203 48TH ST E MINNEAPOLIS MN 55419

PID: 1502824130026

Property Overview

Parcel ID1502824130026

Lot Size7,851 sq ft (0.180 ac)

Lot Dimensions (est.)66 ft wide × 118 ft deep

Year Built1912

Property ClassRESIDENTIAL

OwnerLINDA HENN & DEBRA PIECZONKA

Assessed Value$520,000

Land Value$139,000

Building Value$381,000

Annual Tax$8,089

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

No permits found in Minneapolis open data for this parcel.

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

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 width53 ft

Buildable depth78 ft

Area~4,195 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 4,195 sqft buildable area.

Est. units

Yield on cost

2.7%

Spread

-2.8%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
205 48TH ST E MINNEAPOLIS MN 55419	KERRY JO BLOOMFIELD	RESIDENTIAL	$433,300	64 ft
4815 2ND AVE S MINNEAPOLIS MN 55419	JANE M BURBACH	RESIDENTIAL	$269,400	85 ft
4817 2ND AVE S MINNEAPOLIS MN 55419	NELDA BURNETT HUGGINS ET AL	RESIDENTIAL	$301,600	128 ft
215 48TH ST E MINNEAPOLIS MN 55419	JEAN JANAS & ADAM RITTER	RESIDENTIAL	$352,800	142 ft
4745 2ND AVE S MINNEAPOLIS MN 55419	WILLIAM MILLESS & AMY LIND	RESIDENTIAL	$359,100	155 ft
4825 2ND AVE S MINNEAPOLIS MN 55419	WEDL FAMILY TRUST	RESIDENTIAL	$409,700	177 ft
4810 3RD AVE S MINNEAPOLIS MN 55419	JOANNE E JOHNSON	RESIDENTIAL	$331,900	178 ft
4816 3RD AVE S MINNEAPOLIS MN 55419	SILAS MORGAN & LAURA MORGAN	RESIDENTIAL	$417,000	202 ft
4741 2ND AVE S MINNEAPOLIS MN 55419	S TENPENNY & M STILES	RESIDENTIAL	$464,100	204 ft
221 48TH ST E MINNEAPOLIS MN 55419	JEFFREY E SUNDEM	RESIDENTIAL	$328,100	205 ft

Property History

Most Recent Sale

Date200202

Price$330,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$8,089