4733 OAKLAND AVE MINNEAPOLIS MN 55407

PID: 1402824220091

Property Overview

Parcel ID1402824220091

Lot Size4,726 sq ft (0.109 ac)

Lot Dimensions (est.)118 ft wide × 40 ft deep

Year Built1923

Property ClassRESIDENTIAL

OwnerMICHAEL B AYERS & WIFE

Assessed Value$380,700

Land Value$135,000

Building Value$245,700

Annual Tax$5,699

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

1 permit on record since 2017 · Most recent: Feb 2017 (res)

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 width30 ft

Buildable depth78 ft

Area~2,344 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 2,344 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 OAKLAND AVE MINNEAPOLIS MN 55407	STEPHEN E & JUDITH D DALY	RESIDENTIAL	$285,600	40 ft
4729 OAKLAND AVE MINNEAPOLIS MN 55407	DEBORAH S SIMON REV TRUST	RESIDENTIAL	$268,700	40 ft
4741 OAKLAND AVE MINNEAPOLIS MN 55407	K G BRAAFLADT & D K BANKS	RESIDENTIAL	$331,500	80 ft
4725 OAKLAND AVE MINNEAPOLIS MN 55407	RYAN HEIMBECKER	RESIDENTIAL	$309,200	81 ft
4745 OAKLAND AVE MINNEAPOLIS MN 55407	SHARON M THOMPSON	RESIDENTIAL	$307,200	120 ft
4721 OAKLAND AVE MINNEAPOLIS MN 55407	MARY E TURGEON	RESIDENTIAL	$379,700	124 ft
4732 PARK AVE MINNEAPOLIS MN 55407	S E BERG & C BERG	RESIDENTIAL	$399,100	132 ft
4736 PARK AVE MINNEAPOLIS MN 55407	MARY ELIZABETH WILLIAMS	RESIDENTIAL	$360,300	137 ft
4728 PARK AVE MINNEAPOLIS MN 55407	R J & J M ANDERSON	RESIDENTIAL	$344,600	138 ft
4740 PARK AVE MINNEAPOLIS MN 55407	JONATHAN JAY MORRISON	RESIDENTIAL	$365,900	154 ft

Property History

Most Recent Sale

Date199410

Price$62,500

TypeOTHER – SEE CERTIFICATE OF REAL ESTATE VALUE (CRV)

Current Tax Year

Year2026

Tax Due$5,699