4646 PARK AVE MINNEAPOLIS MN 55407

PID: 1402824220141

Property Overview

Parcel ID1402824220141

Lot Size4,957 sq ft (0.114 ac)

Lot Dimensions (est.)118 ft wide × 42 ft deep

Year Built1916

Property ClassRESIDENTIAL

OwnerI IACOVOU/A IACOVOU

Assessed Value$415,200

Land Value$132,000

Building Value$283,200

Annual Tax$6,512

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

2 permits on record since 2018 · Most recent: Oct 2025 (res)

ResOct 2025Inspection

Warners Stellian Co Inc

ResJul 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 width32 ft

Buildable depth78 ft

Area~2,496 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 2,496 sqft buildable area.

Est. units

Yield on cost

2.8%

Spread

-2.7%

Loading map…

Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
4640 PARK AVE MINNEAPOLIS MN 55407	FREDERICK LANZ/BARBARA LANZ	RESIDENTIAL	$332,700	42 ft
4650 PARK AVE MINNEAPOLIS MN 55407	HARRY KAMPERT	RESIDENTIAL	$280,300	42 ft
4638 PARK AVE MINNEAPOLIS MN 55407	N J WAGNER & J WAGNER	RESIDENTIAL	$323,800	84 ft
4656 PARK AVE MINNEAPOLIS MN 55407	CRAIG NORVELL/FAWN B-NORVELL	RESIDENTIAL	$388,300	87 ft
4632 PARK AVE MINNEAPOLIS MN 55407	NINA SOFFER	RESIDENTIAL	$232,900	126 ft
4645 OAKLAND AVE MINNEAPOLIS MN 55407	TIMOTHY C MCLAUGHLIN ET AL	RESIDENTIAL	$312,400	132 ft
4649 OAKLAND AVE MINNEAPOLIS MN 55407	E ODNESS/A M PUJEBET-MARKOS	RESIDENTIAL	$426,300	136 ft
4641 OAKLAND AVE MINNEAPOLIS MN 55407	ALIDA L WINTERNHEIMER	RESIDENTIAL	$279,100	140 ft
4655 OAKLAND AVE MINNEAPOLIS MN 55407	D S ANDERSON & E L ANDERSON	RESIDENTIAL	$286,000	156 ft
4637 OAKLAND AVE MINNEAPOLIS MN 55407	MATHEW NEWPORT/KELLY NEWPORT	RESIDENTIAL	$358,100	158 ft

Property History

Most Recent Sale

Date199103

Price$77,000

TypeOTHER – SEE CERTIFICATE OF REAL ESTATE VALUE (CRV)

Current Tax Year

Year2026

Tax Due$6,512