4850 OAKLAND AVE MINNEAPOLIS MN 55417

PID: 1402824230047

Property Overview

Parcel ID1402824230047

Lot Size4,439 sq ft (0.102 ac)

Lot Dimensions (est.)120 ft wide × 37 ft deep

Year Built1932

Property ClassRESIDENTIAL

OwnerA THEOHARIDES/M BARZEN

Assessed Value$531,800

Land Value$165,000

Building Value$366,800

Annual Tax$8,313

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 2021 · $45K total declared value · Most recent: May 2024 (remodel)

RemodelMay 2024Inspection

$5K

24 RESTORE

RemodelJun 2021Closed

$40K

OLDE TIME INC

ResMay 2021Closed

Muska Plumbing LLC

ExistresMay 2021Closed

Hilliard Heating & Cooling Inc

Source: Minneapolis open data. Declared construction values are applicant-reported and may not reflect actual project cost.

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

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 width27 ft

Buildable depth80 ft

Area~2,159 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 2,159 sqft buildable area.

Est. units

Yield on cost

1.5%

Spread

-4.0%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
4846 OAKLAND AVE MINNEAPOLIS MN 55417	JANIS KATHERINE NEGRATTI	RESIDENTIAL	$425,900	37 ft
4854 OAKLAND AVE MINNEAPOLIS MN 55417	RUPAK NAG & WENDY L NAG	RESIDENTIAL	$434,700	37 ft
4842 OAKLAND AVE MINNEAPOLIS MN 55417	PAULA A WARD	RESIDENTIAL	$475,100	79 ft
4838 OAKLAND AVE MINNEAPOLIS MN 55417	ELIZABETH CLARE PRICE	RESIDENTIAL	$423,000	126 ft
4849 PORTLAND AVE MINNEAPOLIS MN 55417	HUGH MULLIGAN & A MULLIGAN	RESIDENTIAL	$448,000	132 ft
4853 PORTLAND AVE MINNEAPOLIS MN 55417	A DAVIDSON & A DAVIDSON	RESIDENTIAL	$321,700	135 ft
4900 OAKLAND AVE MINNEAPOLIS MN 55417	JOHN & JANE VOGL TRUST	RESIDENTIAL	$351,100	138 ft
4847 PORTLAND AVE MINNEAPOLIS MN 55417	ANTHONY DAVIS/NICOLE E DAVIS	RESIDENTIAL	$436,600	145 ft
4843 PORTLAND AVE MINNEAPOLIS MN 55417	K SHEPHERD/D WAMSLEY ET AL	RESIDENTIAL	$404,900	169 ft
4834 OAKLAND AVE MINNEAPOLIS MN 55417	TR AGR OF M & B HAEHN	RESIDENTIAL	$428,800	173 ft

Property History

Most Recent Sale

Date201309

Price$324,900

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$8,313