1504 4TH ST N E MINNEAPOLIS MN 55413

PID: 1402924210002

Property Overview

Parcel ID1402924210002

Lot Size3,099 sq ft (0.071 ac)

Lot Dimensions (est.)100 ft wide × 31 ft deep

Year Built1900

Property ClassRESIDENTIAL-TWO UNIT

Owner1504 4TH STREET LLC

Assessed Value$333,100

Land Value$101,000

Building Value$232,100

Annual Tax$6,416

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

8 permits on record since 2017 · $25K total declared value · Most recent: Sep 2025 (misc)

MiscSep 2025Closed

$6K

ARKO EXTERIORS INC

ResOct 2024Inspection

Dean's Professional Plumbing Inc

ExistresJan 2024Closed

Dean's Professional Plumbing Inc

MiscOct 2020Closed

$2K

BUDGET EXTERIORS INC

AdditionJul 2019Closed

$2K

Cultivate Construction

Source: Minneapolis open data. Declared construction values are applicant-reported and may not reflect actual project cost.

Neighborhood Profile

Sheridan · Minneapolis

Median reported rent1,466/mo

Renter-occupied71.3%

Median home value$320K

Vacancy rate11.3%

ACS rents reflect current tenant leases and may differ from new market rents.

Source: 2022 ACS 5-Year Estimates · Census Tract 24

Market Snapshot

Zip code 55413

Median sale price$350K+2.9% YoY

Median price / sqft$213/sqft

Median days to close69 days

Active listings27

Source: Redfin Data Center (Invalid Date) · Zip 55413

Zoning

UN2Urban Neighborhood 2

Urban Neighborhood 2 — moderate-density residential

Typical Uses

·Duplexes
·Triplexes
·Small apartment buildings (≤4 units)

Max Height35 ft

Development Potential

Setbacks

Front20 ft

Side (each)5 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width21 ft

Buildable depth60 ft

Area~1,259 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 small multifamily (2–4 units, wood frame) benchmarks for 1,259 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
1500 4TH ST N E MINNEAPOLIS MN 55413	WILLIAM & JODY PROPS LLC	RESIDENTIAL-TWO UNIT	$720,000	38 ft
1506 4TH ST N E MINNEAPOLIS MN 55413	SCOTT KOKE & LESLIE SKELLY	RESIDENTIAL-TWO UNIT	$449,100	49 ft
349 15TH AVE N E MINNEAPOLIS MN 55413	15TH AVENUE NORD EAST LLC	TRIPLEX	$474,000	85 ft
1512 4TH ST N E MINNEAPOLIS MN 55413	J & J PINSKI	RESIDENTIAL-TWO UNIT	$442,300	88 ft
1516 4TH ST N E MINNEAPOLIS MN 55413	C, K & A ELECTRIC PROPS LLC	RESIDENTIAL-TWO UNIT	$451,800	130 ft
343 15TH AVE N E MINNEAPOLIS MN 55413	MID AMERICA HOMES LLC ET AL	APARTMENT	$331,000	143 ft
1505 4TH ST N E MINNEAPOLIS MN 55413	SAM SMITH	RESIDENTIAL-TWO UNIT	$385,400	177 ft
1426 4TH ST N E MINNEAPOLIS MN 55413	DMTM REALTY LLC	COMMERCIAL-PREFERRED	$789,000	177 ft
1511 4TH ST N E MINNEAPOLIS MN 55413	KORTEBEIN FAMILY TRUST	RESIDENTIAL	$434,300	181 ft
1501 4TH ST N E MINNEAPOLIS MN 55413	ANDREW A TINBERG REVOC TRUST	RESIDENTIAL-TWO UNIT	$314,600	183 ft

Property History

Most Recent Sale

Date202512

Price$325,300

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$6,416