4737 GRAND AVE S MINNEAPOLIS MN 55419

PID: 1502824220203

Property Overview

Parcel ID1502824220203

Lot Size5,145 sq ft (0.118 ac)

Lot Dimensions (est.)125 ft wide × 41 ft deep

Year Built1928

Property ClassRESIDENTIAL-TWO UNIT

OwnerSHAWN MCMERTY

Assessed Value$475,100

Land Value$206,000

Building Value$269,100

Annual Tax$9,397

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

4 permits on record since 2017 · $12K total declared value · Most recent: Nov 2022 (misc)

MiscNov 2022Closed

$4K

Mad City Windows & Bath

ResNov 2022Closed

Mad City Windows & Bath

MiscJul 2019Closed

$8K

Diamond Exteriors LLC

ResJun 2017Closed

Warners Stellian Co Inc

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 width31 ft

Buildable depth85 ft

Area~2,649 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 2,649 sqft buildable area.

Est. units

Yield on cost

3.2%

Spread

-2.3%

Loading map…

Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
4741 GRAND AVE S MINNEAPOLIS MN 55419	RICHARD M WALL/LAURA E WALL	APARTMENT	$620,300	41 ft
4733 GRAND AVE S MINNEAPOLIS MN 55419	LOONBIRD LLC	RESIDENTIAL-TWO UNIT	$424,900	41 ft
4729 GRAND AVE S MINNEAPOLIS MN 55419	TANGLETOWN LIVING LLC	APARTMENT	$521,100	83 ft
4745 GRAND AVE S MINNEAPOLIS MN 55419	FRANCIS PATRICK MEANY ETAL	APARTMENT	$620,300	84 ft
4725 GRAND AVE S MINNEAPOLIS MN 55419	K KEREKES & GABRIEL MORENO	RESIDENTIAL	$389,800	124 ft
4749 GRAND AVE S MINNEAPOLIS MN 55419	M F REID & W J HENDRICKS	RESIDENTIAL-TWO UNIT	$560,700	126 ft
4736 PLEASANT AVE MINNEAPOLIS MN 55419	J BROWN/L STREICH-BROWN	RESIDENTIAL	$466,300	139 ft
4740 PLEASANT AVE MINNEAPOLIS MN 55419	A S KNUTSON & J E GASNER	RESIDENTIAL	$419,700	144 ft
4732 PLEASANT AVE MINNEAPOLIS MN 55419	STEVEN M WARD	RESIDENTIAL	$351,000	145 ft
4744 PLEASANT AVE MINNEAPOLIS MN 55419	BARBARA LYNN NICOLAZZI	RESIDENTIAL	$363,000	161 ft

Property History

Most Recent Sale

Date200211

Price$319,200

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$9,397