4712 1ST AVE S MINNEAPOLIS MN 55419

PID: 1502824120140

Property Overview

Parcel ID1502824120140

Lot Size6,196 sq ft (0.142 ac)

Lot Dimensions (est.)124 ft wide × 50 ft deep

Year Built1924

Property ClassRESIDENTIAL

OwnerEMILIE INGRAM

Assessed Value$457,900

Land Value$188,000

Building Value$269,900

Annual Tax$7,089

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

7 permits on record since 2017 · $5K total declared value · Most recent: Aug 2021 (res)

ResAug 2021Closed

B and D Plumbing Heating and A/C Inc

ResJun 2018Closed

Larson Plumbing Inc

ExistresJun 2018Closed

Larson Plumbing Inc

ExistresJun 2018Closed

Larson Plumbing Inc

RemodelMay 2018Closed

$5K

David M Woychek

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

Neighborhood Profile

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

UN2Urban Neighborhood 2

Urban Neighborhood 2 — moderate-density residential

Typical Uses

·Duplexes
·Triplexes
·Small apartment buildings (≤4 units)

Max Height35 ft

Development Potential

Setbacks

Front20 ft

Side (each)5 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width40 ft

Buildable depth84 ft

Area~3,355 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 3,355 sqft buildable area.

Est. units

Yield on cost

3.7%

Spread

-1.8%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
4708 1ST AVE S MINNEAPOLIS MN 55419	SUZANNE BURMAN & JOHN BURMAN	RESIDENTIAL	$423,000	50 ft
4716 1ST AVE S MINNEAPOLIS MN 55419	ROSE M BREWER	RESIDENTIAL	$409,000	50 ft
4704 1ST AVE S MINNEAPOLIS MN 55419	MARILYN M SWAN	RESIDENTIAL	$439,000	100 ft
4720 1ST AVE S MINNEAPOLIS MN 55419	JAMES C NAYLON	RESIDENTIAL	$361,400	100 ft
4717 NICOLLET AVE MINNEAPOLIS MN 55419	M CEMENSKY & C CEMENSKY	APARTMENT	$788,400	138 ft
4711 NICOLLET AVE MINNEAPOLIS MN 55419	BANNERMAN REAL ESTATE LLC	CONDOMINIUM	$106,900	146 ft
4711 NICOLLET AVE MINNEAPOLIS MN 55419	THOMAS T TADYCH	CONDOMINIUM	$144,700	146 ft
4711 NICOLLET AVE MINNEAPOLIS MN 55419	LES J OPATZ	CONDOMINIUM	$194,400	146 ft
4711 NICOLLET AVE MINNEAPOLIS MN 55419	KATHERINE MARIE MURNEY	CONDOMINIUM	$194,400	146 ft
4711 NICOLLET AVE MINNEAPOLIS MN 55419	GAIL D MCKISSICK	CONDOMINIUM	$194,400	146 ft

Property History

Most Recent Sale

Date202004

Price$435,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$7,089