4648 3RD AVE S MINNEAPOLIS MN 55419

PID: 1502824120009

Property Overview

Parcel ID1502824120009

Lot Size5,483 sq ft (0.126 ac)

Lot Dimensions (est.)128 ft wide × 43 ft deep

Year Built1923

Property ClassRESIDENTIAL

OwnerT SIEBOLD/B SIEBOLD ET AL

Assessed Value$274,000

Land Value$124,000

Building Value$150,000

Annual Tax$3,919

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

3 permits on record since 2018 · $2K total declared value · Most recent: Apr 2026 (res)

ResApr 2026Inspection

Paul Bunyan Plumbing, LLC

RemodelNov 2018Closed

$2K

THE EGRESS WINDOW COMPANY

ExistresOct 2018Closed

CenterPoint Energy Resource Corp

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 width115 ft

Buildable depth3 ft

Area~2,625 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 2,625 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
4644 3RD AVE S MINNEAPOLIS MN 55419	FREDERICK ALFRED KRANTZ III	RESIDENTIAL	$175,800	43 ft
4640 3RD AVE S MINNEAPOLIS MN 55419	S S SEVERSON & M K HESS	RESIDENTIAL	$274,000	86 ft
4700 3RD AVE S MINNEAPOLIS MN 55419	J M SCOTT & K E SCOTT	RESIDENTIAL	$358,600	104 ft
4636 3RD AVE S MINNEAPOLIS MN 55419	SALLIE Y & DONALD C TAYLOR	RESIDENTIAL	$365,400	128 ft
4649 2ND AVE S MINNEAPOLIS MN 55419	AMY K LEWIS	RESIDENTIAL	$293,000	141 ft
4645 2ND AVE S MINNEAPOLIS MN 55419	DESHAWN BREWINGTON	RESIDENTIAL	$431,500	147 ft
4704 3RD AVE S MINNEAPOLIS MN 55419	RONALD E BOOKER ET AL SBJ/LE	RESIDENTIAL	$367,500	152 ft
4641 2ND AVE S MINNEAPOLIS MN 55419	KRISTEN L HOVERSON	RESIDENTIAL	$392,900	163 ft
4632 3RD AVE S MINNEAPOLIS MN 55419	G TWEED & L TWEED III	RESIDENTIAL	$353,000	171 ft
4701 2ND AVE S MINNEAPOLIS MN 55419	JENNA E STANGLAND	RESIDENTIAL	$350,400	177 ft

Property History

Most Recent Sale

Date202507

Price$335,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$3,919