4837 COLUMBUS AVE MINNEAPOLIS MN 55417

PID: 1402824230009

Property Overview

Parcel ID1402824230009

Lot Size4,609 sq ft (0.106 ac)

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

Year Built1917

Property ClassRESIDENTIAL

OwnerCALE NORDMEYER

Assessed Value$209,700

Land Value$164,000

Building Value$45,700

Annual Tax$2,847

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 rent1,682/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

Setbacks

Front20 ft

Side (each)5 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width27 ft

Buildable depth85 ft

Area~2,283 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 2,283 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
4841 COLUMBUS AVE MINNEAPOLIS MN 55417	MICAELA & STEVEN A DERSCHEID	RESIDENTIAL	$307,300	37 ft
4835 COLUMBUS AVE MINNEAPOLIS MN 55417	GREGORY EUGENE DUCHAINE	RESIDENTIAL	$218,800	37 ft
4845 COLUMBUS AVE MINNEAPOLIS MN 55417	MARY KOSUTH	RESIDENTIAL	$269,200	74 ft
4831 COLUMBUS AVE MINNEAPOLIS MN 55417	G M BOONE & S M TANNER	RESIDENTIAL	$354,000	74 ft
4849 COLUMBUS AVE MINNEAPOLIS MN 55417	MICHAEL C BURNS	RESIDENTIAL	$328,500	111 ft
4827 COLUMBUS AVE MINNEAPOLIS MN 55417	JANIS I ZELTINS	RESIDENTIAL	$265,900	113 ft
4840 CHICAGO AVE MINNEAPOLIS MN 55417	CROCKETT PROPERTIES LP	APARTMENT	$1,096,000	138 ft
4844 CHICAGO AVE MINNEAPOLIS MN 55417	CROCKETT PROPERTIES LP	APARTMENT	$1,142,000	147 ft
4853 COLUMBUS AVE MINNEAPOLIS MN 55417	ROBERT P & RACHEL A JONES	RESIDENTIAL	$301,000	148 ft
4825 COLUMBUS AVE MINNEAPOLIS MN 55417	D R SCOTT & K K SCOTT	RESIDENTIAL	$447,600	151 ft

Property History

Most Recent Sale

Date202101

Price$168,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$2,847