4841 2ND AVE S MINNEAPOLIS MN 55419

PID: 1502824130019

Property Overview

Parcel ID1502824130019

Lot Size7,643 sq ft (0.175 ac)

Lot Dimensions (est.)128 ft wide × 60 ft deep

Year Built1926

Property ClassRESIDENTIAL

OwnerGENE FRANCIS RYAN

Assessed Value$331,700

Land Value$137,000

Building Value$194,700

Annual Tax$7,275

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

3 permits on record since 2017 · $11K total declared value · Most recent: Feb 2025 (existres)

ExistresFeb 2025Inspection

Genz-Ryan Plumbing and Heating Co

MiscMay 2022Closed

$11K

KAUFMAN SHEET METAL ROOFING INC

ResJan 2017Closed

CENTERPOINT ENERGY

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

Neighborhood Profile

Minneapolis

Median reported rent1,682/mo

Renter-occupied6.3%

Median home value$446K

Vacancy rate4.8%

ACS rents reflect current tenant leases and may differ from new market rents.

Source: 2022 ACS 5-Year Estimates · Census Tract 1116

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 width50 ft

Buildable depth87 ft

Area~4,366 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 4,366 sqft buildable area.

Est. units

Yield on cost

2.6%

Spread

-2.9%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
4845 2ND AVE S MINNEAPOLIS MN 55419	DANN F KRUEGER	RESIDENTIAL	$372,600	55 ft
4833 2ND AVE S MINNEAPOLIS MN 55419	MICHELLE WESTMARK	RESIDENTIAL	$335,500	60 ft
4847 2ND AVE S MINNEAPOLIS MN 55419	G S BARTZ & N J KAPAUN	RESIDENTIAL	$354,000	108 ft
4829 2ND AVE S MINNEAPOLIS MN 55419	ALIX E PIECZONKA ET AL	RESIDENTIAL	$356,600	120 ft
4840 3RD AVE S MINNEAPOLIS MN 55419	ANTHONY A KAMSTRA	RESIDENTIAL	$329,700	141 ft
4836 3RD AVE S MINNEAPOLIS MN 55419	JUAN CRUZ AGUILAR	RESIDENTIAL	$235,100	145 ft
4844 3RD AVE S MINNEAPOLIS MN 55419	AI TRAN LLC	RESIDENTIAL	$331,000	149 ft
4832 3RD AVE S MINNEAPOLIS MN 55419	D G & P A QUERNEMOEN	RESIDENTIAL	$289,900	159 ft
4855 2ND AVE S MINNEAPOLIS MN 55419	G H RASMUSSON/D L RASMUSSON	RESIDENTIAL	$378,400	160 ft
4848 3RD AVE S MINNEAPOLIS MN 55419	DAVID J JOHNSON ETAL	RESIDENTIAL	$240,500	165 ft

Property History

Current Tax Year

Year2026

Tax Due$7,275