4647 BLAISDELL AVE MINNEAPOLIS MN 55419

PID: 1502824210008

Property Overview

Parcel ID1502824210008

Lot Size5,621 sq ft (0.129 ac)

Lot Dimensions (est.)126 ft wide × 44 ft deep

Year Built1912

Property ClassAPARTMENT

OwnerMALINDA LAUNERT

Assessed Value$585,000

Land Value$111,800

Building Value$473,200

Annual Tax$11,110

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Development Opportunities

Potentially 4d-Eligible PropertyMedium

Property type suggests multifamily rental use — may qualify for the Minneapolis 4d program, which reduces property taxes to ~0.25% in exchange for affordability commitments. Requires 3+ units and a current rental license.

Minneapolis — 4d Affordable Housing Incentive ↗

Signals are based on public datasets; program eligibility requires verification.

Permit History

No permits found in Minneapolis open data for this parcel.

Neighborhood Profile

Tangletown · Minneapolis

Median reported rent1,545/mo

Renter-occupied24.2%

Median home value$360K

Vacancy rate1.5%

ACS rents reflect current tenant leases and may differ from new market rents.

Source: 2022 ACS 5-Year Estimates · Census Tract 1108

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

UN2Urban Neighborhood 2

Urban Neighborhood 2 — moderate-density residential

Typical Uses

·Duplexes
·Triplexes
·Small apartment buildings (≤4 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 depth4 ft

Area~2,719 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 small multifamily (2–4 units, wood frame) benchmarks for 2,719 sqft buildable area.

Est. units

Yield on cost

4.0%

Spread

-1.5%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
4643 BLAISDELL AVE MINNEAPOLIS MN 55419	STEVEN D WOHLFORD	RESIDENTIAL	$443,000	45 ft
4639 BLAISDELL AVE MINNEAPOLIS MN 55419	CLARE HOUSING	RESIDENTIAL	$0	90 ft
4701 BLAISDELL AVE MINNEAPOLIS MN 55419	JERED TUCKER	RESIDENTIAL	$449,400	105 ft
4635 BLAISDELL AVE MINNEAPOLIS MN 55419	ROBERT W EDSTROM	RESIDENTIAL-TWO UNIT	$319,300	135 ft
4646 NICOLLET AVE MINNEAPOLIS MN 55419	PERRY CAPITAL LLC	RESIDENTIAL	$300,000	138 ft
4642 NICOLLET AVE MINNEAPOLIS MN 55419	COMMUNITY HOUSING RESOURCES	APARTMENT	$0	146 ft
4705 BLAISDELL AVE MINNEAPOLIS MN 55419	B J POLINSKE & A N POLINSKE	RESIDENTIAL	$533,100	151 ft
4638 NICOLLET AVE MINNEAPOLIS MN 55419	FRIEDA B WILSON	RESIDENTIAL	$285,000	166 ft
4631 BLAISDELL AVE MINNEAPOLIS MN 55419	SUZANNE M DITTER	RESIDENTIAL	$465,700	180 ft
4700 NICOLLET AVE MINNEAPOLIS MN 55419	CI PROPERTIES LLC	COMMERCIAL-PREFERRED	$228,800	184 ft

Property History

Most Recent Sale

Date199807

Price$128,380

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$11,110