4837 PARK AVE MINNEAPOLIS MN 55417

PID: 1402824230025

Property Overview

Parcel ID1402824230025

Lot Size5,081 sq ft (0.117 ac)

Lot Dimensions (est.)120 ft wide × 42 ft deep

Year Built1929

Property ClassRESIDENTIAL

OwnerA J MARENTIC & I S MARENTIC

Assessed Value$431,800

Land Value$169,000

Building Value$262,800

Annual Tax$6,815

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

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

UN1Urban Neighborhood 1

Urban Neighborhood 1 — low-density residential

Typical Uses

·Single-family homes
·Duplexes
·Accessory dwelling units

Max Height35 ft

Development Potential

Setbacks

Front20 ft

Side (each)5 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width33 ft

Buildable depth78 ft

Area~2,584 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 sfr / adu benchmarks for 2,584 sqft buildable area.

Est. units

Yield on cost

2.6%

Spread

-2.9%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
4841 PARK AVE MINNEAPOLIS MN 55417	MICHAEL G MURRAY-JOHN	RESIDENTIAL	$426,100	42 ft
4831 PARK AVE MINNEAPOLIS MN 55417	JEWELEAN DAVISON REV LIV TR	RESIDENTIAL	$519,400	43 ft
4845 PARK AVE MINNEAPOLIS MN 55417	THE HARBERT LIVING TRUST	RESIDENTIAL	$507,700	85 ft
4827 PARK AVE MINNEAPOLIS MN 55417	STEVEN A & ANDREA L MILLER	RESIDENTIAL	$449,800	85 ft
4825 PARK AVE MINNEAPOLIS MN 55417	RICHARD P JOYCE	RESIDENTIAL	$194,300	125 ft
4849 PARK AVE MINNEAPOLIS MN 55417	ANN BROWN	RESIDENTIAL	$502,800	127 ft
4836 COLUMBUS AVE MINNEAPOLIS MN 55417	B T NICKLAY & C M NICKLAY	RESIDENTIAL	$460,800	132 ft
4840 COLUMBUS AVE MINNEAPOLIS MN 55417	ALBERT J RISIK	RESIDENTIAL	$284,100	134 ft
4832 COLUMBUS AVE MINNEAPOLIS MN 55417	JENNIFER KRUEGER	RESIDENTIAL	$323,200	140 ft
4842 COLUMBUS AVE MINNEAPOLIS MN 55417	A WITHERS ETAL	RESIDENTIAL	$310,000	146 ft

Property History

Most Recent Sale

Date199304

Price$83,000

TypeOTHER – SEE CERTIFICATE OF REAL ESTATE VALUE (CRV)

Current Tax Year

Year2026

Tax Due$6,815