4941 PARK AVE MINNEAPOLIS MN 55417

PID: 1402824230167

Property Overview

Parcel ID1402824230167

Lot Size4,806 sq ft (0.110 ac)

Lot Dimensions (est.)120 ft wide × 40 ft deep

Year Built1927

Property ClassRESIDENTIAL

OwnerCHRISTIAN FRITZBERG

Assessed Value$397,000

Land Value$166,000

Building Value$231,000

Annual Tax$6,221

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 2025 · Most recent: Jun 2025 (existres)

ExistresJun 2025Closed

4Front Energy Solutions 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 width30 ft

Buildable depth80 ft

Area~2,403 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 2,403 sqft buildable area.

Est. units

Yield on cost

2.7%

Spread

-2.8%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
4945 PARK AVE MINNEAPOLIS MN 55417	CHRISTIAN O FRITZBERG	RESIDENTIAL	$396,700	40 ft
4937 PARK AVE MINNEAPOLIS MN 55417	JOSEPH SMAGACZ	RESIDENTIAL	$422,300	40 ft
4949 PARK AVE MINNEAPOLIS MN 55417	NATHAN ANDERSON	RESIDENTIAL	$339,300	80 ft
4933 PARK AVE MINNEAPOLIS MN 55417	CATHLEEN A DALGLISH	RESIDENTIAL	$423,500	80 ft
4953 PARK AVE MINNEAPOLIS MN 55417	D E PETERSON & M K PETERSON	RESIDENTIAL	$460,500	120 ft
4929 PARK AVE MINNEAPOLIS MN 55417	SUSAN E GLESNE	RESIDENTIAL	$439,900	120 ft
4940 COLUMBUS AVE MINNEAPOLIS MN 55417	JACKSON FAITH & AMIE FAITH	RESIDENTIAL	$444,500	132 ft
4944 COLUMBUS AVE MINNEAPOLIS MN 55417	JESSICA OBINGER	RESIDENTIAL	$336,000	138 ft
4936 COLUMBUS AVE MINNEAPOLIS MN 55417	EMILY ERICKSON	RESIDENTIAL	$359,800	139 ft
4948 COLUMBUS AVE MINNEAPOLIS MN 55417	LAURA VAN BELLINGER TRUST	RESIDENTIAL	$624,000	154 ft

Property History

Most Recent Sale

Date201112

Price$136,300

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$6,221