4729 3RD AVE S MINNEAPOLIS MN 55419

PID: 1502824110011

Property Overview

Parcel ID1502824110011

Lot Size5,246 sq ft (0.120 ac)

Lot Dimensions (est.)125 ft wide × 42 ft deep

Year Built1915

Property ClassRESIDENTIAL

OwnerPAULA JEAN KILIAN

Assessed Value$294,000

Land Value$121,000

Building Value$173,000

Annual Tax$4,253

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

1 permit on record since 2017 · Most recent: Jan 2017 (res)

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

Setbacks

Front20 ft

Side (each)5 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width32 ft

Buildable depth85 ft

Area~2,716 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 2,716 sqft buildable area.

Est. units

Yield on cost

2.6%

Spread

-2.9%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
4733 3RD AVE S MINNEAPOLIS MN 55419	J S & A M GRUBISICH	RESIDENTIAL	$397,900	41 ft
4725 3RD AVE S MINNEAPOLIS MN 55419	SHARON K CHATHAM	RESIDENTIAL	$385,400	42 ft
4737 3RD AVE S MINNEAPOLIS MN 55419	K M HARRINGTON & R H CHANG	RESIDENTIAL	$240,600	81 ft
4721 3RD AVE S MINNEAPOLIS MN 55419	ANNE M SPENNINGSBY	RESIDENTIAL	$350,700	85 ft
4741 3RD AVE S MINNEAPOLIS MN 55419	SALVADOR CHYEREZ	RESIDENTIAL	$462,600	121 ft
4717 3RD AVE S MINNEAPOLIS MN 55419	SHAUNA J WIEST	RESIDENTIAL	$357,200	128 ft
4728 CLINTON AVE MINNEAPOLIS MN 55419	SAMUEL M PALECEK	RESIDENTIAL	$429,500	140 ft
4732 CLINTON AVE MINNEAPOLIS MN 55419	C E WILLIAMS & J A WILLIAMS	RESIDENTIAL	$441,400	145 ft
4724 CLINTON AVE MINNEAPOLIS MN 55419	ALPHEUS G & ODESSA L SIMMONS	RESIDENTIAL	$358,600	148 ft
4736 CLINTON AVE MINNEAPOLIS MN 55419	BOBBIE J CARTER	RESIDENTIAL	$336,000	162 ft

Property History

Most Recent Sale

Date200508

Price$145,500

TypeOTHER – SEE CERTIFICATE OF REAL ESTATE VALUE (CRV)

Current Tax Year

Year2026

Tax Due$4,253