4740 STEVENS AVE MINNEAPOLIS MN 55419

PID: 1502824120123

Property Overview

Parcel ID1502824120123

Lot Size6,459 sq ft (0.148 ac)

Lot Dimensions (est.)129 ft wide × 50 ft deep

Year Built1925

Property ClassRESIDENTIAL

OwnerK R HERON & S L CLARK

Assessed Value$355,000

Land Value$152,000

Building Value$203,000

Annual Tax$5,291

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 · $6K total declared value · Most recent: Nov 2017 (misc)

MiscNov 2017Closed

$6K

JYJ CONSTRUCTION LLC

ResMar 2017Closed

Weld and Sons 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

UN1Urban Neighborhood 1

Urban Neighborhood 1 — low-density residential

Typical Uses

·Single-family homes
·Duplexes
·Accessory dwelling units

Max Height35 ft

Development Potential

Setbacks

Front20 ft

Side (each)5 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width40 ft

Buildable depth89 ft

Area~3,566 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 3,566 sqft buildable area.

Est. units

Yield on cost

2.0%

Spread

-3.5%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
4736 STEVENS AVE MINNEAPOLIS MN 55419	A M R RIVERA/S M P GONZALEZ	RESIDENTIAL	$341,000	50 ft
4744 STEVENS AVE MINNEAPOLIS MN 55419	TERRY O ROBINSON ETAL	RESIDENTIAL	$430,100	50 ft
4732 STEVENS AVE MINNEAPOLIS MN 55419	DAWN L WILLIAMS	RESIDENTIAL	$366,300	100 ft
4743 1ST AVE S MINNEAPOLIS MN 55419	ANN ZENK CROASTON	RESIDENTIAL	$465,400	143 ft
4728 STEVENS AVE MINNEAPOLIS MN 55419	S A FINN & A M FINN	RESIDENTIAL	$360,900	150 ft
4739 1ST AVE S MINNEAPOLIS MN 55419	BREA MIDTHUNE	RESIDENTIAL	$484,800	151 ft
4747 1ST AVE S MINNEAPOLIS MN 55419	RICHARD E SEEKAMP ETAL	RESIDENTIAL	$468,000	152 ft
4735 1ST AVE S MINNEAPOLIS MN 55419	C R BARRETT & K J MCCUNE	RESIDENTIAL	$471,700	173 ft
4724 STEVENS AVE MINNEAPOLIS MN 55419	SARA SOMMERS/JARRETT SOMMERS	RESIDENTIAL	$389,900	200 ft
4731 1ST AVE S MINNEAPOLIS MN 55419	EST2 LLC	RESIDENTIAL	$401,600	205 ft

Property History

Most Recent Sale

Date202206

Price$385,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$5,291