4853 COLUMBUS AVE MINNEAPOLIS MN 55417

PID: 1402824230005

Property Overview

Parcel ID1402824230005

Lot Size4,613 sq ft (0.106 ac)

Lot Dimensions (est.)125 ft wide × 37 ft deep

Year Built1920

Property ClassRESIDENTIAL

OwnerROBERT P & RACHEL A JONES

Assessed Value$301,000

Land Value$164,000

Building Value$137,000

Annual Tax$4,369

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

No permits found in Minneapolis open data for this parcel.

Neighborhood Profile

Field · Minneapolis

Median reported rent1,682/mo

Renter-occupied6.3%

Median home value$446K

Vacancy rate4.8%

ACS rents reflect current tenant leases and may differ from new market rents.

Source: 2022 ACS 5-Year Estimates · Census Tract 1116

Market Snapshot

Zip code 55417

Median sale price$371K-4.4% YoY

Median price / sqft$244/sqft

Median days to close34 days

Active listings28

Source: Redfin Data Center (Invalid Date) · Zip 55417

Zoning

UN2Urban Neighborhood 2

Urban Neighborhood 2 — moderate-density residential

Typical Uses

·Duplexes
·Triplexes
·Small apartment buildings (≤4 units)

Max Height35 ft

Development Potential

Front Street

On corner lots, the selected street determines which setbacks apply to each side.

Setbacks

Front20 ft

Interior side5 ft

Street side (est.)8 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width112 ft

Buildable depth0 ft

Area~2,032 sqft

Lot dimensions are insufficient for the standard setbacks shown.

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 2,032 sqft buildable area.

Est. units

Yield on cost

3.4%

Spread

-2.1%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
4849 COLUMBUS AVE MINNEAPOLIS MN 55417	MICHAEL C BURNS	RESIDENTIAL	$328,500	37 ft
4845 COLUMBUS AVE MINNEAPOLIS MN 55417	MARY KOSUTH	RESIDENTIAL	$269,200	74 ft
4901 COLUMBUS AVE MINNEAPOLIS MN 55417	RAMONA LYNN MOORE	RESIDENTIAL-TWO UNIT	$380,300	97 ft
4841 COLUMBUS AVE MINNEAPOLIS MN 55417	MICAELA & STEVEN A DERSCHEID	RESIDENTIAL	$307,300	111 ft
4905 COLUMBUS AVE MINNEAPOLIS MN 55417	K E GUERDET & J C WALSH	RESIDENTIAL	$351,600	135 ft
4850 CHICAGO AVE MINNEAPOLIS MN 55417	COSTAS & LORRAINE STAVROU	APARTMENT	$1,072,000	138 ft
4837 COLUMBUS AVE MINNEAPOLIS MN 55417	CALE NORDMEYER	RESIDENTIAL	$209,700	148 ft
4844 CHICAGO AVE MINNEAPOLIS MN 55417	CROCKETT PROPERTIES LP	APARTMENT	$1,142,000	165 ft
4909 COLUMBUS AVE MINNEAPOLIS MN 55417	SMITH REVOCABLE FAMILY TRUST	RESIDENTIAL	$462,400	175 ft
4900 CHICAGO AVE MINNEAPOLIS MN 55417	CROCKETT PROPERTIES LP	APARTMENT	$998,000	179 ft

Property History

Most Recent Sale

Date200808

Price$218,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$4,369