4801 PARK AVE MINNEAPOLIS MN 55417

PID: 1402824230087

Property Overview

Parcel ID1402824230087

Lot Size4,768 sq ft (0.109 ac)

Lot Dimensions (est.)119 ft wide × 40 ft deep

Year Built1923

Property ClassRESIDENTIAL

OwnerCORRINNE M FIEDLER

Assessed Value$420,300

Land Value$163,000

Building Value$257,300

Annual Tax$6,404

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

1 permit on record since 2023 · Most recent: Jun 2023 (existres)

ExistresJun 2023Closed

Standard Heating and Air Conditioning 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

Front Street

On corner lots, the selected street determines which setbacks apply to each side.

Setbacks

Front20 ft

Interior side5 ft

Street side (est.)8 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width106 ft

Buildable depth0 ft

Area~2,138 sqft

Lot dimensions are insufficient for the standard setbacks shown.

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 2,138 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
4807 PARK AVE MINNEAPOLIS MN 55417	JAMES CRAIG & FLORENCE CRAIG	RESIDENTIAL	$399,800	45 ft
4811 PARK AVE MINNEAPOLIS MN 55417	GILBERT BESSARD	RESIDENTIAL	$381,600	94 ft
4757 PARK AVE MINNEAPOLIS MN 55407	J A YOUNT & M M STUCKEL	RESIDENTIAL	$307,400	100 ft
4800 COLUMBUS AVE MINNEAPOLIS MN 55417	MARTA L SIMPSON TRUST	RESIDENTIAL	$487,300	131 ft
4804 COLUMBUS AVE MINNEAPOLIS MN 55417	CAROLYN ZEMAN	RESIDENTIAL	$320,700	136 ft
4815 PARK AVE MINNEAPOLIS MN 55417	L S BROWN & B H BENTSON	RESIDENTIAL	$381,800	143 ft
4808 COLUMBUS AVE MINNEAPOLIS MN 55417	VIRGINIA W BROWN	RESIDENTIAL	$331,900	151 ft
4753 PARK AVE MINNEAPOLIS MN 55407	LILA J MAYES	RESIDENTIAL	$433,600	160 ft
4756 COLUMBUS AVE MINNEAPOLIS MN 55407	JILL B GARCIA	RESIDENTIAL	$348,200	164 ft
4812 COLUMBUS AVE MINNEAPOLIS MN 55417	NANCY E LEE	RESIDENTIAL	$352,000	172 ft

Property History

Most Recent Sale

Date201209

Price$275,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$6,404