4729 GRAND AVE S MINNEAPOLIS MN 55419

PID: 1502824220205

Property Overview

Parcel ID1502824220205

Lot Size5,304 sq ft (0.122 ac)

Lot Dimensions (est.)125 ft wide × 42 ft deep

Year Built1952

Property ClassAPARTMENT

OwnerTANGLETOWN LIVING LLC

Assessed Value$521,100

Land Value$157,500

Building Value$363,600

Annual Tax$9,896

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Development Opportunities

Potentially 4d-Eligible PropertyMedium

Property type suggests multifamily rental use — may qualify for the Minneapolis 4d program, which reduces property taxes to ~0.25% in exchange for affordability commitments. Requires 3+ units and a current rental license.

Minneapolis — 4d Affordable Housing Incentive ↗

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

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 width32 ft

Buildable depth86 ft

Area~2,758 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 2,758 sqft buildable area.

Est. units

Yield on cost

3.9%

Spread

-1.6%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
4725 GRAND AVE S MINNEAPOLIS MN 55419	K KEREKES & GABRIEL MORENO	RESIDENTIAL	$389,800	41 ft
4733 GRAND AVE S MINNEAPOLIS MN 55419	LOONBIRD LLC	RESIDENTIAL-TWO UNIT	$424,900	42 ft
4721 GRAND AVE S MINNEAPOLIS MN 55419	JAMES L AMUNDSON	RESIDENTIAL	$380,600	81 ft
4737 GRAND AVE S MINNEAPOLIS MN 55419	SHAWN MCMERTY	RESIDENTIAL-TWO UNIT	$475,100	83 ft
4717 GRAND AVE S MINNEAPOLIS MN 55419	R M LAWRENCE & LA O ROSO	RESIDENTIAL	$496,000	121 ft
4741 GRAND AVE S MINNEAPOLIS MN 55419	RICHARD M WALL/LAURA E WALL	APARTMENT	$620,300	124 ft
4728 PLEASANT AVE MINNEAPOLIS MN 55419	KIRSTEN M SATTAR & D SATTAR	RESIDENTIAL	$464,500	139 ft
4732 PLEASANT AVE MINNEAPOLIS MN 55419	STEVEN M WARD	RESIDENTIAL	$351,000	144 ft
4724 PLEASANT AVE MINNEAPOLIS MN 55419	R M ERICKSON & C ERICKSON	RESIDENTIAL	$401,200	145 ft
4720 PLEASANT AVE MINNEAPOLIS MN 55419	C & S PAQUETTE	RESIDENTIAL	$394,300	161 ft

Property History

Most Recent Sale

Date200601

Price$420,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$9,896