4811 PARK AVE MINNEAPOLIS MN 55417

PID: 1402824230085

Property Overview

Parcel ID1402824230085

Lot Size5,887 sq ft (0.135 ac)

Lot Dimensions (est.)119 ft wide × 49 ft deep

Year Built1921

Property ClassRESIDENTIAL

OwnerGILBERT BESSARD

Assessed Value$381,600

Land Value$181,000

Building Value$200,600

Annual Tax$5,996

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

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 width40 ft

Buildable depth78 ft

Area~3,119 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 3,119 sqft buildable area.

Est. units

Yield on cost

2.2%

Spread

-3.3%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
4815 PARK AVE MINNEAPOLIS MN 55417	L S BROWN & B H BENTSON	RESIDENTIAL	$381,800	49 ft
4807 PARK AVE MINNEAPOLIS MN 55417	JAMES CRAIG & FLORENCE CRAIG	RESIDENTIAL	$399,800	49 ft
4819 PARK AVE MINNEAPOLIS MN 55417	DEBRA R BOURNE	RESIDENTIAL	$241,900	93 ft
4801 PARK AVE MINNEAPOLIS MN 55417	CORRINNE M FIEDLER	RESIDENTIAL	$420,300	94 ft
4823 PARK AVE MINNEAPOLIS MN 55417	TERRI L JACOBSON-SIGUENZA	RESIDENTIAL	$344,800	130 ft
4808 COLUMBUS AVE MINNEAPOLIS MN 55417	VIRGINIA W BROWN	RESIDENTIAL	$331,900	132 ft
4812 COLUMBUS AVE MINNEAPOLIS MN 55417	NANCY E LEE	RESIDENTIAL	$352,000	132 ft
4816 COLUMBUS AVE MINNEAPOLIS MN 55417	MARK HOLDRIDGE	RESIDENTIAL	$275,000	142 ft
4804 COLUMBUS AVE MINNEAPOLIS MN 55417	CAROLYN ZEMAN	RESIDENTIAL	$320,700	143 ft
4818 COLUMBUS AVE MINNEAPOLIS MN 55417	J M & J E KALEY	RESIDENTIAL	$332,100	160 ft

Property History

Most Recent Sale

Date200811

Price$61,134

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$5,996