500 E MINNEHAHA PKWY MINNEAPOLIS MN 55419

PID: 1502824140070

Property Overview

Parcel ID1502824140070

Lot Size15,332 sq ft (0.352 ac)

Lot Dimensions (est.)101 ft wide × 152 ft deep

Year Built1940

Property ClassRESIDENTIAL

OwnerF MARRAFFA & R A MARRAFFA

Assessed Value$722,600

Land Value$255,000

Building Value$467,600

Annual Tax$11,922

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

5 permits on record since 2017 · $30K total declared value · Most recent: Apr 2026 (misc)

MiscApr 2026Final Inspection

$12K

JNJ CARPENTRY LLC

RemodelApr 2019Closed

$10K

JNJ CARPENTRY LLC

ResNov 2017Closed

Cities 1 Plumbing and Heating Inc

RemodelNov 2017Closed

$8K

Francesco Marraffa

ExistresSep 2017Closed

Avid Heating and Cooling 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 width88 ft

Buildable depth112 ft

Area~9,862 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 9,862 sqft buildable area.

Est. units

Yield on cost

3.1%

Spread

-2.4%

Loading map…

Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
508 E MINNEHAHA PKWY MINNEAPOLIS MN 55419	P W OSTERGREN & T P GENETT	RESIDENTIAL	$487,900	75 ft
4929 5TH AVE S MINNEAPOLIS MN 55419	A C BENNETT & M E BENNETT	RESIDENTIAL	$442,700	114 ft
512 E MINNEHAHA PKWY MINNEAPOLIS MN 55419	ANGELA H SLAUGHTER ET AL	RESIDENTIAL	$740,400	125 ft
420 E MINNEHAHA PKWY MINNEAPOLIS MN 55419	JOHN SINNA & LINDSAY GRABB	RESIDENTIAL	$704,100	139 ft
4925 5TH AVE S MINNEAPOLIS MN 55419	R R COLLINS & M L COLLINS	RESIDENTIAL	$388,400	158 ft
516 E MINNEHAHA PKWY MINNEAPOLIS MN 55419	K BARTNICK & A WUEBKER	RESIDENTIAL	$500,300	175 ft
4928 PORTLAND AVE MINNEAPOLIS MN 55417	J ENGELMANN & K M ENGELMANN	RESIDENTIAL	$411,100	183 ft
416 E MINNEHAHA PKWY MINNEAPOLIS MN 55419	M B WIELAND & D J-T LIU	RESIDENTIAL	$672,300	191 ft
4921 5TH AVE S MINNEAPOLIS MN 55419	C NELSON & A GREDESKY	RESIDENTIAL	$444,400	203 ft
4928 5TH AVE S MINNEAPOLIS MN 55419	EDWARD W MCFADDEN JR ET AL	RESIDENTIAL	$583,900	205 ft

Property History

Most Recent Sale

Date201411

Price$635,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$11,922