22 49TH ST E MINNEAPOLIS MN 55419

PID: 1502824130072

Property Overview

Parcel ID1502824130072

Lot Size6,386 sq ft (0.147 ac)

Lot Dimensions (est.)51 ft wide × 126 ft deep

Year Built1925

Property ClassRESIDENTIAL

OwnerJOHN P HAEG

Assessed Value$416,700

Land Value$190,000

Building Value$226,700

Annual Tax$6,426

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 2022 · $4K total declared value · Most recent: Oct 2023 (misc)

MiscOct 2023Closed

$4K

22nd Century Roofing

ExistresSep 2022Closed

STAFFORD HOME SERVICE

ResSep 2022Closed

Water Heaters Now 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

UN2Urban Neighborhood 2

Urban Neighborhood 2 — moderate-density residential

Typical Uses

·Duplexes
·Triplexes
·Small apartment buildings (≤4 units)

Max Height35 ft

Development Potential

Setbacks

Front20 ft

Side (each)5 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width40 ft

Buildable depth88 ft

Area~3,511 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 small multifamily (2–4 units, wood frame) benchmarks for 3,511 sqft buildable area.

Est. units

Yield on cost

3.6%

Spread

-1.9%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
26 49TH ST E MINNEAPOLIS MN 55419	EILEEN S MORAN	RESIDENTIAL	$460,000	50 ft
18 49TH ST E MINNEAPOLIS MN 55419	R J THOMASGARD ET AL REV TR	RESIDENTIAL	$416,000	50 ft
100 49TH ST E MINNEAPOLIS MN 55419	L C MORRIS & S S CRAIG	RESIDENTIAL	$421,400	99 ft
14 49TH ST E MINNEAPOLIS MN 55419	LAUREN HAVEMAN & K BERGMANN	RESIDENTIAL	$531,600	104 ft
21 RUSTIC LODGE E MINNEAPOLIS MN 55419	JULIE P FRANDSEN INV REV TR	RESIDENTIAL	$422,400	143 ft
104 49TH ST E MINNEAPOLIS MN 55419	MISAKI LEGACY TRUST	RESIDENTIAL	$541,600	149 ft
17 RUSTIC LODGE E MINNEAPOLIS MN 55419	JAMES F & SHANNON M ALBRIGHT	RESIDENTIAL	$441,400	150 ft
25 RUSTIC LODGE E MINNEAPOLIS MN 55419	KEITH A THOMAS & N J THOMAS	RESIDENTIAL	$640,100	152 ft
9 RUSTIC LODGE E MINNEAPOLIS MN 55419	D KUKIELKA & D C MOCK	RESIDENTIAL	$502,800	173 ft
4900 1ST AVE S MINNEAPOLIS MN 55419	J A BAEWER & J R JUNION	RESIDENTIAL	$658,800	173 ft

Property History

Most Recent Sale

Date198710

Price$90,000

TypeOTHER – SEE CERTIFICATE OF REAL ESTATE VALUE (CRV)

Current Tax Year

Year2026

Tax Due$6,426