4928 5TH AVE S MINNEAPOLIS MN 55419

PID: 1502824140086

Property Overview

Parcel ID1502824140086

Lot Size7,997 sq ft (0.184 ac)

Lot Dimensions (est.)129 ft wide × 62 ft deep

Year Built1939

Property ClassRESIDENTIAL

OwnerEDWARD W MCFADDEN JR ET AL

Assessed Value$583,900

Land Value$180,000

Building Value$403,900

Annual Tax$9,298

Environmental Constraints

FloodplainYes — Zone AE

WetlandsNone detected

Historic DistrictNo

Permit History

8 permits on record since 2018 · $239K total declared value · Most recent: Jul 2024 (misc)

MiscJul 2024Final Inspection

$24K

Twin Cities Home Solutions LLC

ResFeb 2024Expired

Appliance Connections INC

ExistresJul 2023Closed

Ray N Welter Heating Co

AdditionJun 2023Expired

$14K

Cromwell Holdings Inc

ExistresMay 2022Closed

Logan Companies

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 width35 ft

Buildable depth138 ft

Area~4,593 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 4,593 sqft buildable area.

Est. units

Yield on cost

2.4%

Spread

-3.1%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
4924 5TH AVE S MINNEAPOLIS MN 55419	KERRY & LISA RAUSCHENDORFER	RESIDENTIAL	$354,500	55 ft
4920 5TH AVE S MINNEAPOLIS MN 55419	J ZELM & J HOIOSEN SUBJ/L E	RESIDENTIAL	$447,300	100 ft
420 E MINNEHAHA PKWY MINNEAPOLIS MN 55419	JOHN SINNA & LINDSAY GRABB	RESIDENTIAL	$704,100	113 ft
416 E MINNEHAHA PKWY MINNEAPOLIS MN 55419	M B WIELAND & D J-T LIU	RESIDENTIAL	$672,300	125 ft
4929 4TH AVE S MINNEAPOLIS MN 55419	M C & M T LAMERS JT REV TR	RESIDENTIAL	$413,600	140 ft
4916 5TH AVE S MINNEAPOLIS MN 55419	JOEL SCHOU & MEDORA SCHOU	RESIDENTIAL	$368,400	145 ft
4925 4TH AVE S MINNEAPOLIS MN 55419	J A JOHNSON SR ETAL TRUSTEES	RESIDENTIAL	$423,900	146 ft
412 E MINNEHAHA PKWY MINNEAPOLIS MN 55419	DAWN KIMBERLY COLLINS	RESIDENTIAL	$445,500	147 ft
4939 4TH AVE S MINNEAPOLIS MN 55419	MOHAMED S ASHOUR	RESIDENTIAL	$582,700	148 ft
4921 4TH AVE S MINNEAPOLIS MN 55419	JENNIFER A SONG TRUST	RESIDENTIAL	$468,000	168 ft

Property History

Most Recent Sale

Date200104

Price$272,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$9,298