128 RUSTIC LODGE W MINNEAPOLIS MN 55419

PID: 1502824240040

Property Overview

Parcel ID1502824240040

Lot Size10,791 sq ft (0.248 ac)

Lot Dimensions (est.)104 ft wide × 104 ft deep

Year Built1950

Property ClassRESIDENTIAL

OwnerBRADY ALEXANDER BRABEC ET AL

Assessed Value$743,100

Land Value$284,000

Building Value$459,100

Annual Tax$12,310

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

1 permit on record since 2014 · $164K total declared value · Most recent: Oct 2014 (building re-inspection)

Building Re-inspectionOct 2014

$164K

Source: Minneapolis open data. Declared construction values are applicant-reported and may not reflect actual project cost.

Neighborhood Profile

Tangletown · Minneapolis

Median reported rent1,486/mo

Renter-occupied21.5%

Median home value$519K

Vacancy rate7.9%

ACS rents reflect current tenant leases and may differ from new market rents.

Source: 2022 ACS 5-Year Estimates · Census Tract 1115

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

UN1Urban Neighborhood 1

Urban Neighborhood 1 — low-density residential

Typical Uses

·Single-family homes
·Duplexes
·Accessory dwelling units

Max Height35 ft

Development Potential

Setbacks

Front20 ft

Side (each)5 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width174 ft

Buildable depth19 ft

Area~3,916 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 sfr / adu benchmarks for 3,916 sqft buildable area.

Est. units

Yield on cost

2.5%

Spread

-3.0%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
132 RUSTIC LODGE W MINNEAPOLIS MN 55419	MEGAN O'MEARA & JEFF NIBLACK	RESIDENTIAL	$1,104,400	82 ft
4830 WENTWORTH AVE MINNEAPOLIS MN 55419	CITY OF MPLS PK BD	VACANT LAND-RESIDENTIAL	$0	113 ft
129 48TH ST W MINNEAPOLIS MN 55419	B RASMUSSEN & K ANTHONY	RESIDENTIAL	$836,900	125 ft
135 48TH ST W MINNEAPOLIS MN 55419	B H & L R HENNING	RESIDENTIAL	$791,800	128 ft
118 RUSTIC LODGE W MINNEAPOLIS MN 55419	L BRALSKI & R BRALSKI II	RESIDENTIAL	$528,900	137 ft
138 RUSTIC LODGE W MINNEAPOLIS MN 55419	M E GORMLEY JR ET AL	RESIDENTIAL	$572,500	146 ft
141 48TH ST W MINNEAPOLIS MN 55419	JANE ANN GENDRON TRUST	RESIDENTIAL	$506,100	166 ft
4801 WENTWORTH AVE MINNEAPOLIS MN 55419	CHAD BARASCH/JESSICA ARENDS	RESIDENTIAL	$574,000	181 ft
142 RUSTIC LODGE W MINNEAPOLIS MN 55419	BJORN HOFFMAN/ABBY O CARLEN	RESIDENTIAL	$732,100	196 ft
114 RUSTIC LODGE W MINNEAPOLIS MN 55419	GLEN F LUEDTKE ET AL	RESIDENTIAL	$520,300	199 ft

Property History

Most Recent Sale

Date201905

Price$689,900

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$12,310