4807 PARK AVE MINNEAPOLIS MN 55417

PID: 1402824230086

Property Overview

Parcel ID1402824230086

Lot Size5,885 sq ft (0.135 ac)

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

Year Built1922

Property ClassRESIDENTIAL

OwnerJAMES CRAIG & FLORENCE CRAIG

Assessed Value$399,800

Land Value$181,000

Building Value$218,800

Annual Tax$6,184

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 width39 ft

Buildable depth80 ft

Area~3,118 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 3,118 sqft buildable area.

Est. units

Yield on cost

2.2%

Spread

-3.3%

Loading map…

Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
4801 PARK AVE MINNEAPOLIS MN 55417	CORRINNE M FIEDLER	RESIDENTIAL	$420,300	45 ft
4811 PARK AVE MINNEAPOLIS MN 55417	GILBERT BESSARD	RESIDENTIAL	$381,600	49 ft
4815 PARK AVE MINNEAPOLIS MN 55417	L S BROWN & B H BENTSON	RESIDENTIAL	$381,800	99 ft
4804 COLUMBUS AVE MINNEAPOLIS MN 55417	CAROLYN ZEMAN	RESIDENTIAL	$320,700	131 ft
4808 COLUMBUS AVE MINNEAPOLIS MN 55417	VIRGINIA W BROWN	RESIDENTIAL	$331,900	135 ft
4800 COLUMBUS AVE MINNEAPOLIS MN 55417	MARTA L SIMPSON TRUST	RESIDENTIAL	$487,300	139 ft
4819 PARK AVE MINNEAPOLIS MN 55417	DEBRA R BOURNE	RESIDENTIAL	$241,900	142 ft
4757 PARK AVE MINNEAPOLIS MN 55407	J A YOUNT & M M STUCKEL	RESIDENTIAL	$307,400	145 ft
4812 COLUMBUS AVE MINNEAPOLIS MN 55417	NANCY E LEE	RESIDENTIAL	$352,000	147 ft
4816 COLUMBUS AVE MINNEAPOLIS MN 55417	MARK HOLDRIDGE	RESIDENTIAL	$275,000	168 ft

Property History

Most Recent Sale

Date202205

Price$430,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$6,184