4732 5TH AVE S MINNEAPOLIS MN 55419

PID: 1502824110165

Property Overview

Parcel ID1502824110165

Lot Size5,175 sq ft (0.119 ac)

Lot Dimensions (est.)129 ft wide × 40 ft deep

Year Built1924

Property ClassRESIDENTIAL

OwnerNOAH M MELAN & JOSEE M MELAN

Assessed Value$309,800

Land Value$137,000

Building Value$172,800

Annual Tax$4,516

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 2018 · Most recent: Oct 2021 (res)

ResOct 2021Closed

Heating and Cooling Two Inc

ExistresOct 2021Closed

Heating and Cooling Two Inc

ResApr 2018Closed

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 width30 ft

Buildable depth89 ft

Area~2,680 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 2,680 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
4728 5TH AVE S MINNEAPOLIS MN 55419	BETH JOY CHRISTOPHERSEN	RESIDENTIAL	$261,000	40 ft
4736 5TH AVE S MINNEAPOLIS MN 55419	A AKINS/M ALEXANDER/R AKINS	RESIDENTIAL	$223,800	40 ft
4724 5TH AVE S MINNEAPOLIS MN 55419	ANDREA D DAHL	RESIDENTIAL	$323,900	80 ft
4740 5TH AVE S MINNEAPOLIS MN 55419	L A RUNNING & J E BURKE	RESIDENTIAL	$522,000	80 ft
4720 5TH AVE S MINNEAPOLIS MN 55419	DIANE FALL	RESIDENTIAL	$348,600	120 ft
4744 5TH AVE S MINNEAPOLIS MN 55419	AARON S ALBERTSON	RESIDENTIAL	$250,500	120 ft
4733 4TH AVE S MINNEAPOLIS MN 55419	PATRICK J MUELLER	RESIDENTIAL	$251,800	143 ft
4729 4TH AVE S MINNEAPOLIS MN 55419	J T GOIN/S T GOIN/D K TUCKER	RESIDENTIAL	$374,100	148 ft
4737 4TH AVE S MINNEAPOLIS MN 55419	JESSE SCOTT CASPERSEN	RESIDENTIAL	$331,000	149 ft
4716 5TH AVE S MINNEAPOLIS MN 55419	ANITA R EDWARDS	RESIDENTIAL	$216,500	160 ft

Property History

Most Recent Sale

Date202101

Price$240,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$4,516