112 RUSTIC LODGE E MINNEAPOLIS MN 55419

PID: 1502824130047

Property Overview

Parcel ID1502824130047

Lot Size6,812 sq ft (0.156 ac)

Lot Dimensions (est.)51 ft wide × 134 ft deep

Year Built1914

Property ClassRESIDENTIAL

OwnerCATHY M COLBECK

Assessed Value$277,000

Land Value$155,000

Building Value$122,000

Annual Tax$3,970

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

2 permits on record since 2019 · $6K total declared value · Most recent: Aug 2021 (misc)

MiscAug 2021Closed

$6K

LEGACY RESTORATION LLC

ResDec 2019Closed

Warners Stellian Co Inc

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

Neighborhood Profile

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 depth96 ft

Area~3,851 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 3,851 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
108 RUSTIC LODGE E MINNEAPOLIS MN 55419	LUCAS BORDWELL	RESIDENTIAL	$577,700	50 ft
116 RUSTIC LODGE E MINNEAPOLIS MN 55419	STACY L JOHNSTON	RESIDENTIAL	$185,600	56 ft
4812 STEVENS AVE MINNEAPOLIS MN 55419	C S PECK & S J PECK	RESIDENTIAL	$223,600	60 ft
104 RUSTIC LODGE E MINNEAPOLIS MN 55419	E ELLEFSON & A L SCHAEFER	RESIDENTIAL	$407,600	99 ft
115 48TH ST E MINNEAPOLIS MN 55419	BRIAN FREDERICKSEN	RESIDENTIAL	$250,000	136 ft
109 48TH ST E MINNEAPOLIS MN 55419	SCOTT ANDERSEN	RESIDENTIAL	$424,000	144 ft
4810 STEVENS AVE MINNEAPOLIS MN 55419	SARA J DOUGHERTY	RESIDENTIAL	$245,000	145 ft
100 RUSTIC LODGE E MINNEAPOLIS MN 55419	RUSTIC DREAM LIVING TRUST	RESIDENTIAL	$326,700	149 ft
105 48TH ST E MINNEAPOLIS MN 55419	DEBRA L QUINN	RESIDENTIAL	$405,100	167 ft
115 RUSTIC LODGE E MINNEAPOLIS MN 55419	FLOYD LEWELLEN TRUSTEE	RESIDENTIAL	$339,000	183 ft

Property History

Current Tax Year

Year2026

Tax Due$3,970