827 4TH ST N E MINNEAPOLIS MN 55413

PID: 1402924310060

Property Overview

Parcel ID1402924310060

Lot Size6,847 sq ft (0.157 ac)

Lot Dimensions (est.)167 ft wide × 41 ft deep

Year Built1911

Property ClassRESIDENTIAL-TWO UNIT

OwnerDENNIS J KOLODJSKI ETAL

Assessed Value$455,500

Land Value$163,000

Building Value$292,500

Annual Tax$6,973

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

No permits found in Minneapolis open data for this parcel.

Neighborhood Profile

Minneapolis

Median reported rent1,476/mo

Renter-occupied71.0%

Median home value$413K

Vacancy rate11.1%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 1030

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

UN3Urban Neighborhood 3

Urban Neighborhood 3 — medium-density residential

Typical Uses

·Apartment buildings
·Mixed-use with neighborhood retail

Max Height50 ft

Development Potential

Front Street

On corner lots, the selected street determines which setbacks apply to each side.

Setbacks

Front20 ft

Interior side5 ft

Street side (est.)10 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width152 ft

Buildable depth1 ft

Area~3,308 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 3-story wood frame (5–12 units) benchmarks for 3,308 sqft buildable area.

Est. units

Yield on cost

3.9%

Spread

-1.6%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
825 4TH ST N E MINNEAPOLIS MN 55413	JACOB HOVDE	RESIDENTIAL-TWO UNIT	$464,900	45 ft
821 4TH ST N E MINNEAPOLIS MN 55413	SCOTT SMITH & DEANNA ARCE	RESIDENTIAL-TWO UNIT	$462,500	91 ft
418 9TH AVE N E MINNEAPOLIS MN 55413	DANIEL A BETZ	APARTMENT	$551,000	128 ft
901 4TH ST N E MINNEAPOLIS MN 55413	D T & J A WILKE	APARTMENT	$541,000	133 ft
817 4TH ST N E MINNEAPOLIS MN 55413	S M SMITH & D ARCE	RESIDENTIAL-TWO UNIT	$587,300	137 ft
416 BROADWAY ST N E MINNEAPOLIS MN 55413	KARL D ELFSTROM	RESIDENTIAL-TWO UNIT	$297,400	161 ft
824 5TH ST N E MINNEAPOLIS MN 55413	HARRISON BLANKENSHIP	RESIDENTIAL-TWO UNIT	$485,800	172 ft
811 4TH ST N E MINNEAPOLIS MN 55413	GABRIEL W ROJAS-WESTALL ETAL	RESIDENTIAL-TWO UNIT	$462,300	187 ft
820 5TH ST N E MINNEAPOLIS MN 55413	BRENDA M NERESON	RESIDENTIAL	$406,700	189 ft
826 5TH ST N E MINNEAPOLIS MN 55413	MATTHEW LANGE	RESIDENTIAL-TWO UNIT	$410,000	211 ft

Property History

Current Tax Year

Year2026

Tax Due$6,973