4621 5TH AVE S MINNEAPOLIS MN 55419

PID: 1502824110208

Property Overview

Parcel ID1502824110208

Lot Size4,756 sq ft (0.109 ac)

Lot Dimensions (est.)119 ft wide × 40 ft deep

Year Built1955

Property ClassRESIDENTIAL

OwnerCHRISTINA L ANDERSON

Assessed Value$322,000

Land Value$128,000

Building Value$194,000

Annual Tax$4,720

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

4 permits on record since 2017 · $5K total declared value · Most recent: Sep 2025 (misc)

MiscSep 2025Closed

$3K

LEAD INVESTIGATIVE SERVICES INC

ExistresJan 2025Closed

Home Energy Center Inc

ResApr 2018Closed

CENTERPOINT ENERGY

MiscApr 2017Closed

$1K

CREW2 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

UN2Urban Neighborhood 2

Urban Neighborhood 2 — moderate-density residential

Typical Uses

·Duplexes
·Triplexes
·Small apartment buildings (≤4 units)

Max Height35 ft

Development Potential

Setbacks

Front20 ft

Side (each)5 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width30 ft

Buildable depth79 ft

Area~2,367 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 small multifamily (2–4 units, wood frame) benchmarks for 2,367 sqft buildable area.

Est. units

Yield on cost

3.8%

Spread

-1.7%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
4625 5TH AVE S MINNEAPOLIS MN 55419	NILA M MAYES	RESIDENTIAL	$313,800	40 ft
4617 5TH AVE S MINNEAPOLIS MN 55419	CORDELIA HALL-REINHARD ET AL	RESIDENTIAL	$318,600	40 ft
4613 5TH AVE S MINNEAPOLIS MN 55419	CARRIE J NIELSEN	RESIDENTIAL	$284,200	80 ft
4629 5TH AVE S MINNEAPOLIS MN 55419	ALICIA JOY/SHEILA RABIDEAUX	RESIDENTIAL	$378,900	90 ft
4609 5TH AVE S MINNEAPOLIS MN 55419	JAMES D ANDERSON ETAL	RESIDENTIAL	$360,900	120 ft
4620 PORTLAND AVE MINNEAPOLIS MN 55407	SINEAD BARRY	RESIDENTIAL	$286,800	133 ft
4624 PORTLAND AVE MINNEAPOLIS MN 55407	T J WILLIAMS & L S WILLIAMS	RESIDENTIAL	$346,600	138 ft
4616 PORTLAND AVE MINNEAPOLIS MN 55407	KEVAN D AHLQUIST	RESIDENTIAL	$447,000	140 ft
4637 5TH AVE S MINNEAPOLIS MN 55419	EDISON R MOROCHO SOLIS ET AL	RESIDENTIAL	$320,000	150 ft
4628 PORTLAND AVE MINNEAPOLIS MN 55407	CHLOE FERRAR	RESIDENTIAL	$274,900	153 ft

Property History

Most Recent Sale

Date201708

Price$259,900

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$4,720