4815 COLUMBUS AVE MINNEAPOLIS MN 55417

PID: 1402824230068

Property Overview

Parcel ID1402824230068

Lot Size4,602 sq ft (0.106 ac)

Lot Dimensions (est.)124 ft wide × 37 ft deep

Year Built1923

Property ClassRESIDENTIAL-TWO UNIT

OwnerC J KVIKSTAD & M F KVIKSTAD

Assessed Value$445,300

Land Value$164,000

Building Value$281,300

Annual Tax$11,848

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

Setbacks

Front20 ft

Side (each)5 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width27 ft

Buildable depth84 ft

Area~2,278 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 2,278 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
4819 COLUMBUS AVE MINNEAPOLIS MN 55417	W A MURPHY & H F POSNER	RESIDENTIAL	$351,500	37 ft
4811 COLUMBUS AVE MINNEAPOLIS MN 55417	MEGHAN J GRAHAM	RESIDENTIAL	$299,300	37 ft
4821 COLUMBUS AVE MINNEAPOLIS MN 55417	JOHN H SAULSBERRY	RESIDENTIAL	$337,700	74 ft
4809 COLUMBUS AVE MINNEAPOLIS MN 55417	JAMIE FISCHER	RESIDENTIAL	$343,900	74 ft
4825 COLUMBUS AVE MINNEAPOLIS MN 55417	D R SCOTT & K K SCOTT	RESIDENTIAL	$447,600	111 ft
4805 COLUMBUS AVE MINNEAPOLIS MN 55417	MICHAEL DAVIS & TRACY DAVIS	RESIDENTIAL	$400,500	112 ft
4814 CHICAGO AVE MINNEAPOLIS MN 55417	EM 4820 LLC	COMMERCIAL-PREFERRED	$795,000	135 ft
4816 CHICAGO AVE MINNEAPOLIS MN 55417	EM 4820 LLC	COMMERCIAL-PREFERRED	$188,000	142 ft
4820 CHICAGO AVE MINNEAPOLIS MN 55417	EM 4820 LLC	COMMERCIAL-PREFERRED	$792,000	147 ft
4812 CHICAGO AVE MINNEAPOLIS MN 55417	TOWN HALL TAP PROPERTIES LLC	COMMERCIAL-PREFERRED	$274,000	148 ft

Property History

Most Recent Sale

Date200401

Price$302,500

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$11,848