4720 OAKLAND AVE MINNEAPOLIS MN 55407

PID: 1402824220070

Property Overview

Parcel ID1402824220070

Lot Size5,123 sq ft (0.118 ac)

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

Year Built1923

Property ClassRESIDENTIAL

OwnerD S ANDERSON & E L ANDERSON

Assessed Value$274,200

Land Value$141,000

Building Value$133,200

Annual Tax$3,922

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

No permits found in Minneapolis open data for this parcel.

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

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~2,611 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 2,611 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
4724 OAKLAND AVE MINNEAPOLIS MN 55407	M MATTINGLY & L MATTINGLY	RESIDENTIAL	$438,400	42 ft
4716 OAKLAND AVE MINNEAPOLIS MN 55407	MADELINE K HANKARD	RESIDENTIAL	$314,100	43 ft
4728 OAKLAND AVE MINNEAPOLIS MN 55407	D E SMITH & C SMITH	RESIDENTIAL	$350,400	84 ft
4712 OAKLAND AVE MINNEAPOLIS MN 55407	P A JACOWAY & D A STOKES	RESIDENTIAL	$288,900	86 ft
4732 OAKLAND AVE MINNEAPOLIS MN 55407	S L RICHTERKESSING ET AL	RESIDENTIAL	$276,900	123 ft
4708 OAKLAND AVE MINNEAPOLIS MN 55407	DAWN E BAKER REVOCABLE TRUST	RESIDENTIAL	$365,200	129 ft
4721 PORTLAND AVE MINNEAPOLIS MN 55407	DANIEL L & CHERON BERG	RESIDENTIAL	$281,100	131 ft
4717 PORTLAND AVE MINNEAPOLIS MN 55407	MELISSA M DEEG	RESIDENTIAL	$359,000	137 ft
4725 PORTLAND AVE MINNEAPOLIS MN 55407	G M GALLAGHER/J M GALLAGHER	RESIDENTIAL	$171,000	138 ft
4715 PORTLAND AVE MINNEAPOLIS MN 55407	LINDSEY VRTIS/MITCHELL PAROD	RESIDENTIAL	$429,700	156 ft

Property History

Most Recent Sale

Date201611

Price$215,900

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$3,922