4745 2ND AVE S MINNEAPOLIS MN 55419

PID: 1502824120100

Property Overview

Parcel ID1502824120100

Lot Size6,350 sq ft (0.146 ac)

Lot Dimensions (est.)127 ft wide × 50 ft deep

Year Built1922

Property ClassRESIDENTIAL

OwnerWILLIAM MILLESS & AMY LIND

Assessed Value$359,100

Land Value$119,000

Building Value$240,100

Annual Tax$5,339

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

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 width114 ft

Buildable depth10 ft

Area~3,218 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 3,218 sqft buildable area.

Est. units

Yield on cost

2.3%

Spread

-3.2%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
4741 2ND AVE S MINNEAPOLIS MN 55419	S TENPENNY & M STILES	RESIDENTIAL	$464,100	50 ft
4737 2ND AVE S MINNEAPOLIS MN 55419	SUSAN A WILSON	RESIDENTIAL	$320,400	100 ft
4748 3RD AVE S MINNEAPOLIS MN 55419	SHERYL SCHWYHART	RESIDENTIAL	$453,200	141 ft
4733 2ND AVE S MINNEAPOLIS MN 55419	KRISTOPHER A SPIESZ	RESIDENTIAL	$350,000	150 ft
4744 3RD AVE S MINNEAPOLIS MN 55419	MICHAEL B & MICHELLE HYATT	RESIDENTIAL	$381,700	151 ft
205 48TH ST E MINNEAPOLIS MN 55419	KERRY JO BLOOMFIELD	RESIDENTIAL	$433,300	154 ft
203 48TH ST E MINNEAPOLIS MN 55419	LINDA HENN & DEBRA PIECZONKA	RESIDENTIAL	$520,000	155 ft
215 48TH ST E MINNEAPOLIS MN 55419	JEAN JANAS & ADAM RITTER	RESIDENTIAL	$352,800	169 ft
4738 3RD AVE S MINNEAPOLIS MN 55419	TANYA LIBERATO	RESIDENTIAL	$465,500	174 ft
4729 2ND AVE S MINNEAPOLIS MN 55419	NATHAN KELLY & HEATHER KELLY	RESIDENTIAL	$430,200	200 ft

Property History

Most Recent Sale

Date201405

Price$250,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$5,339