4908 PARK AVE MINNEAPOLIS MN 55417

PID: 1402824230180

Property Overview

Parcel ID1402824230180

Lot Size5,295 sq ft (0.122 ac)

Lot Dimensions (est.)120 ft wide × 44 ft deep

Year Built1929

Property ClassRESIDENTIAL

OwnerDONALD E MACKLIN ETAL

Assessed Value$329,000

Land Value$176,000

Building Value$153,000

Annual Tax$5,086

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 2022 · Most recent: Apr 2022 (res)

ResApr 2022Closed

Paul Bunyan 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 width34 ft

Buildable depth80 ft

Area~2,729 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 2,729 sqft buildable area.

Est. units

Yield on cost

2.5%

Spread

-3.0%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
4904 PARK AVE MINNEAPOLIS MN 55417	KAREN A REIERSON	RESIDENTIAL	$519,000	44 ft
4912 PARK AVE MINNEAPOLIS MN 55417	J OPHEIM & A HILDEBRANDT	RESIDENTIAL	$541,700	46 ft
4900 PARK AVE MINNEAPOLIS MN 55417	A K GERNAND & J L GERNAND	RESIDENTIAL	$509,600	88 ft
4916 PARK AVE MINNEAPOLIS MN 55417	J A BENTZ & S G BENTZ LIV TR	RESIDENTIAL	$456,500	91 ft
4911 OAKLAND AVE MINNEAPOLIS MN 55417	ROBERT W JACKSON	RESIDENTIAL	$451,100	132 ft
4920 PARK AVE MINNEAPOLIS MN 55417	ANN E CALVERT REVOC TRUST	RESIDENTIAL	$403,000	134 ft
4905 OAKLAND AVE MINNEAPOLIS MN 55417	SHERRI L EILERTSON	RESIDENTIAL	$430,300	138 ft
4915 OAKLAND AVE MINNEAPOLIS MN 55417	R J DOSEDAL & C M DOLS	RESIDENTIAL	$441,500	139 ft
4917 OAKLAND AVE MINNEAPOLIS MN 55417	RYAN M LEE & SARAH W LEE	RESIDENTIAL	$432,700	158 ft
4901 OAKLAND AVE MINNEAPOLIS MN 55417	RODERICK K TAYLOR	RESIDENTIAL	$442,200	158 ft

Property History

Current Tax Year

Year2026

Tax Due$5,086