4708 OAKLAND AVE MINNEAPOLIS MN 55407

PID: 1402824220067

Property Overview

Parcel ID1402824220067

Lot Size5,122 sq ft (0.118 ac)

Lot Dimensions (est.)119 ft wide × 43 ft deep

Year Built1923

Property ClassRESIDENTIAL

OwnerDAWN E BAKER REVOCABLE TRUST

Assessed Value$365,200

Land Value$141,000

Building Value$224,200

Annual Tax$5,440

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 2017 · Most recent: Sep 2021 (res)

ResSep 2021Closed

Urban Pine Plumbing and Mechanical Inc

ExistresJun 2020Closed

CENTERPOINT ENERGY

ResFeb 2017Closed

CENTERPOINT ENERGY

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 width33 ft

Buildable depth79 ft

Area~2,610 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 2,610 sqft buildable area.

Est. units

Yield on cost

2.7%

Spread

-2.8%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
4704 OAKLAND AVE MINNEAPOLIS MN 55407	KAREN SCOTT & DAVID DEMOSS	RESIDENTIAL	$421,600	43 ft
4712 OAKLAND AVE MINNEAPOLIS MN 55407	P A JACOWAY & D A STOKES	RESIDENTIAL	$288,900	43 ft
4700 OAKLAND AVE MINNEAPOLIS MN 55407	KRISTEN EMERICK & M KORMAN	RESIDENTIAL	$346,600	86 ft
4716 OAKLAND AVE MINNEAPOLIS MN 55407	MADELINE K HANKARD	RESIDENTIAL	$314,100	86 ft
4720 OAKLAND AVE MINNEAPOLIS MN 55407	D S ANDERSON & E L ANDERSON	RESIDENTIAL	$274,200	129 ft
4709 PORTLAND AVE MINNEAPOLIS MN 55407	MICHELLE E WEINBERG	RESIDENTIAL	$348,400	131 ft
4705 PORTLAND AVE MINNEAPOLIS MN 55407	ANNIKA MARIA GIFFORD	RESIDENTIAL	$383,000	137 ft
4715 PORTLAND AVE MINNEAPOLIS MN 55407	LINDSEY VRTIS/MITCHELL PAROD	RESIDENTIAL	$429,700	138 ft
4701 PORTLAND AVE MINNEAPOLIS MN 55407	R SIMON-MILLER & Z MILLER	RESIDENTIAL	$357,200	156 ft
4717 PORTLAND AVE MINNEAPOLIS MN 55407	MELISSA M DEEG	RESIDENTIAL	$359,000	157 ft

Property History

Most Recent Sale

Date198904

Price$63,250

TypeOTHER – SEE CERTIFICATE OF REAL ESTATE VALUE (CRV)

Current Tax Year

Year2026

Tax Due$5,440