300 48TH ST E MINNEAPOLIS MN 55419

PID: 1502824110016

Property Overview

Parcel ID1502824110016

Lot Size4,589 sq ft (0.105 ac)

Lot Dimensions (est.)66 ft wide × 70 ft deep

Year Built1923

Property ClassRESIDENTIAL

OwnerBITNER BYRNE REV LIVING TR

Assessed Value$420,600

Land Value$113,000

Building Value$307,600

Annual Tax$6,365

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

3 permits on record since 2025 · $99K total declared value · Most recent: Nov 2025 (existres)

ExistresNov 2025Closed

TEAM MECHANICAL INC

ResOct 2025Closed

Budget Plumbing Corp

RemodelOct 2025Closed

$99K

BLUE CONSTRUCTION INC

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 width53 ft

Buildable depth30 ft

Area~1,578 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 1,578 sqft buildable area.

Est. units

Yield on cost

2.1%

Spread

-3.4%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
4745 3RD AVE S MINNEAPOLIS MN 55419	ELIZABETH BUSCH	RESIDENTIAL	$327,300	68 ft
302 48TH ST E MINNEAPOLIS MN 55419	REALLYFASTREALTY LLC	TRIPLEX	$241,600	71 ft
4741 3RD AVE S MINNEAPOLIS MN 55419	SALVADOR CHYEREZ	RESIDENTIAL	$462,600	125 ft
304 48TH ST E MINNEAPOLIS MN 55419	A ROSE & K S ROSE	RESIDENTIAL	$364,800	139 ft
301 48TH ST E MINNEAPOLIS MN 55419	D P & R M STROUD/L STROUD	RESIDENTIAL	$454,400	153 ft
4748 3RD AVE S MINNEAPOLIS MN 55419	SHERYL SCHWYHART	RESIDENTIAL	$453,200	162 ft
4737 3RD AVE S MINNEAPOLIS MN 55419	K M HARRINGTON & R H CHANG	RESIDENTIAL	$240,600	164 ft
4744 3RD AVE S MINNEAPOLIS MN 55419	MICHAEL B & MICHELLE HYATT	RESIDENTIAL	$381,700	166 ft
4738 3RD AVE S MINNEAPOLIS MN 55419	TANYA LIBERATO	RESIDENTIAL	$465,500	184 ft
4744 CLINTON AVE MINNEAPOLIS MN 55419	NANCY J ASHER REVOCAB TRUST	RESIDENTIAL	$275,200	188 ft

Property History

Most Recent Sale

Date200705

Price$294,900

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$6,365