4637 3RD AVE S MINNEAPOLIS MN 55419

PID: 1502824110104

Property Overview

Parcel ID1502824110104

Lot Size5,095 sq ft (0.117 ac)

Lot Dimensions (est.)128 ft wide × 40 ft deep

Year Built1926

Property ClassRESIDENTIAL

OwnerLEAH SHAPIRO

Assessed Value$388,500

Land Value$120,000

Building Value$268,500

Annual Tax$5,829

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

5 permits on record since 2021 · $6K total declared value · Most recent: Apr 2023 (res)

ResApr 2023Closed

ROTO-ROOTER SERVICES CO

ResJul 2022Closed

Elias Plumbing LLC

ExistresJun 2022Closed

NORTHERNS ONE HOUR HEATING AND AIR CONDITIONING

ExistresJan 2022Closed

Mike's Custom Mechanical Inc

MiscJun 2021Cancelled

$6K

BAYPORT ROOFING AND SIDING LLC

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 width30 ft

Buildable depth87 ft

Area~2,621 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 2,621 sqft buildable area.

Est. units

Yield on cost

2.7%

Spread

-2.8%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
4641 3RD AVE S MINNEAPOLIS MN 55419	HEATHER WHITE	RESIDENTIAL	$334,100	40 ft
4633 3RD AVE S MINNEAPOLIS MN 55419	RACHEL M ENGH	RESIDENTIAL	$280,600	40 ft
4645 3RD AVE S MINNEAPOLIS MN 55419	GEORGE J SCOTT	RESIDENTIAL	$411,600	80 ft
4629 3RD AVE S MINNEAPOLIS MN 55419	D A MAILHOT & J I ARGENTI	RESIDENTIAL	$353,300	80 ft
4649 3RD AVE S MINNEAPOLIS MN 55419	ERIKA ANDERSON	RESIDENTIAL	$398,100	120 ft
4625 3RD AVE S MINNEAPOLIS MN 55419	N P SILKER & S B SILKER	RESIDENTIAL	$504,900	120 ft
4636 CLINTON AVE MINNEAPOLIS MN 55419	T PRITTINEN & E RIEGE	RESIDENTIAL	$272,200	141 ft
4640 CLINTON AVE MINNEAPOLIS MN 55419	LUIS EDUARDO ROMO III	RESIDENTIAL	$296,900	146 ft
4632 CLINTON AVE MINNEAPOLIS MN 55419	J L RASMUSSEN-JONES ET AL	RESIDENTIAL	$377,600	148 ft
4655 3RD AVE S MINNEAPOLIS MN 55419	E ANDERSON & S ANDERSON	RESIDENTIAL	$533,800	160 ft

Property History

Most Recent Sale

Date202202

Price$410,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$5,829