4609 BLAISDELL AVE MINNEAPOLIS MN 55419

PID: 1502824210212

Property Overview

Parcel ID1502824210212

Lot Size5,716 sq ft (0.131 ac)

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

Year Built1923

Property ClassCONDOMINIUM

OwnerLINDSAY BACHER

Assessed Value$206,000

Land Value$54,000

Building Value$152,000

Annual Tax$2,796

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictUnknown

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

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 depth87 ft

Area~3,045 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 3,045 sqft buildable area.

Est. units

Yield on cost

4.0%

Spread

-1.5%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
4609 BLAISDELL AVE MINNEAPOLIS MN 55419	CHRISTOPHER M RADEMACHER	CONDOMINIUM	$206,000	0 ft
4609 BLAISDELL AVE MINNEAPOLIS MN 55419	SAMUEL GRACE & MEGAN MYHRE	CONDOMINIUM	$206,000	0 ft
4609 BLAISDELL AVE MINNEAPOLIS MN 55419	BRADLEY GAWRONSKI SR	CONDOMINIUM	$206,000	0 ft
MN	Unknown	—	—	0 ft
4611 BLAISDELL AVE MINNEAPOLIS MN 55419	GRIZZLY MANAGEMENT 4611 LLC	RESIDENTIAL	$259,000	45 ft
4605 BLAISDELL AVE MINNEAPOLIS MN 55419	NESTINGEN FAMILY PTNRSHP LLP	APARTMENT	$640,300	45 ft
4615 BLAISDELL AVE MINNEAPOLIS MN 55419	KATIE E KLOSTERMAN	RESIDENTIAL	$312,000	90 ft
4601 BLAISDELL AVE MINNEAPOLIS MN 55419	M P MCANENEY & S E STRZOK	RESIDENTIAL-TWO UNIT	$533,200	93 ft
4619 BLAISDELL AVE MINNEAPOLIS MN 55419	THOMAS L FERGUSON & WIFE	RESIDENTIAL	$309,000	135 ft
4606 NICOLLET AVE MINNEAPOLIS MN 55419	MING NICOLLET LLC	COMMERCIAL-PREFERRED	$760,000	146 ft

Property History

Most Recent Sale

Date202108

Price$220,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$2,796