112 47TH ST W MINNEAPOLIS MN 55419

PID: 1502824210034

Property Overview

Parcel ID1502824210034

Lot Size3,587 sq ft (0.082 ac)

Lot Dimensions (est.)40 ft wide × 89 ft deep

Year Built1915

Property ClassRESIDENTIAL

OwnerDAVID R NEWMAN ET AL

Assessed Value$361,000

Land Value$172,000

Building Value$189,000

Annual Tax$5,391

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

3 permits on record since 2017 · $10K total declared value · Most recent: Mar 2021 (res)

ResMar 2021Closed

Hero Home Services LLC

MiscOct 2020Closed

$5K

Minnesota Rusco Inc

MiscNov 2017Closed

$5K

K AND M CONSTRUCTION OF MINNESOTA LLC

Source: Minneapolis open data. Declared construction values are applicant-reported and may not reflect actual project cost.

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

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 width30 ft

Buildable depth50 ft

Area~1,492 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 1,492 sqft buildable area.

Est. units

Yield on cost

1.9%

Spread

-3.6%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
4643 WENTWORTH AVE MINNEAPOLIS MN 55419	R GERMAINE & K K GERMAINE	RESIDENTIAL	$320,900	69 ft
4647 WENTWORTH AVE MINNEAPOLIS MN 55419	AMEL BISCEVIC	RESIDENTIAL	$394,000	70 ft
4639 WENTWORTH AVE MINNEAPOLIS MN 55419	SUZANNE M KRAMER	RESIDENTIAL	$393,400	81 ft
4642 BLAISDELL AVE MINNEAPOLIS MN 55419	C HOOKER & G CALDWELL	RESIDENTIAL	$388,000	100 ft
4648 BLAISDELL AVE MINNEAPOLIS MN 55419	H SCHRAMKA & A SCHRAMKA	RESIDENTIAL	$435,200	100 ft
4638 BLAISDELL AVE MINNEAPOLIS MN 55419	COLLEEN COWHY	RESIDENTIAL	$378,000	119 ft
4635 WENTWORTH AVE MINNEAPOLIS MN 55419	PATRICK FREET	RESIDENTIAL	$314,100	121 ft
4634 BLAISDELL AVE MINNEAPOLIS MN 55419	BRITTANY KLINGLER ET AL	RESIDENTIAL	$383,000	150 ft
115 47TH ST W MINNEAPOLIS MN 55419	VIRGINIA SCHWAKE	RESIDENTIAL	$391,000	151 ft
119 47TH ST W MINNEAPOLIS MN 55419	JAMES F GRATHWOL	RESIDENTIAL	$395,900	158 ft

Property History

Current Tax Year

Year2026

Tax Due$5,391