4623 PILLSBURY AVE MINNEAPOLIS MN 55419

PID: 1502824210067

Property Overview

Parcel ID1502824210067

Lot Size5,933 sq ft (0.136 ac)

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

Year Built1963

Property ClassRESIDENTIAL

OwnerS D PANSCH & H L PANSEH

Assessed Value$409,600

Land Value$225,000

Building Value$184,600

Annual Tax$6,205

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

UN2Urban Neighborhood 2

Urban Neighborhood 2 — moderate-density residential

Typical Uses

·Duplexes
·Triplexes
·Small apartment buildings (≤4 units)

Max Height35 ft

Development Potential

Setbacks

Front20 ft

Side (each)5 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width35 ft

Buildable depth92 ft

Area~3,213 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 3,213 sqft buildable area.

Est. units

Yield on cost

3.8%

Spread

-1.7%

Loading map…

Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
4627 PILLSBURY AVE MINNEAPOLIS MN 55419	MARIA E SCHOLZ ET AL	RESIDENTIAL	$688,700	45 ft
4619 PILLSBURY AVE MINNEAPOLIS MN 55419	T K BARNHART & R J EKSTRAND	RESIDENTIAL	$391,400	45 ft
4631 PILLSBURY AVE MINNEAPOLIS MN 55419	ANDREW & LISA HEDDEN	RESIDENTIAL	$463,400	90 ft
4615 PILLSBURY AVE MINNEAPOLIS MN 55419	S & K HARTUNG JT TRUST	RESIDENTIAL	$344,100	90 ft
4635 PILLSBURY AVE MINNEAPOLIS MN 55419	MARCIA GRACE JERGENSON	RESIDENTIAL	$353,700	135 ft
4611 PILLSBURY AVE MINNEAPOLIS MN 55419	KAREN J COSTELLO	RESIDENTIAL	$403,600	135 ft
4622 WENTWORTH AVE MINNEAPOLIS MN 55419	ANNA MARIE HOWARD TRUST	RESIDENTIAL	$352,000	144 ft
4626 WENTWORTH AVE MINNEAPOLIS MN 55419	E & A HINDS	RESIDENTIAL	$387,400	150 ft
4618 WENTWORTH AVE MINNEAPOLIS MN 55419	ABRAHAM HUNTER ET AL	RESIDENTIAL	$396,600	151 ft
4630 WENTWORTH AVE MINNEAPOLIS MN 55419	LAURIE M LAUSEN	RESIDENTIAL	$367,300	169 ft

Property History

Most Recent Sale

Date198608

Price$75,000

TypeOTHER – SEE CERTIFICATE OF REAL ESTATE VALUE (CRV)

Current Tax Year

Year2026

Tax Due$6,205