4601 2ND AVE S MINNEAPOLIS MN 55419

PID: 1502824120061

Property Overview

Parcel ID1502824120061

Lot Size5,651 sq ft (0.130 ac)

Lot Dimensions (est.)128 ft wide × 44 ft deep

Year Built1950

Property ClassRESIDENTIAL

OwnerLESLIE NICOLE YORK TRUST

Assessed Value$278,000

Land Value$113,000

Building Value$165,000

Annual Tax$3,987

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictUnknown

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

No permits found in Minneapolis open data for this parcel.

Neighborhood Profile

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

UN3Urban Neighborhood 3

Urban Neighborhood 3 — medium-density residential

Typical Uses

·Apartment buildings
·Mixed-use with neighborhood retail

Max Height50 ft

Development Potential

Estimated · verify frontage

Front Street

On corner lots, the selected street determines which setbacks apply to each side.

Setbacks

Front20 ft

Interior side5 ft

Street side (est.)10 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width113 ft

Buildable depth4 ft

Area~384 sqft

Corner-lot envelopes may require contextual setback review and should be treated as planning estimates.

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 384 sqft buildable area.

Est. units

Yield on cost

5.0%

Spread

-0.5%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
4605 2ND AVE S MINNEAPOLIS MN 55419	T J BURNS II & J J BURNS	RESIDENTIAL	$305,300	43 ft
4609 2ND AVE S MINNEAPOLIS MN 55419	PAUL LEONARD ANDERSON	RESIDENTIAL	$281,000	85 ft
4553 2ND AVE S MINNEAPOLIS MN 55419	PARK AVE HOMES LLC	RESIDENTIAL	$243,000	111 ft
4615 2ND AVE S MINNEAPOLIS MN 55419	RICHARD SENG	RESIDENTIAL	$309,000	127 ft
4600 3RD AVE S MINNEAPOLIS MN 55419	DYLAN MICHALEC/BROOKE GRIMM	RESIDENTIAL	$270,800	141 ft
4604 3RD AVE S MINNEAPOLIS MN 55419	ANTHONY DAVID TRELLES & WIFE	RESIDENTIAL	$358,200	147 ft
4549 2ND AVE S MINNEAPOLIS MN 55419	ELIZABETH J HILL	RESIDENTIAL	$190,100	155 ft
4608 3RD AVE S MINNEAPOLIS MN 55419	MINNEAPOLIS SOUTH PROPS LLC	RESIDENTIAL	$248,300	163 ft
4617 2ND AVE S MINNEAPOLIS MN 55419	FREDERICK J RICHARDSON	RESIDENTIAL	$255,400	169 ft
220 46TH ST E MINNEAPOLIS MN 55419	RENE RUIZ-OLIVAR ET AL	RESIDENTIAL	$292,000	181 ft

Property History

Current Tax Year

Year2026

Tax Due$3,987