4609 COLUMBUS AVE MINNEAPOLIS MN 55407

PID: 1402824220177

Property Overview

Parcel ID1402824220177

Lot Size4,916 sq ft (0.113 ac)

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

Year Built1910

Property ClassRESIDENTIAL

OwnerMATTHEW R HOWARD

Assessed Value$264,600

Land Value$138,000

Building Value$126,600

Annual Tax$3,763

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictUnknown

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

No permits found in Minneapolis open data for this parcel.

Neighborhood Profile

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

UN3Urban Neighborhood 3

Urban Neighborhood 3 — medium-density residential

Typical Uses

·Apartment buildings
·Mixed-use with neighborhood retail

Max Height50 ft

Development Potential

Setbacks

Front20 ft

Side (each)5 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width30 ft

Buildable depth83 ft

Area~2,486 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 2,486 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
4613 COLUMBUS AVE MINNEAPOLIS MN 55407	R ELLIOTT ETAL	RESIDENTIAL	$338,500	40 ft
4605 COLUMBUS AVE MINNEAPOLIS MN 55407	COMMUNITY HOUSING RESOURCES	RESIDENTIAL	$0	40 ft
4617 COLUMBUS AVE MINNEAPOLIS MN 55407	JAN RANDAL	RESIDENTIAL	$302,200	80 ft
4601 COLUMBUS AVE MINNEAPOLIS MN 55407	NOELLE DOUGLAS	RESIDENTIAL	$266,100	88 ft
4621 COLUMBUS AVE MINNEAPOLIS MN 55407	N A HEDLUND & G R HEDLUND	RESIDENTIAL	$351,100	120 ft
4608 CHICAGO AVE MINNEAPOLIS MN 55407	MELISSA L GESELLE	RESIDENTIAL	$234,000	137 ft
4604 CHICAGO AVE MINNEAPOLIS MN 55407	MINN OVARIAN CANCER ALNC INC	COMMERCIAL-PREFERRED	$0	142 ft
4614 CHICAGO AVE MINNEAPOLIS MN 55407	DUSTIN M LATTERY	RESIDENTIAL	$315,700	142 ft
4616 CHICAGO AVE MINNEAPOLIS MN 55407	C BULOCK & L BULOCK	RESIDENTIAL	$256,600	158 ft
4625 COLUMBUS AVE MINNEAPOLIS MN 55407	SUSAN C SPICZYNSKI	RESIDENTIAL	$258,000	160 ft

Property History

Most Recent Sale

Date201410

Price$134,900

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$3,763