126 49TH ST W MINNEAPOLIS MN 55419

PID: 1502824240059

Property Overview

Parcel ID1502824240059

Lot Size5,784 sq ft (0.133 ac)

Lot Dimensions (est.)49 ft wide × 118 ft deep

Year Built1916

Property ClassRESIDENTIAL

OwnerM DAHLMAN & B DAHLMAN

Assessed Value$440,100

Land Value$203,000

Building Value$237,100

Annual Tax$6,691

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

No permits found in Minneapolis open data for this parcel.

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

Front Street

On corner lots, the selected street determines which setbacks apply to each side.

Setbacks

Front20 ft

Interior side5 ft

Street side (est.)8 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width36 ft

Buildable depth78 ft

Area~2,857 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 2,857 sqft buildable area.

Est. units

Yield on cost

2.3%

Spread

-3.2%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
130 49TH ST W MINNEAPOLIS MN 55419	KATHERINE K HANSEN	RESIDENTIAL	$420,400	47 ft
134 49TH ST W MINNEAPOLIS MN 55419	J HASSEMER & EMILY A ENGEL	RESIDENTIAL	$448,900	97 ft
120 49TH ST W MINNEAPOLIS MN 55419	DAROLD & CAROL JOHNSON	RESIDENTIAL	$491,000	100 ft
118 49TH ST W MINNEAPOLIS MN 55419	D E JOHNSON & C O JOHNSON	RESIDENTIAL	$99,000	125 ft
127 RUSTIC LODGE W MINNEAPOLIS MN 55419	E M STREIT & W J STREIT	RESIDENTIAL	$811,900	129 ft
138 49TH ST W MINNEAPOLIS MN 55419	CHERI S BERG REV TRUST	RESIDENTIAL	$604,000	146 ft
116 49TH ST W MINNEAPOLIS MN 55419	SHAW MAHAN TRUST	RESIDENTIAL	$412,300	151 ft
131 RUSTIC LODGE W MINNEAPOLIS MN 55419	R J FELDMAN & J A HIRSCH	RESIDENTIAL	$589,000	172 ft
121 RUSTIC LODGE W MINNEAPOLIS MN 55419	M J HEJNY & T L HEJNY	RESIDENTIAL	$717,100	172 ft
142 49TH ST W MINNEAPOLIS MN 55419	D M YANKO & G H KAYIM	RESIDENTIAL	$442,100	196 ft

Property History

Most Recent Sale

Date201610

Price$379,500

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$6,691