4939 4TH AVE S MINNEAPOLIS MN 55419

PID: 1502824140093

Property Overview

Parcel ID1502824140093

Lot Size6,454 sq ft (0.148 ac)

Lot Dimensions (est.)129 ft wide × 50 ft deep

Year Built1925

Property ClassRESIDENTIAL

OwnerMOHAMED S ASHOUR

Assessed Value$582,700

Land Value$166,000

Building Value$416,700

Annual Tax$9,276

Environmental Constraints

FloodplainYes — Zone AE

WetlandsNone detected

Historic DistrictNo

Permit History

5 permits on record since 2021 · $20K total declared value · Most recent: Jun 2023 (res)

ResJun 2023Closed

CHAMPION PLUMBING LLC

ResMay 2021Closed

MN Plumbing & Home Services INC

ResMar 2021Closed

Cities 1 Plumbing and Heating Inc

RemodelFeb 2021Closed

$20K

GREAT LAKES WINDOW AND SIDING CO

ResJan 2021Closed

MN Plumbing & Home Services 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

Setbacks

Front20 ft

Side (each)5 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width49 ft

Buildable depth69 ft

Area~3,542 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 3,542 sqft buildable area.

Est. units

Yield on cost

2.0%

Spread

-3.5%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
4929 4TH AVE S MINNEAPOLIS MN 55419	M C & M T LAMERS JT REV TR	RESIDENTIAL	$413,600	51 ft
4925 4TH AVE S MINNEAPOLIS MN 55419	J A JOHNSON SR ETAL TRUSTEES	RESIDENTIAL	$423,900	99 ft
408 E MINNEHAHA PKWY MINNEAPOLIS MN 55419	LESLYE CARLYN SUAREZ	RESIDENTIAL	$543,200	116 ft
412 E MINNEHAHA PKWY MINNEAPOLIS MN 55419	DAWN KIMBERLY COLLINS	RESIDENTIAL	$445,500	127 ft
404 E MINNEHAHA PKWY MINNEAPOLIS MN 55419	C C LANCRETE & C M LANCRETE	RESIDENTIAL	$544,600	128 ft
400 E MINNEHAHA PKWY MINNEAPOLIS MN 55419	DAMON ROTHSTEIN	RESIDENTIAL	$448,800	139 ft
4921 4TH AVE S MINNEAPOLIS MN 55419	JENNIFER A SONG TRUST	RESIDENTIAL	$468,000	144 ft
4928 5TH AVE S MINNEAPOLIS MN 55419	EDWARD W MCFADDEN JR ET AL	RESIDENTIAL	$583,900	148 ft
416 E MINNEHAHA PKWY MINNEAPOLIS MN 55419	M B WIELAND & D J-T LIU	RESIDENTIAL	$672,300	152 ft
4924 5TH AVE S MINNEAPOLIS MN 55419	KERRY & LISA RAUSCHENDORFER	RESIDENTIAL	$354,500	178 ft

Property History

Most Recent Sale

Date202307

Price$695,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$9,276