4715 BLAISDELL AVE MINNEAPOLIS MN 55419

PID: 1502824210202

Property Overview

Parcel ID1502824210202

Lot Size5,813 sq ft (0.133 ac)

Lot Dimensions (est.)126 ft wide × 46 ft deep

Year Built1922

Property ClassRESIDENTIAL

OwnerBLAISDELL PROPERTIES LLC

Assessed Value$471,400

Land Value$223,000

Building Value$248,400

Annual Tax$7,298

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 2004 · $305K total declared value · Most recent: Feb 2025 (misc)

MiscFeb 2025Closed

$25K

ASHCO EXTERIORS INC

ExistresJun 2020Closed

Ray N Welter Heating Co

Building Re-inspectionDec 2004

$280K

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

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 width36 ft

Buildable depth86 ft

Area~3,108 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 3,108 sqft buildable area.

Est. units

Yield on cost

3.3%

Spread

-2.2%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
4717 BLAISDELL AVE MINNEAPOLIS MN 55419	JOHN C URBIN & AMY M URBIN	RESIDENTIAL	$433,300	46 ft
4709 BLAISDELL AVE MINNEAPOLIS MN 55419	JOHN A BENNINGHOFF	RESIDENTIAL	$487,600	46 ft
4721 BLAISDELL AVE MINNEAPOLIS MN 55419	KINGA & ATTILA RUMY TRUSTEES	RESIDENTIAL	$414,400	92 ft
4705 BLAISDELL AVE MINNEAPOLIS MN 55419	B J POLINSKE & A N POLINSKE	RESIDENTIAL	$533,100	92 ft
4712 NICOLLET AVE MINNEAPOLIS MN 55419	J J BRANDT & JEFFREY BRANDT	RESIDENTIAL	$395,900	138 ft
4725 BLAISDELL AVE MINNEAPOLIS MN 55419	J C COSKRAN & J S COSKRAN	RESIDENTIAL	$485,500	138 ft
4701 BLAISDELL AVE MINNEAPOLIS MN 55419	JERED TUCKER	RESIDENTIAL	$449,400	138 ft
4716 NICOLLET AVE MINNEAPOLIS MN 55419	JEFFREY J OTTEM	APARTMENT	$654,500	145 ft
4706 NICOLLET AVE MINNEAPOLIS MN 55419	US INTERNET CORP	COMMERCIAL-PREFERRED	$568,000	147 ft
4720 NICOLLET AVE MINNEAPOLIS MN 55419	CASSANDRA BOOSALLS	CONDOMINIUM	$188,000	165 ft

Property History

Most Recent Sale

Date198308

Price$63,500

TypeOTHER – SEE CERTIFICATE OF REAL ESTATE VALUE (CRV)

Current Tax Year

Year2026

Tax Due$7,298