4637 OAKLAND AVE MINNEAPOLIS MN 55407

PID: 1402824220148

Property Overview

Parcel ID1402824220148

Lot Size4,720 sq ft (0.108 ac)

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

Year Built1923

Property ClassRESIDENTIAL

OwnerMATHEW NEWPORT/KELLY NEWPORT

Assessed Value$358,100

Land Value$135,000

Building Value$223,100

Annual Tax$5,323

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 · $20K total declared value · Most recent: Nov 2020 (remodel)

RemodelNov 2020Closed

$15K

Mathew Newport

RemodelSep 2020Closed

$5K

EGRESS WINDOW GUY

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~2,340 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 2,340 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
4641 OAKLAND AVE MINNEAPOLIS MN 55407	ALIDA L WINTERNHEIMER	RESIDENTIAL	$279,100	40 ft
4633 OAKLAND AVE MINNEAPOLIS MN 55407	TRYGVE VAN R THRONVEIT	RESIDENTIAL	$363,800	40 ft
4645 OAKLAND AVE MINNEAPOLIS MN 55407	TIMOTHY C MCLAUGHLIN ET AL	RESIDENTIAL	$312,400	80 ft
4629 OAKLAND AVE MINNEAPOLIS MN 55407	ALICE G OWENS	RESIDENTIAL	$408,000	80 ft
4649 OAKLAND AVE MINNEAPOLIS MN 55407	E ODNESS/A M PUJEBET-MARKOS	RESIDENTIAL	$426,300	120 ft
4621 OAKLAND AVE MINNEAPOLIS MN 55407	M MOSE & M MCGOWAN BLAKE	RESIDENTIAL	$369,500	120 ft
4638 PARK AVE MINNEAPOLIS MN 55407	N J WAGNER & J WAGNER	RESIDENTIAL	$323,800	132 ft
4632 PARK AVE MINNEAPOLIS MN 55407	NINA SOFFER	RESIDENTIAL	$232,900	138 ft
4640 PARK AVE MINNEAPOLIS MN 55407	FREDERICK LANZ/BARBARA LANZ	RESIDENTIAL	$332,700	139 ft
4628 PARK AVE MINNEAPOLIS MN 55407	REBECCA STIBBE	RESIDENTIAL	$230,700	155 ft

Property History

Most Recent Sale

Date201506

Price$247,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$5,323