4705 COLUMBUS AVE MINNEAPOLIS MN 55407

PID: 1402824220019

Property Overview

Parcel ID1402824220019

Lot Size4,955 sq ft (0.114 ac)

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

Year Built1921

Property ClassRESIDENTIAL

OwnerLAURIE JEAN DIMOND

Assessed Value$297,400

Land Value$136,000

Building Value$161,400

Annual Tax$4,310

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

6 permits on record since 2017 · $29K total declared value · Most recent: Feb 2024 (res)

ResFeb 2024Closed

CenterPoint Energy Resource Corp

RemodelApr 2022Expired

$5K

SUN BADGER SOLAR

ExistresJan 2021Closed

Hamlin Installations LLC

ExistresJun 2020Closed

Larson Plumbing Inc

ResJan 2018Closed

Rightmark LLC

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

Neighborhood Profile

Field · 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~2,516 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 2,516 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
4709 COLUMBUS AVE MINNEAPOLIS MN 55407	ALICIA SEEWALD	RESIDENTIAL	$359,300	40 ft
4701 COLUMBUS AVE MINNEAPOLIS MN 55407	K ANDERSON & C ANDERSON	RESIDENTIAL	$328,300	40 ft
4715 COLUMBUS AVE MINNEAPOLIS MN 55407	CATHERINE MOHN/ANNIKA BOWERS	RESIDENTIAL	$340,800	80 ft
4717 COLUMBUS AVE MINNEAPOLIS MN 55407	S & P SCHLOSS/G S-BIRKHOLZ	RESIDENTIAL	$299,300	120 ft
4704 CHICAGO AVE MINNEAPOLIS MN 55407	WELLS FARGO BANK MN N A	LAND-COMMERCIAL	$69,400	136 ft
4700 CHICAGO AVE MINNEAPOLIS MN 55407	WELLS FARGO BANK MN N A	LAND-COMMERCIAL	$69,400	142 ft
4653 COLUMBUS AVE MINNEAPOLIS MN 55407	C M ROGERS & S ROGERS	RESIDENTIAL	$248,900	143 ft
4721 COLUMBUS AVE MINNEAPOLIS MN 55407	P M DYER & A L DOMHOLT	RESIDENTIAL	$305,700	160 ft
4708 CHICAGO AVE MINNEAPOLIS MN 55407	NW NATL BK OF MPLS	COMMERCIAL-PREFERRED	$1,067,000	181 ft
4704 COLUMBUS AVE MINNEAPOLIS MN 55407	C & L ROOT	RESIDENTIAL	$258,300	181 ft

Property History

Most Recent Sale

Date202007

Price$350,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$4,310