4608 STEVENS AVE MINNEAPOLIS MN 55419

PID: 1502824120065

Property Overview

Parcel ID1502824120065

Lot Size5,421 sq ft (0.124 ac)

Lot Dimensions (est.)129 ft wide × 42 ft deep

Year Built1919

Property ClassRESIDENTIAL

OwnerKENNETH V COLEMAN

Assessed Value$289,000

Land Value$120,000

Building Value$169,000

Annual Tax$4,186

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

No permits found in Minneapolis open data for this parcel.

Neighborhood Profile

Tangletown · Minneapolis

Median reported rent1,545/mo

Renter-occupied24.2%

Median home value$360K

Vacancy rate1.5%

ACS rents reflect current tenant leases and may differ from new market rents.

Source: 2022 ACS 5-Year Estimates · Census Tract 1108

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

Setbacks

Front20 ft

Side (each)5 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width32 ft

Buildable depth89 ft

Area~2,849 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 2,849 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
4604 STEVENS AVE MINNEAPOLIS MN 55419	EMILY M THELEMANN	RESIDENTIAL	$330,200	42 ft
4612 STEVENS AVE MINNEAPOLIS MN 55419	NIAMBI T KNAUER	RESIDENTIAL	$279,000	42 ft
4616 STEVENS AVE MINNEAPOLIS MN 55419	COMMUNITY HOUSING RESOURCES	RESIDENTIAL	$0	84 ft
4600 STEVENS AVE MINNEAPOLIS MN 55419	JASON E WAYE	RESIDENTIAL	$348,700	85 ft
4620 STEVENS AVE MINNEAPOLIS MN 55419	MARK WAGNER HOMES LLC	RESIDENTIAL	$359,000	126 ft
4609 1ST AVE S MINNEAPOLIS MN 55419	BARRETT LIVING TRUST	RESIDENTIAL	$435,000	143 ft
4605 1ST AVE S MINNEAPOLIS MN 55419	PAUL S NEUHAUS TRUST	RESIDENTIAL	$401,900	148 ft
4615 1ST AVE S MINNEAPOLIS MN 55419	V L BARKER IV & K T DUNCAN	RESIDENTIAL	$316,700	149 ft
4601 1ST AVE S MINNEAPOLIS MN 55419	ROBERT J GEPHART	RESIDENTIAL	$418,400	165 ft
4617 1ST AVE S MINNEAPOLIS MN 55419	ANGEL VIASCAN RIOS	RESIDENTIAL	$287,000	167 ft

Property History

Most Recent Sale

Date200207

Price$175,500

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$4,186