4604 1ST AVE S MINNEAPOLIS MN 55419

PID: 1502824120078

Property Overview

Parcel ID1502824120078

Lot Size5,213 sq ft (0.120 ac)

Lot Dimensions (est.)124 ft wide × 42 ft deep

Year Built1921

Property ClassRESIDENTIAL-TWO UNIT

OwnerJOHN HOUGARD/DEENA P HOUGARD

Assessed Value$399,900

Land Value$149,000

Building Value$250,900

Annual Tax$6,042

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

11 permits on record since 2019 · $66K total declared value · Most recent: Oct 2025 (existres)

ExistresOct 2025Closed

Sayler Heating & Air Conditioning Inc

RemodelJul 2025Closed

$15K

Deena Hougard

ResNov 2022Closed

FIRESIDE HEARTH AND HOME

ExistresMar 2022Closed

McQuillan Bros Plumbing Heating & AC LLC

ResMay 2020Closed

Goss Plumbing Inc

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

Setbacks

Front20 ft

Side (each)5 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width32 ft

Buildable depth84 ft

Area~2,691 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 2,691 sqft buildable area.

Est. units

Yield on cost

3.3%

Spread

-2.2%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
4608 1ST AVE S MINNEAPOLIS MN 55419	PATRICIA L MATHEWS	RESIDENTIAL	$303,800	42 ft
4600 1ST AVE S MINNEAPOLIS MN 55419	PAUL J FEDORA	RESIDENTIAL	$305,000	43 ft
4612 1ST AVE S MINNEAPOLIS MN 55419	J SILBAUGH & S B MUELLER	RESIDENTIAL	$402,400	84 ft
4616 1ST AVE S MINNEAPOLIS MN 55419	TIMOTHY WITHERS ETAL	RESIDENTIAL	$332,900	126 ft
4601 NICOLLET AVE MINNEAPOLIS MN 55419	ROBELI ENTERPRISES L L P	COMMERCIAL-PREFERRED	$1,357,000	138 ft
4615 NICOLLET AVE MINNEAPOLIS MN 55419	ROBELI ENTERPRISES LLP	LAND-COMMERCIAL	$123,300	162 ft
4620 1ST AVE S MINNEAPOLIS MN 55419	E SANCHEZ B/J ORTIZ-SANCHEZ	RESIDENTIAL	$282,000	168 ft
20 46TH ST E MINNEAPOLIS MN 55419	R G HERNANDEZ & N AGUILERA	RESIDENTIAL	$188,800	176 ft
14 46TH ST E MINNEAPOLIS MN 55419	STEPHEN MURRAY/ANDRA SUCHY	RESIDENTIAL	$247,200	180 ft
24 46TH ST E MINNEAPOLIS MN 55419	F MACHADO & S MACHADO	RESIDENTIAL	$247,500	181 ft

Property History

Most Recent Sale

Date201609

Price$260,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$6,042