4932 PARK AVE MINNEAPOLIS MN 55417

PID: 1402824230186

Property Overview

Parcel ID1402824230186

Lot Size5,416 sq ft (0.124 ac)

Lot Dimensions (est.)120 ft wide × 45 ft deep

Year Built1929

Property ClassRESIDENTIAL

OwnerBROK VANDERSTEEN ET AL

Assessed Value$590,400

Land Value$178,000

Building Value$412,400

Annual Tax$9,701

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictUnknown

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

No permits found in Minneapolis open data for this parcel.

Neighborhood Profile

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 width40 ft

Buildable depth68 ft

Area~2,806 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 2,806 sqft buildable area.

Est. units

Yield on cost

2.4%

Spread

-3.1%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
4928 PARK AVE MINNEAPOLIS MN 55417	DIANE G MOE	RESIDENTIAL	$453,200	45 ft
4936 PARK AVE MINNEAPOLIS MN 55417	MARY KATHERINE JOHNSON	RESIDENTIAL	$419,100	47 ft
4924 PARK AVE MINNEAPOLIS MN 55417	JOYCE M MAYES	RESIDENTIAL	$443,600	89 ft
4933 OAKLAND AVE MINNEAPOLIS MN 55417	M R BLACK & S R DRURY	RESIDENTIAL	$540,100	130 ft
4920 PARK AVE MINNEAPOLIS MN 55417	ANN E CALVERT REVOC TRUST	RESIDENTIAL	$403,000	132 ft
4929 OAKLAND AVE MINNEAPOLIS MN 55417	DOUGLAS R IVERSON ETAL	RESIDENTIAL	$473,100	139 ft
626 E MINNEHAHA PKWY MINNEAPOLIS MN 55417	J A MEYER & N MEYER	RESIDENTIAL	$560,500	149 ft
630 E MINNEHAHA PKWY MINNEAPOLIS MN 55417	ROSALIND A KATTKE TRUST	RESIDENTIAL	$555,800	155 ft
624 E MINNEHAHA PKWY MINNEAPOLIS MN 55417	DEAN M MOREN & JANE A MOREN	RESIDENTIAL	$513,600	161 ft
4925 OAKLAND AVE MINNEAPOLIS MN 55417	JOSEPH & MOLLY BRAY YUREK	RESIDENTIAL	$370,400	161 ft

Property History

Most Recent Sale

Date201903

Price$545,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$9,701