4905 PARK AVE MINNEAPOLIS MN 55417

PID: 1402824230176

Property Overview

Parcel ID1402824230176

Lot Size4,795 sq ft (0.110 ac)

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

Year Built1931

Property ClassRESIDENTIAL

OwnerJERRIE K FERRIER

Assessed Value$347,300

Land Value$166,000

Building Value$181,300

Annual Tax$5,264

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

1 permit on record since 2022 · Most recent: Jan 2022 (existres)

ExistresJan 2022Closed

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

Setbacks

Front20 ft

Side (each)5 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width30 ft

Buildable depth80 ft

Area~2,395 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 2,395 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
4901 PARK AVE MINNEAPOLIS MN 55417	JOSHUA KADLAC/TAYLOR J OLSON	RESIDENTIAL	$407,700	38 ft
4909 PARK AVE MINNEAPOLIS MN 55417	E M SMITH & M J SMITH	RESIDENTIAL	$545,700	40 ft
4915 PARK AVE MINNEAPOLIS MN 55417	EDWARD C & HARRIET B SOLOMON	RESIDENTIAL	$397,600	80 ft
4917 PARK AVE MINNEAPOLIS MN 55417	D VON ESCHEN & A VON ESCHEN	RESIDENTIAL	$749,200	120 ft
4900 COLUMBUS AVE MINNEAPOLIS MN 55417	J J KALAIDIS-MESLOW ET AL	RESIDENTIAL	$425,000	135 ft
4908 COLUMBUS AVE MINNEAPOLIS MN 55417	M MCGOWAN & C HENEGHAN	RESIDENTIAL	$553,300	135 ft
4853 PARK AVE MINNEAPOLIS MN 55417	L A SEIDL & A K RUTLEDGE	RESIDENTIAL	$489,300	139 ft
4912 COLUMBUS AVE MINNEAPOLIS MN 55417	TRICIA MORRILL	RESIDENTIAL	$338,700	152 ft
4921 PARK AVE MINNEAPOLIS MN 55417	STEPHANIE D KENDALL	RESIDENTIAL	$427,300	160 ft
4916 COLUMBUS AVE MINNEAPOLIS MN 55417	PAUL A CHAMBERLIN	RESIDENTIAL	$265,200	173 ft

Property History

Current Tax Year

Year2026

Tax Due$5,264