146 RUSTIC LODGE W MINNEAPOLIS MN 55419

PID: 1502824240043

Property Overview

Parcel ID1502824240043

Lot Size6,753 sq ft (0.155 ac)

Lot Dimensions (est.)50 ft wide × 135 ft deep

Year Built1936

Property ClassRESIDENTIAL

OwnerMATTHEW PALMERET AL

Assessed Value$565,300

Land Value$235,000

Building Value$330,300

Annual Tax$8,946

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

2 permits on record since 2017 · Most recent: Feb 2020 (existres)

ExistresFeb 2020Closed

K & S Heating Air Conditioning & Plumbing Inc

ResFeb 2017Closed

CENTERPOINT ENERGY

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 width40 ft

Buildable depth95 ft

Area~3,790 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 3,790 sqft buildable area.

Est. units

Yield on cost

2.7%

Spread

-2.8%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
142 RUSTIC LODGE W MINNEAPOLIS MN 55419	BJORN HOFFMAN/ABBY O CARLEN	RESIDENTIAL	$732,100	48 ft
200 RUSTIC LODGE W MINNEAPOLIS MN 55419	MOLLY JO DAVIES	RESIDENTIAL	$706,800	51 ft
138 RUSTIC LODGE W MINNEAPOLIS MN 55419	M E GORMLEY JR ET AL	RESIDENTIAL	$572,500	98 ft
206 RUSTIC LODGE W MINNEAPOLIS MN 55419	F I E RODRIGUEZ & M G CURTIS	RESIDENTIAL	$517,800	101 ft
201 48TH ST W MINNEAPOLIS MN 55419	T J & M M LINNIHAN	RESIDENTIAL	$558,500	135 ft
147 48TH ST W MINNEAPOLIS MN 55419	MARY B DOYLE TR ET AL	RESIDENTIAL	$505,000	145 ft
210 RUSTIC LODGE W MINNEAPOLIS MN 55419	MARY JANE CLEARY	RESIDENTIAL	$785,100	152 ft
132 RUSTIC LODGE W MINNEAPOLIS MN 55419	MEGAN O'MEARA & JEFF NIBLACK	RESIDENTIAL	$1,104,400	162 ft
205 48TH ST W MINNEAPOLIS MN 55419	KENT R LUEBKE	RESIDENTIAL	$448,000	165 ft
141 48TH ST W MINNEAPOLIS MN 55419	JANE ANN GENDRON TRUST	RESIDENTIAL	$506,100	187 ft

Property History

Most Recent Sale

Date202002

Price$495,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$8,946