4909 PARK AVE MINNEAPOLIS MN 55417

PID: 1402824230175

Property Overview

Parcel ID1402824230175

Lot Size4,796 sq ft (0.110 ac)

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

Year Built1930

Property ClassRESIDENTIAL

OwnerE M SMITH & M J SMITH

Assessed Value$545,700

Land Value$166,000

Building Value$379,700

Annual Tax$8,781

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

8 permits on record since 2020 · $71K total declared value · Most recent: Apr 2026 (misc)

MiscApr 2026Closed

$2K

WINDOW CONCEPTS OF MINNESOTA INC

ResApr 2026Inspection

MN Plumbing & Home Services INC

ExistresMar 2025Inspection

Blue Ox Heating and Air LLC

ExistresMar 2023Closed

Silver Tree Plumbing and Heating LLC

ResMar 2023Closed

Sieben Plumbing LLC

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~2,396 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 2,396 sqft buildable area.

Est. units

Yield on cost

1.4%

Spread

-4.1%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
4915 PARK AVE MINNEAPOLIS MN 55417	EDWARD C & HARRIET B SOLOMON	RESIDENTIAL	$397,600	40 ft
4905 PARK AVE MINNEAPOLIS MN 55417	JERRIE K FERRIER	RESIDENTIAL	$347,300	40 ft
4901 PARK AVE MINNEAPOLIS MN 55417	JOSHUA KADLAC/TAYLOR J OLSON	RESIDENTIAL	$407,700	78 ft
4917 PARK AVE MINNEAPOLIS MN 55417	D VON ESCHEN & A VON ESCHEN	RESIDENTIAL	$749,200	80 ft
4921 PARK AVE MINNEAPOLIS MN 55417	STEPHANIE D KENDALL	RESIDENTIAL	$427,300	120 ft
4908 COLUMBUS AVE MINNEAPOLIS MN 55417	M MCGOWAN & C HENEGHAN	RESIDENTIAL	$553,300	132 ft
4912 COLUMBUS AVE MINNEAPOLIS MN 55417	TRICIA MORRILL	RESIDENTIAL	$338,700	137 ft
4900 COLUMBUS AVE MINNEAPOLIS MN 55417	J J KALAIDIS-MESLOW ET AL	RESIDENTIAL	$425,000	148 ft
4916 COLUMBUS AVE MINNEAPOLIS MN 55417	PAUL A CHAMBERLIN	RESIDENTIAL	$265,200	150 ft
4925 PARK AVE MINNEAPOLIS MN 55417	AMY BROTTEN & KEVIN ENGLER	RESIDENTIAL	$441,300	161 ft

Property History

Most Recent Sale

Date202112

Price$516,750

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$8,781