4625 COLUMBUS AVE MINNEAPOLIS MN 55407

PID: 1402824220173

Property Overview

Parcel ID1402824220173

Lot Size4,917 sq ft (0.113 ac)

Lot Dimensions (est.)123 ft wide × 40 ft deep

Year Built1911

Property ClassRESIDENTIAL

OwnerSUSAN C SPICZYNSKI

Assessed Value$258,000

Land Value$138,000

Building Value$120,000

Annual Tax$3,653

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 2023 · Most recent: Oct 2023 (res)

ResOct 2023Closed

CenterPoint Energy Resource Corp

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 width30 ft

Buildable depth83 ft

Area~2,487 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 2,487 sqft buildable area.

Est. units

Yield on cost

3.6%

Spread

-1.9%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
4621 COLUMBUS AVE MINNEAPOLIS MN 55407	N A HEDLUND & G R HEDLUND	RESIDENTIAL	$351,100	40 ft
4629 COLUMBUS AVE MINNEAPOLIS MN 55407	MARK K DIGRE	RESIDENTIAL	$315,200	41 ft
4617 COLUMBUS AVE MINNEAPOLIS MN 55407	JAN RANDAL	RESIDENTIAL	$302,200	80 ft
4633 COLUMBUS AVE MINNEAPOLIS MN 55407	MARY T MAYER	RESIDENTIAL	$344,300	83 ft
4613 COLUMBUS AVE MINNEAPOLIS MN 55407	R ELLIOTT ETAL	RESIDENTIAL	$338,500	120 ft
4637 COLUMBUS AVE MINNEAPOLIS MN 55407	S M HELGESON & A K HELGESON	RESIDENTIAL	$327,300	125 ft
4624 CHICAGO AVE MINNEAPOLIS MN 55407	KERRI J NELSON	RESIDENTIAL	$274,400	137 ft
4620 CHICAGO AVE MINNEAPOLIS MN 55407	RENEE R RODIER	RESIDENTIAL	$292,400	142 ft
4628 CHICAGO AVE MINNEAPOLIS MN 55407	C R HOGAN & S J HOGAN	RESIDENTIAL	$358,100	143 ft
4616 CHICAGO AVE MINNEAPOLIS MN 55407	C BULOCK & L BULOCK	RESIDENTIAL	$256,600	159 ft

Property History

Current Tax Year

Year2026

Tax Due$3,653