307 4TH AVE N E MINNEAPOLIS MN 55413

PID: 1402924340165

Property Overview

Parcel ID1402924340165

Lot Size7,334 sq ft (0.168 ac)

Lot Dimensions (est.)128 ft wide × 57 ft deep

Year Built1974

Property ClassRESIDENTIAL

OwnerT R MULHAIR & A A MULHAIR

Assessed Value$433,000

Land Value$174,000

Building Value$259,000

Annual Tax$6,596

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

3 permits on record since 2020 · $28K total declared value · Most recent: Sep 2025 (misc)

MiscSep 2025Closed

$16K

ASHCO EXTERIORS INC

ResDec 2020Closed

Barr Web Industries Inc

RemodelNov 2020Closed

$12K

Quality Design LLC

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

Neighborhood Profile

St. Anthony West · Minneapolis

Median reported rent1,674/mo

Renter-occupied50.5%

Median home value$467K

Vacancy rate12.7%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 1036

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

RM1Residence Goods and Services

Residential Mixed-Use 1 — low-density mixed residential

Typical Uses

·Apartments
·Townhomes
·Neighborhood-scale retail on ground floor

Max Height45 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 width113 ft

Buildable depth17 ft

Area~2,516 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 2,516 sqft buildable area.

Est. units

Yield on cost

3.5%

Spread

-2.0%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
409 UNIVERSITY AVE N E MINNEAPOLIS MN 55413	PETER ENGEBRETSON	RESIDENTIAL	$680,700	66 ft
315 4TH AVE N E MINNEAPOLIS MN 55413	JULIAN PISHKO	RESIDENTIAL	$405,200	86 ft
415 UNIVERSITY AVE N E MINNEAPOLIS MN 55413	HOUSE OF HEART LLC	RESIDENTIAL	$540,400	118 ft
341 UNIVERSITY AVE N E MINNEAPOLIS MN 55413	ERIC T RICE/ROCHELLE M RICE	RESIDENTIAL	$737,000	125 ft
417 UNIVERSITY AVE N E MINNEAPOLIS MN 55413	ANGEL ROBLES/ZOILA ALVARADO	RESIDENTIAL-TWO UNIT	$503,900	154 ft
335 UNIVERSITY AVE N E MINNEAPOLIS MN 55413	LIGHTHOUSE LLC	RESIDENTIAL-TWO UNIT	$401,200	171 ft
312 4TH AVE N E MINNEAPOLIS MN 55413	D C CHANDLER & C L CHANDLER	RESIDENTIAL	$280,000	187 ft
316 4TH AVE N E MINNEAPOLIS MN 55413	MANDVI TANDON	RESIDENTIAL-TWO UNIT	$343,300	193 ft
402 UNIVERSITY AVE N E MINNEAPOLIS MN 55413	MERS INC	RESIDENTIAL	$504,400	195 ft
410 UNIVERSITY AVE N E MINNEAPOLIS MN 55413	PATRICIA ANN MATHIEU	RESIDENTIAL	$346,100	196 ft

Property History

Most Recent Sale

Date200507

Price$250,000

TypePROBATE DEED

Current Tax Year

Year2026

Tax Due$6,596