4916 3RD AVE S MINNEAPOLIS MN 55419

PID: 1502824130106

Property Overview

Parcel ID1502824130106

Lot Size5,348 sq ft (0.123 ac)

Lot Dimensions (est.)127 ft wide × 42 ft deep

Year Built1921

Property ClassRESIDENTIAL

OwnerWANDA WILSON & TODD WILSON

Assessed Value$295,200

Land Value$150,000

Building Value$145,200

Annual Tax$4,273

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 2017 · $3K total declared value · Most recent: Oct 2020 (misc)

MiscOct 2020Closed

$3K

BAYPORT ROOFING AND SIDING LLC

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 width32 ft

Buildable depth87 ft

Area~2,794 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 2,794 sqft buildable area.

Est. units

Yield on cost

2.5%

Spread

-3.0%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
4912 3RD AVE S MINNEAPOLIS MN 55419	LUKE BURNS & LAUREN BRAND	RESIDENTIAL	$314,000	42 ft
4920 3RD AVE S MINNEAPOLIS MN 55419	ANN KATHRYN ZENOR	RESIDENTIAL	$370,400	42 ft
4924 3RD AVE S MINNEAPOLIS MN 55419	KATHRYN ANN MCKEE	RESIDENTIAL	$503,500	84 ft
4908 3RD AVE S MINNEAPOLIS MN 55419	J L SPALDING & C J SPALDING	RESIDENTIAL	$334,300	89 ft
4928 3RD AVE S MINNEAPOLIS MN 55419	E K GRANBOIS & B M KATZ	RESIDENTIAL	$334,100	126 ft
4904 3RD AVE S MINNEAPOLIS MN 55419	BRITTANY G HAGAN	RESIDENTIAL	$473,000	136 ft
4917 2ND AVE S MINNEAPOLIS MN 55419	TERRY SCOTT BAKER	RESIDENTIAL	$243,400	141 ft
4913 2ND AVE S MINNEAPOLIS MN 55419	BRANDON L SMITH	RESIDENTIAL	$322,100	146 ft
4921 2ND AVE S MINNEAPOLIS MN 55419	SHEILA GROSSMAN	RESIDENTIAL	$361,100	148 ft
4911 2ND AVE S MINNEAPOLIS MN 55419	MYRANDA HANLEY	RESIDENTIAL	$299,100	165 ft

Property History

Current Tax Year

Year2026

Tax Due$4,273