4602 BLAISDELL AVE MINNEAPOLIS MN 55419

PID: 1502824210022

Property Overview

Parcel ID1502824210022

Lot Size5,943 sq ft (0.136 ac)

Lot Dimensions (est.)132 ft wide × 45 ft deep

Year Built1921

Property ClassRESIDENTIAL

OwnerT BENJAMIN HERTZEL

Assessed Value$309,000

Land Value$223,000

Building Value$86,000

Annual Tax$4,521

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Development Opportunities

High-Frequency Transit (5-min walk)High

Within a 5-minute walk of a high-frequency LRT or BRT stop — a positive factor for density bonuses and Met Council Livable Communities grant scoring.

Metro Council — Livable Communities ↗

Potential programs

Met Council Livable Communities GrantMedium

Competitive grants for affordable housing and transit-oriented development near high-frequency transit; proximity to LRT/BRT is a key scoring factor.

Metro Council — Livable Communities ↗

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

UN3Urban Neighborhood 3

Urban Neighborhood 3 — medium-density residential

Typical Uses

·Apartment buildings
·Mixed-use with neighborhood retail

Max Height50 ft

Development Potential

Setbacks

Front20 ft

Side (each)5 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width35 ft

Buildable depth92 ft

Area~3,221 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 3-story wood frame (5–12 units) benchmarks for 3,221 sqft buildable area.

Est. units

Yield on cost

3.9%

Spread

-1.6%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
4606 BLAISDELL AVE MINNEAPOLIS MN 55419	NANCY M FINNEY	RESIDENTIAL	$313,400	45 ft
4600 BLAISDELL AVE MINNEAPOLIS MN 55419	EUGENE SCHMITZ TRUSTEE	RESIDENTIAL	$405,200	47 ft
4610 BLAISDELL AVE MINNEAPOLIS MN 55419	C S COUILLARD-SMITH ETAL	RESIDENTIAL	$398,100	90 ft
4614 BLAISDELL AVE MINNEAPOLIS MN 55419	R HEFFERAN & C HEFFERAN	RESIDENTIAL	$380,000	135 ft
4603 WENTWORTH AVE MINNEAPOLIS MN 55419	N V JOHNSON & L P JOHNSON	RESIDENTIAL	$356,600	144 ft
4607 WENTWORTH AVE MINNEAPOLIS MN 55419	MARY E HISCHKE	RESIDENTIAL	$439,000	151 ft
4601 WENTWORTH AVE MINNEAPOLIS MN 55419	ERIN & JASON WYNNE	RESIDENTIAL	$490,000	151 ft
4611 WENTWORTH AVE MINNEAPOLIS MN 55419	MICHAEL L HARRIS	RESIDENTIAL	$370,600	171 ft
4618 BLAISDELL AVE MINNEAPOLIS MN 55419	F SEABERG-WOOD & C ROBINSON	RESIDENTIAL	$356,600	180 ft
4605 BLAISDELL AVE MINNEAPOLIS MN 55419	NESTINGEN FAMILY PTNRSHP LLP	APARTMENT	$640,300	189 ft

Property History

Most Recent Sale

Date199012

Price$58,000

TypeOTHER – SEE CERTIFICATE OF REAL ESTATE VALUE (CRV)

Current Tax Year

Year2026

Tax Due$4,521