408 4TH AVE N E MINNEAPOLIS MN 55413

PID: 1402924430147

Property Overview

Parcel ID1402924430147

Lot Size5,676 sq ft (0.130 ac)

Lot Dimensions (est.)106 ft wide × 54 ft deep

Year Built1987

Property ClassRESIDENTIAL-TWO UNIT

OwnerTYLER P HENRY

Assessed Value$486,600

Land Value$203,000

Building Value$283,600

Annual Tax$8,094

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

1 permit on record since 2024 · Most recent: Jun 2024 (existres)

ExistresJun 2024Expired

ST PAUL PLUMBING AND HEATING CO INC

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

UN2Urban Neighborhood 2

Urban Neighborhood 2 — moderate-density residential

Typical Uses

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

Max Height35 ft

Development Potential

Estimated · verify frontage

Front Street

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

Setbacks

Front20 ft

Interior side5 ft

Street side (est.)8 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width93 ft

Buildable depth14 ft

Area~1,915 sqft

Corner-lot envelopes may require contextual setback review and should be treated as planning estimates.

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 1,915 sqft buildable area.

Est. units

Yield on cost

3.4%

Spread

-2.1%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
327 4TH ST N E MINNEAPOLIS MN 55413	BRIAN RICE & CAITLIN O'SHEA	TRIPLEX	$612,000	77 ft
416 4TH AVE N E MINNEAPOLIS MN 55413	TYLER P HENRY	RESIDENTIAL-TWO UNIT	$496,100	89 ft
403 4TH ST N E MINNEAPOLIS MN 55413	KEITH BRIAN MASTIN	RESIDENTIAL-TWO UNIT	$423,700	121 ft
325 4TH ST N E MINNEAPOLIS MN 55413	BECKY S WINDHAM	RESIDENTIAL-TWO UNIT	$567,900	138 ft
407 4TH ST N E MINNEAPOLIS MN 55413	E E HERRMANN & J Z SLATER	RESIDENTIAL	$434,400	165 ft
334 4TH ST N E MINNEAPOLIS MN 55413	ROBERT J BIANCHI	APARTMENT	$369,000	175 ft
415 4TH AVE N E MINNEAPOLIS MN 55413	S KOTOWICZ & J KOTOWICZ	RESIDENTIAL	$492,100	179 ft
319 4TH ST N E MINNEAPOLIS MN 55413	J M MAGNUSON/R A O MAGNUSON	RESIDENTIAL	$430,700	203 ft
411 4TH ST N E MINNEAPOLIS MN 55413	K EASTER & D JOHNSON	RESIDENTIAL	$535,000	211 ft
420 4TH AVE N E MINNEAPOLIS MN 55413	W SCHILLING & T SCHILLING	RESIDENTIAL	$541,500	212 ft

Property History

Most Recent Sale

Date201905

Price$490,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$8,094