4624 COLUMBUS AVE MINNEAPOLIS MN 55407

PID: 1402824220186

Property Overview

Parcel ID1402824220186

Lot Size4,718 sq ft (0.108 ac)

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

Year Built1921

Property ClassRESIDENTIAL

OwnerSHERRY S MAY

Assessed Value$293,600

Land Value$135,000

Building Value$158,600

Annual Tax$4,247

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

4 permits on record since 2017 · $19K total declared value · Most recent: Oct 2023 (res)

ResOct 2023Closed

CenterPoint Energy Resource Corp

MiscAug 2021Closed

$11K

Minnesota Roof Contractors

ResJul 2020Closed

Urban Pine Plumbing and Mechanical Inc

MiscNov 2017Closed

$9K

Minnesota Roof Contractors

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 depth78 ft

Area~2,338 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 2,338 sqft buildable area.

Est. units

Yield on cost

3.8%

Spread

-1.7%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
4620 COLUMBUS AVE MINNEAPOLIS MN 55407	A A FROST REVOCABLE TRUST	RESIDENTIAL	$229,000	40 ft
4628 COLUMBUS AVE MINNEAPOLIS MN 55407	CHRISTINE M DELARBRE	RESIDENTIAL	$276,600	41 ft
4616 COLUMBUS AVE MINNEAPOLIS MN 55407	JAMES A WAELHOF ET AL	RESIDENTIAL	$289,300	80 ft
4632 COLUMBUS AVE MINNEAPOLIS MN 55407	REBECCA M NASH	RESIDENTIAL	$305,400	83 ft
4612 COLUMBUS AVE MINNEAPOLIS MN 55407	BRUCE A OHNSTAD	RESIDENTIAL	$330,900	120 ft
4636 COLUMBUS AVE MINNEAPOLIS MN 55407	L J S CROSS & A L CROSS	RESIDENTIAL	$301,200	125 ft
4625 PARK AVE MINNEAPOLIS MN 55407	JEREMY R ALM	RESIDENTIAL	$228,400	132 ft
4621 PARK AVE MINNEAPOLIS MN 55407	CATHERINE R DUDA	RESIDENTIAL	$291,800	137 ft
4629 PARK AVE MINNEAPOLIS MN 55407	JENNIFER SAUER	RESIDENTIAL	$314,900	138 ft
4617 PARK AVE MINNEAPOLIS MN 55407	J S PETRON & A C THOMPSON	RESIDENTIAL	$312,200	154 ft

Property History

Most Recent Sale

Date198407

Price$63,000

TypeOTHER – SEE CERTIFICATE OF REAL ESTATE VALUE (CRV)

Current Tax Year

Year2026

Tax Due$4,247