4733 PARK AVE MINNEAPOLIS MN 55407

PID: 1402824220042

Property Overview

Parcel ID1402824220042

Lot Size4,758 sq ft (0.109 ac)

Lot Dimensions (est.)119 ft wide × 40 ft deep

Year Built1920

Property ClassRESIDENTIAL

OwnerR D FERGUSON & J A FERGUSON

Assessed Value$376,200

Land Value$129,000

Building Value$247,200

Annual Tax$5,871

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

3 permits on record since 2018 · Most recent: Jan 2019 (res)

ResJan 2019Closed

CenterPoint Energy Resource Corp

ExistresOct 2018Closed

Northern One Hour Heating & Air Conditioning, Inc

ResMar 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

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

UN1Urban Neighborhood 1

Urban Neighborhood 1 — low-density residential

Typical Uses

·Single-family homes
·Duplexes
·Accessory dwelling units

Max Height35 ft

Development Potential

Setbacks

Front20 ft

Side (each)5 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width30 ft

Buildable depth79 ft

Area~2,369 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 sfr / adu benchmarks for 2,369 sqft buildable area.

Est. units

Yield on cost

1.5%

Spread

-4.0%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
4737 PARK AVE MINNEAPOLIS MN 55407	M A ZEITZ & N Z H ZEITZ	RESIDENTIAL	$487,500	40 ft
4729 PARK AVE MINNEAPOLIS MN 55407	ANNE FRIGO	RESIDENTIAL	$327,600	40 ft
4741 PARK AVE MINNEAPOLIS MN 55407	CATHERINE L WINKER	RESIDENTIAL	$365,100	80 ft
4725 PARK AVE MINNEAPOLIS MN 55407	COMMUNITY HOUSING RESOURCES	RESIDENTIAL	$0	80 ft
4745 PARK AVE MINNEAPOLIS MN 55407	JASON L CUSSLER	RESIDENTIAL-TWO UNIT	$433,600	120 ft
4721 PARK AVE MINNEAPOLIS MN 55407	K RUSSELL & M C ENGEBRETSON	RESIDENTIAL	$317,300	120 ft
4732 COLUMBUS AVE MINNEAPOLIS MN 55407	MARGARET CATHERINE PICHLER	RESIDENTIAL	$359,200	131 ft
4728 COLUMBUS AVE MINNEAPOLIS MN 55407	JOSHUA P HILL	RESIDENTIAL	$336,900	137 ft
4736 COLUMBUS AVE MINNEAPOLIS MN 55407	LAURA ANN KEENA	RESIDENTIAL	$245,200	137 ft
4740 COLUMBUS AVE MINNEAPOLIS MN 55407	K LINDREN & A VAN DEL HEMEL	RESIDENTIAL	$389,500	153 ft

Property History

Most Recent Sale

Date201810

Price$279,900

TypePROBATE DEED

Current Tax Year

Year2026

Tax Due$5,871