4637 COLUMBUS AVE MINNEAPOLIS MN 55407

PID: 1402824220119

Property Overview

Parcel ID1402824220119

Lot Size5,164 sq ft (0.119 ac)

Lot Dimensions (est.)123 ft wide × 42 ft deep

Year Built1922

Property ClassRESIDENTIAL

OwnerS M HELGESON & A K HELGESON

Assessed Value$327,300

Land Value$142,000

Building Value$185,300

Annual Tax$4,808

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

5 permits on record since 2019 · $32K total declared value · Most recent: Oct 2023 (res)

ResOct 2023Closed

CenterPoint Energy Resource Corp

MiscAug 2023Closed

$12K

Viking Contractors LLC

AccessoryOct 2019Closed

$5K

Simon M Helgeson

RemodelAug 2019Closed

$6K

Mouli Engineering Inc

AccessoryJun 2019Closed

$10K

MJD CONSTRUCTION SERVICES

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 width32 ft

Buildable depth83 ft

Area~2,654 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 2,654 sqft buildable area.

Est. units

Yield on cost

3.4%

Spread

-2.1%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
4641 COLUMBUS AVE MINNEAPOLIS MN 55407	K WHAYNE HASKELL	RESIDENTIAL	$329,300	42 ft
4633 COLUMBUS AVE MINNEAPOLIS MN 55407	MARY T MAYER	RESIDENTIAL	$344,300	42 ft
4645 COLUMBUS AVE MINNEAPOLIS MN 55407	SCOTT BRODEN	RESIDENTIAL	$321,100	84 ft
4629 COLUMBUS AVE MINNEAPOLIS MN 55407	MARK K DIGRE	RESIDENTIAL	$315,200	84 ft
4625 COLUMBUS AVE MINNEAPOLIS MN 55407	SUSAN C SPICZYNSKI	RESIDENTIAL	$258,000	125 ft
4649 COLUMBUS AVE MINNEAPOLIS MN 55407	JULIE A STAUFFER	RESIDENTIAL	$362,500	126 ft
4636 CHICAGO AVE MINNEAPOLIS MN 55407	SAMUEL L FRIGO	RESIDENTIAL	$269,600	137 ft
4632 CHICAGO AVE MINNEAPOLIS MN 55407	C KORTBEIN/MARIA D L A BRAVO	RESIDENTIAL	$280,900	143 ft
4640 CHICAGO AVE MINNEAPOLIS MN 55407	STEPHEN L DIERINGER	RESIDENTIAL	$233,200	143 ft
4644 CHICAGO AVE MINNEAPOLIS MN 55407	MICHAEL H HAYNES	RESIDENTIAL	$250,500	160 ft

Property History

Most Recent Sale

Date201711

Price$255,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$4,808