301 48TH ST E MINNEAPOLIS MN 55419

PID: 1502824140005

Property Overview

Parcel ID1502824140005

Lot Size12,530 sq ft (0.288 ac)

Lot Dimensions (est.)126 ft wide × 100 ft deep

Year Built1902

Property ClassRESIDENTIAL

OwnerD P & R M STROUD/L STROUD

Assessed Value$454,400

Land Value$185,000

Building Value$269,400

Annual Tax$6,928

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

7 permits on record since 2020 · $24K total declared value · Most recent: Oct 2025 (existres)

ExistresOct 2025Closed

Hero Home Services LLC

ResJul 2025Final Inspection

Hero Home Services LLC

MiscMay 2025Closed

$5K

Summit Installations LLC

ResSep 2024Closed

Hero Home Services LLC

MiscAug 2023Closed

$19K

R & R Roofing INC

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

Front Street

On corner lots, the selected street determines which setbacks apply to each side.

Setbacks

Front20 ft

Interior side5 ft

Street side (est.)8 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width113 ft

Buildable depth60 ft

Area~6,740 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 6,740 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
4809 3RD AVE S MINNEAPOLIS MN 55419	M R PETERSEN & E K HEDIN	RESIDENTIAL	$389,900	71 ft
4815 3RD AVE S MINNEAPOLIS MN 55419	HUGH W & LAURIE M AYLWARD	RESIDENTIAL	$435,900	113 ft
4804 CLINTON AVE MINNEAPOLIS MN 55419	BRANDON KAAS	RESIDENTIAL	$180,400	140 ft
4800 CLINTON AVE MINNEAPOLIS MN 55419	JODI L OELFKE	RESIDENTIAL	$365,900	144 ft
4808 CLINTON AVE MINNEAPOLIS MN 55419	MARY P SPRIGGS	RESIDENTIAL	$358,600	148 ft
300 48TH ST E MINNEAPOLIS MN 55419	BITNER BYRNE REV LIVING TR	RESIDENTIAL	$420,600	153 ft
4817 3RD AVE S MINNEAPOLIS MN 55419	LISA C RALSTON	RESIDENTIAL	$260,300	154 ft
221 48TH ST E MINNEAPOLIS MN 55419	JEFFREY E SUNDEM	RESIDENTIAL	$328,100	161 ft
4812 CLINTON AVE MINNEAPOLIS MN 55419	JONATHAN NEALE QUERY	RESIDENTIAL	$257,700	165 ft
302 48TH ST E MINNEAPOLIS MN 55419	REALLYFASTREALTY LLC	TRIPLEX	$241,600	187 ft

Property History

Current Tax Year

Year2026

Tax Due$6,928