25 48TH ST E MINNEAPOLIS MN 55419

PID: 1502824130039

Property Overview

Parcel ID1502824130039

Lot Size6,743 sq ft (0.155 ac)

Lot Dimensions (est.)51 ft wide × 133 ft deep

Year Built1914

Property ClassRESIDENTIAL

OwnerMARY ELLEN MORRIS

Assessed Value$343,700

Land Value$196,000

Building Value$147,700

Annual Tax$5,082

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 2018 · $8K total declared value · Most recent: Feb 2021 (existres)

ExistresFeb 2021Closed

BOEHM HEATING

ResFeb 2021Closed

Woodbury Mechanical Inc

MiscOct 2018Closed

$8K

Metro Chimney and Masonry Inc

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

Neighborhood Profile

Tangletown · Minneapolis

Median reported rent1,486/mo

Renter-occupied21.5%

Median home value$519K

Vacancy rate7.9%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 1115

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 depth95 ft

Area~3,796 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 3,796 sqft buildable area.

Est. units

Yield on cost

2.8%

Spread

-2.7%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
21 48TH ST E MINNEAPOLIS MN 55419	BRUCE A HENDRICKSON ET AL	RESIDENTIAL	$285,900	50 ft
101 48TH ST E MINNEAPOLIS MN 55419	JACK LUND	RESIDENTIAL	$408,100	50 ft
105 48TH ST E MINNEAPOLIS MN 55419	DEBRA L QUINN	RESIDENTIAL	$405,100	99 ft
17 48TH ST E MINNEAPOLIS MN 55419	B T O'NEIL/M L BERGSTROM	RESIDENTIAL	$387,700	100 ft
24 RUSTIC LODGE E MINNEAPOLIS MN 55419	D J KALSCHEUR/C A KALSCHEUR	RESIDENTIAL	$548,800	136 ft
100 RUSTIC LODGE E MINNEAPOLIS MN 55419	RUSTIC DREAM LIVING TRUST	RESIDENTIAL	$326,700	144 ft
20 RUSTIC LODGE E MINNEAPOLIS MN 55419	C SWEENEY & M J SWEENEY	RESIDENTIAL	$540,600	146 ft
15 48TH ST E MINNEAPOLIS MN 55419	NATHAN R BREUER & T M BREUER	RESIDENTIAL	$360,300	149 ft
109 48TH ST E MINNEAPOLIS MN 55419	SCOTT ANDERSEN	RESIDENTIAL	$424,000	149 ft
104 RUSTIC LODGE E MINNEAPOLIS MN 55419	E ELLEFSON & A L SCHAEFER	RESIDENTIAL	$407,600	167 ft

Property History

Most Recent Sale

Date198910

Price$88,000

TypeOTHER – SEE CERTIFICATE OF REAL ESTATE VALUE (CRV)

Current Tax Year

Year2026

Tax Due$5,082