4825 2ND AVE S MINNEAPOLIS MN 55419

PID: 1502824130022

Property Overview

Parcel ID1502824130022

Lot Size6,367 sq ft (0.146 ac)

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

Year Built1921

Property ClassRESIDENTIAL

OwnerWEDL FAMILY TRUST

Assessed Value$409,700

Land Value$128,000

Building Value$281,700

Annual Tax$6,183

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

5 permits on record since 2017 · $33K total declared value · Most recent: Apr 2023 (misc)

MiscApr 2023Closed

$9K

THE HOME DEPOT

AdditionMay 2022Closed

$18K

Brighter Construction

MiscDec 2020Closed

$6K

NOKOMIS ROOFING CO

ExistresMay 2020Closed

Standard Heating and Air Conditioning Inc

ResJan 2017Closed

CENTERPOINT ENERGY

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

Neighborhood Profile

Field · 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 width40 ft

Buildable depth87 ft

Area~3,492 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 3,492 sqft buildable area.

Est. units

Yield on cost

2.1%

Spread

-3.4%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
4817 2ND AVE S MINNEAPOLIS MN 55419	NELDA BURNETT HUGGINS ET AL	RESIDENTIAL	$301,600	50 ft
4829 2ND AVE S MINNEAPOLIS MN 55419	ALIX E PIECZONKA ET AL	RESIDENTIAL	$356,600	55 ft
4815 2ND AVE S MINNEAPOLIS MN 55419	JANE M BURBACH	RESIDENTIAL	$269,400	95 ft
4833 2ND AVE S MINNEAPOLIS MN 55419	MICHELLE WESTMARK	RESIDENTIAL	$335,500	115 ft
4820 3RD AVE S MINNEAPOLIS MN 55419	MARABELLE MORGAN	RESIDENTIAL	$415,100	141 ft
4828 3RD AVE S MINNEAPOLIS MN 55419	RACHEL ALVAREZ	RESIDENTIAL	$348,900	150 ft
4816 3RD AVE S MINNEAPOLIS MN 55419	SILAS MORGAN & LAURA MORGAN	RESIDENTIAL	$417,000	156 ft
4832 3RD AVE S MINNEAPOLIS MN 55419	D G & P A QUERNEMOEN	RESIDENTIAL	$289,900	174 ft
4841 2ND AVE S MINNEAPOLIS MN 55419	GENE FRANCIS RYAN	RESIDENTIAL	$331,700	175 ft
203 48TH ST E MINNEAPOLIS MN 55419	LINDA HENN & DEBRA PIECZONKA	RESIDENTIAL	$520,000	177 ft

Property History

Most Recent Sale

Date200206

Price$219,900

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$6,183