4729 COLUMBUS AVE MINNEAPOLIS MN 55407

PID: 1402824220013

Property Overview

Parcel ID1402824220013

Lot Size4,957 sq ft (0.114 ac)

Lot Dimensions (est.)124 ft wide × 40 ft deep

Year Built1917

Property ClassRESIDENTIAL

OwnerJ L KITZMAN & P A KITZMAN

Assessed Value$227,200

Land Value$136,000

Building Value$91,200

Annual Tax$3,139

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Development Opportunities

High-Frequency Transit (5-min walk)High

Within a 5-minute walk of a high-frequency LRT or BRT stop — a positive factor for density bonuses and Met Council Livable Communities grant scoring.

Metro Council — Livable Communities ↗

Potential programs

Met Council Livable Communities GrantMedium

Competitive grants for affordable housing and transit-oriented development near high-frequency transit; proximity to LRT/BRT is a key scoring factor.

Metro Council — Livable Communities ↗

Signals are based on public datasets; program eligibility requires verification.

Permit History

5 permits on record since 2020 · Most recent: Jul 2025 (res)

ResJul 2025Inspection

Warners Stellian Co Inc

ResFeb 2024Closed

CenterPoint Energy Resource Corp

ExistresSep 2022Closed

Home Energy Center Inc

ExistresMay 2022Closed

Home Energy Center Inc

ResOct 2020Closed

Warners Stellian Co Inc

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

Neighborhood Profile

Minneapolis

Median reported rent1,858/mo

Renter-occupied11.4%

Median home value$326K

Vacancy rate2.9%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 1109

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 depth84 ft

Area~2,518 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 2,518 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
4733 COLUMBUS AVE MINNEAPOLIS MN 55407	PATRICK JOSEPH KEENA	RESIDENTIAL	$188,600	40 ft
4725 COLUMBUS AVE MINNEAPOLIS MN 55407	STEVEN LOW & JEANNE LOW	RESIDENTIAL	$236,400	40 ft
4737 COLUMBUS AVE MINNEAPOLIS MN 55407	LUKE M RAMSAY	RESIDENTIAL	$269,000	80 ft
4721 COLUMBUS AVE MINNEAPOLIS MN 55407	P M DYER & A L DOMHOLT	RESIDENTIAL	$305,700	80 ft
4741 COLUMBUS AVE MINNEAPOLIS MN 55407	CHRISTIAN M WEBER	RESIDENTIAL	$232,700	120 ft
4717 COLUMBUS AVE MINNEAPOLIS MN 55407	S & P SCHLOSS/G S-BIRKHOLZ	RESIDENTIAL	$299,300	120 ft
4732 CHICAGO AVE MINNEAPOLIS MN 55407	GROUP HEALTH PLAN INC	COMMERCIAL-PREFERRED	$1,080,000	148 ft
4745 COLUMBUS AVE MINNEAPOLIS MN 55407	ROBERT L SCHMIDGALL	RESIDENTIAL	$293,900	160 ft
4715 COLUMBUS AVE MINNEAPOLIS MN 55407	CATHERINE MOHN/ANNIKA BOWERS	RESIDENTIAL	$340,800	160 ft
4728 COLUMBUS AVE MINNEAPOLIS MN 55407	JOSHUA P HILL	RESIDENTIAL	$336,900	181 ft

Property History

Most Recent Sale

Date202011

Price$225,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$3,139