4623 PLEASANT AVE MINNEAPOLIS MN 55419

PID: 1502824210093

Property Overview

Parcel ID1502824210093

Lot Size5,707 sq ft (0.131 ac)

Lot Dimensions (est.)127 ft wide × 45 ft deep

Year Built1912

Property ClassRESIDENTIAL

OwnerJOHN SALTER & SOPHIA SALTER

Assessed Value$378,000

Land Value$221,000

Building Value$157,000

Annual Tax$5,676

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 depth87 ft

Area~3,038 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 3,038 sqft buildable area.

Est. units

Yield on cost

3.4%

Spread

-2.1%

Loading map…

Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
4627 PLEASANT AVE MINNEAPOLIS MN 55419	KURT S PETERSON TRUST ET AL	RESIDENTIAL	$382,400	45 ft
4619 PLEASANT AVE MINNEAPOLIS MN 55419	ANDREW FAY/AMANDA KIMBER	RESIDENTIAL	$401,400	45 ft
4631 PLEASANT AVE MINNEAPOLIS MN 55419	JENS H VANGE	RESIDENTIAL	$439,000	90 ft
4615 PLEASANT AVE MINNEAPOLIS MN 55419	DANIEL P SCHIMUNEK	RESIDENTIAL	$387,100	90 ft
4635 PLEASANT AVE MINNEAPOLIS MN 55419	MARK EDWARD LUETMER	RESIDENTIAL-TWO UNIT	$494,300	135 ft
4611 PLEASANT AVE MINNEAPOLIS MN 55419	KATHRYN WIGLEY & BLAKE MEIER	RESIDENTIAL	$441,400	135 ft
4622 PILLSBURY AVE MINNEAPOLIS MN 55419	T B THULL & M L BROWN	RESIDENTIAL	$518,400	138 ft
4626 PILLSBURY AVE MINNEAPOLIS MN 55419	IAN JOHNSON & TAYLOR JOHNSON	RESIDENTIAL	$687,900	145 ft
4618 PILLSBURY AVE MINNEAPOLIS MN 55419	K M ANDERSON & K M MCCORMICK	RESIDENTIAL	$418,000	146 ft
4630 PILLSBURY AVE MINNEAPOLIS MN 55419	S BIERINGER & R BIERINGER	RESIDENTIAL	$399,000	164 ft

Property History

Most Recent Sale

Date202302

Price$358,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$5,676