4600 1ST AVE S MINNEAPOLIS MN 55419

PID: 1502824120077

Property Overview

Parcel ID1502824120077

Lot Size5,551 sq ft (0.127 ac)

Lot Dimensions (est.)124 ft wide × 45 ft deep

Year Built1920

Property ClassRESIDENTIAL

OwnerPAUL J FEDORA

Assessed Value$305,000

Land Value$118,000

Building Value$187,000

Annual Tax$4,453

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

2 permits on record since 2017 · Most recent: Jan 2024 (existres)

ExistresJan 2024Closed

BONFES PLUMBING HEATING AND AIR SERVICE INC

ResJan 2017Closed

CENTERPOINT ENERGY

Source: Minneapolis open data. Declared construction values are applicant-reported and may not reflect actual project cost.

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

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 width109 ft

Buildable depth5 ft

Area~2,500 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 2,500 sqft buildable area.

Est. units

Yield on cost

3.6%

Spread

-1.9%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
4604 1ST AVE S MINNEAPOLIS MN 55419	JOHN HOUGARD/DEENA P HOUGARD	RESIDENTIAL-TWO UNIT	$399,900	43 ft
4608 1ST AVE S MINNEAPOLIS MN 55419	PATRICIA L MATHEWS	RESIDENTIAL	$303,800	85 ft
4612 1ST AVE S MINNEAPOLIS MN 55419	J SILBAUGH & S B MUELLER	RESIDENTIAL	$402,400	127 ft
20 46TH ST E MINNEAPOLIS MN 55419	R G HERNANDEZ & N AGUILERA	RESIDENTIAL	$188,800	132 ft
14 46TH ST E MINNEAPOLIS MN 55419	STEPHEN MURRAY/ANDRA SUCHY	RESIDENTIAL	$247,200	139 ft
24 46TH ST E MINNEAPOLIS MN 55419	F MACHADO & S MACHADO	RESIDENTIAL	$247,500	140 ft
4601 NICOLLET AVE MINNEAPOLIS MN 55419	ROBELI ENTERPRISES L L P	COMMERCIAL-PREFERRED	$1,357,000	144 ft
4616 1ST AVE S MINNEAPOLIS MN 55419	TIMOTHY WITHERS ETAL	RESIDENTIAL	$332,900	170 ft
4601 1ST AVE S MINNEAPOLIS MN 55419	ROBERT J GEPHART	RESIDENTIAL	$418,400	186 ft
4615 NICOLLET AVE MINNEAPOLIS MN 55419	ROBELI ENTERPRISES LLP	LAND-COMMERCIAL	$123,300	188 ft

Property History

Most Recent Sale

Date198907

Price$60,000

TypeOTHER – SEE CERTIFICATE OF REAL ESTATE VALUE (CRV)

Current Tax Year

Year2026

Tax Due$4,453