residential

Typical Uses

·Apartment buildings
·Mixed-use with neighborhood retail

Max Height50 ft

Development Potential

Setbacks

Front20 ft

Side (each)5 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width30 ft

Buildable depth83 ft

Area~2,490 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 2,490 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
4836 BLOOMINGTON AVE MINNEAPOLIS MN 55417	202307WY-03 LLC	RESIDENTIAL	$314,500	40 ft
4844 BLOOMINGTON AVE MINNEAPOLIS MN 55417	SARAH L WILDER	RESIDENTIAL	$425,100	40 ft
4832 BLOOMINGTON AVE MINNEAPOLIS MN 55417	A L LYNCH & D G-V RICHTER	RESIDENTIAL	$421,900	80 ft
4848 BLOOMINGTON AVE MINNEAPOLIS MN 55417	ANDREA MATTSON/TYLER MATTSON	RESIDENTIAL-TWO UNIT	$431,700	80 ft
4828 BLOOMINGTON AVE MINNEAPOLIS MN 55417	CAROLE MARKUS/JEFFREY MARKUS	RESIDENTIAL	$419,000	120 ft
1520 E MINNEHAHA PKWY MINNEAPOLIS MN 55417	WILLIAM JOSEPH PICARD	RESIDENTIAL-TWO UNIT	$592,500	134 ft
4841 15TH AVE S MINNEAPOLIS MN 55417	STEVE P MOSING & LISA MOSING	RESIDENTIAL	$580,200	137 ft
4845 15TH AVE S MINNEAPOLIS MN 55417	INGA STRINZ	RESIDENTIAL	$356,500	142 ft
4833 15TH AVE S MINNEAPOLIS MN 55417	MICHAEL & KARI A JARCHO	RESIDENTIAL	$509,500	154 ft
4849 15TH AVE S MINNEAPOLIS MN 55417	P M CONWAY & M PB CONWAY	RESIDENTIAL	$260,000	158 ft

Property History

Most Recent Sale

Date202003

Price$429,900

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$7,821