4701 3RD AVE S MINNEAPOLIS MN 55419

PID: 1502824110006

Property Overview

Parcel ID1502824110006

Lot Size5,360 sq ft (0.123 ac)

Lot Dimensions (est.)125 ft wide × 43 ft deep

Year Built1923

Property ClassRESIDENTIAL

OwnerFRED W MACKAMAN

Assessed Value$276,000

Land Value$123,000

Building Value$153,000

Annual Tax$3,953

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

4 permits on record since 2017 · Most recent: Dec 2022 (res)

ResDec 2022Expired

Warners Stellian Co Inc

ExistresMar 2022Closed

Standard Heating and Air Conditioning Inc

ResNov 2021Closed

Water Heaters Now Inc

ResJan 2017Closed

CENTERPOINT ENERGY

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

Neighborhood Profile

Field · Minneapolis

Median reported rent1,858/mo

Renter-occupied11.4%

Median home value$326K

Vacancy rate2.9%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 1109

Market Snapshot

Zip code 55419

Median sale price$494K-4.7% YoY

Median price / sqft$270/sqft

Median days to close29 days

Active listings30

Source: Redfin Data Center (Invalid Date) · Zip 55419

Zoning

UN1Urban Neighborhood 1

Urban Neighborhood 1 — low-density residential

Typical Uses

·Single-family homes
·Duplexes
·Accessory dwelling units

Max Height35 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.)8 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width112 ft

Buildable depth3 ft

Area~2,539 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 2,539 sqft buildable area.

Est. units

Yield on cost

2.8%

Spread

-2.7%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
4705 3RD AVE S MINNEAPOLIS MN 55419	EPHRAIM M HOLMGREN	RESIDENTIAL	$226,000	43 ft
4709 3RD AVE S MINNEAPOLIS MN 55419	LILITH LENGVENIS	RESIDENTIAL	$296,200	85 ft
4657 3RD AVE S MINNEAPOLIS MN 55419	PAYTON J WOODSON	RESIDENTIAL	$418,500	101 ft
4715 3RD AVE S MINNEAPOLIS MN 55419	KATHLEEN A FLUEGEL REV TRUST	RESIDENTIAL	$311,200	128 ft
4700 CLINTON AVE MINNEAPOLIS MN 55419	V G BEUHLER & P E BEUHLER	RESIDENTIAL	$550,000	140 ft
4655 3RD AVE S MINNEAPOLIS MN 55419	E ANDERSON & S ANDERSON	RESIDENTIAL	$533,800	142 ft
4704 CLINTON AVE MINNEAPOLIS MN 55419	DONNA JO LETO	RESIDENTIAL	$306,200	149 ft
4717 3RD AVE S MINNEAPOLIS MN 55419	SHAUNA J WIEST	RESIDENTIAL	$357,200	171 ft
4708 CLINTON AVE MINNEAPOLIS MN 55419	JEFFRY MICHAEL LUSAIK REYES	RESIDENTIAL	$471,900	172 ft
4656 CLINTON AVE MINNEAPOLIS MN 55419	J A FUEMMELER/K M KAUFMANN	RESIDENTIAL	$380,900	177 ft

Property History

Most Recent Sale

Date199911

Price$30,000

TypeQUIT CLAIM DEED

Current Tax Year

Year2026

Tax Due$3,953