4905 2ND AVE S MINNEAPOLIS MN 55419

PID: 1502824130128

Property Overview

Parcel ID1502824130128

Lot Size5,344 sq ft (0.123 ac)

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

Year Built1923

Property ClassRESIDENTIAL

OwnerBRITT LARSON & KIARA BOCK

Assessed Value$252,900

Land Value$118,000

Building Value$134,900

Annual Tax$3,567

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 2020 · $13K total declared value · Most recent: Feb 2025 (res)

ResFeb 2025Closed

McQuillan Home Services LLC

MiscSep 2022Closed

$13K

ALL ELEMENTS INC

ExistresMay 2020Closed

NORTHERNS ONE HOUR HEATING AND AIR CONDITIONING

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~2,791 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 2,791 sqft buildable area.

Est. units

Yield on cost

2.6%

Spread

-2.9%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
4901 2ND AVE S MINNEAPOLIS MN 55419	GARRET J HATFIELD ET AL	RESIDENTIAL	$347,700	42 ft
4911 2ND AVE S MINNEAPOLIS MN 55419	MYRANDA HANLEY	RESIDENTIAL	$299,100	47 ft
4913 2ND AVE S MINNEAPOLIS MN 55419	BRANDON L SMITH	RESIDENTIAL	$322,100	94 ft
4917 2ND AVE S MINNEAPOLIS MN 55419	TERRY SCOTT BAKER	RESIDENTIAL	$243,400	136 ft
4904 3RD AVE S MINNEAPOLIS MN 55419	BRITTANY G HAGAN	RESIDENTIAL	$473,000	141 ft
4855 2ND AVE S MINNEAPOLIS MN 55419	G H RASMUSSON/D L RASMUSSON	RESIDENTIAL	$378,400	148 ft
4900 3RD AVE S MINNEAPOLIS MN 55419	SUSAN K STENSLAND	RESIDENTIAL	$416,000	148 ft
4908 3RD AVE S MINNEAPOLIS MN 55419	J L SPALDING & C J SPALDING	RESIDENTIAL	$334,300	148 ft
4912 3RD AVE S MINNEAPOLIS MN 55419	LUKE BURNS & LAUREN BRAND	RESIDENTIAL	$314,000	168 ft
4921 2ND AVE S MINNEAPOLIS MN 55419	SHEILA GROSSMAN	RESIDENTIAL	$361,100	178 ft

Property History

Most Recent Sale

Date202503

Price$295,000

TypeOTHER – SEE CERTIFICATE OF REAL ESTATE VALUE (CRV)

Current Tax Year

Year2026

Tax Due$3,567