114 49TH ST W MINNEAPOLIS MN 55419

PID: 1502824240085

Property Overview

Parcel ID1502824240085

Lot Size6,747 sq ft (0.155 ac)

Lot Dimensions (est.)50 ft wide × 134 ft deep

Year Built1924

Property ClassRESIDENTIAL

OwnerG G BROOKER & V A MARQUARDT

Assessed Value$507,500

Land Value$216,000

Building Value$291,500

Annual Tax$7,838

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: Jun 2023 (res)

ResJun 2023Expired

Valerie Marquardt

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~3,799 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 3,799 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
116 49TH ST W MINNEAPOLIS MN 55419	SHAW MAHAN TRUST	RESIDENTIAL	$412,300	48 ft
110 49TH ST W MINNEAPOLIS MN 55419	E N ROBINER & M C C MCLEOD	RESIDENTIAL	$442,000	50 ft
120 49TH ST W MINNEAPOLIS MN 55419	DAROLD & CAROL JOHNSON	RESIDENTIAL	$491,000	99 ft
106 49TH ST W MINNEAPOLIS MN 55419	LAURIE A KNOCKE	RESIDENTIAL	$492,800	100 ft
118 49TH ST W MINNEAPOLIS MN 55419	D E JOHNSON & C O JOHNSON	RESIDENTIAL	$99,000	106 ft
115 RUSTIC LODGE W MINNEAPOLIS MN 55419	M BUFFINGTON & K BUFFINGTON	RESIDENTIAL	$568,800	149 ft
100 49TH ST W MINNEAPOLIS MN 55419	M PINTO & C L GRABOW	RESIDENTIAL	$653,200	150 ft
109 RUSTIC LODGE W MINNEAPOLIS MN 55419	K T RIGG & J H RONALD	RESIDENTIAL	$485,600	153 ft
117 RUSTIC LODGE W MINNEAPOLIS MN 55419	JOHANNA TAYLOR/SHANNON RUST	RESIDENTIAL	$738,800	156 ft
107 RUSTIC LODGE W MINNEAPOLIS MN 55419	KEVIN MEATH & THERESA MEATH	RESIDENTIAL	$597,000	172 ft

Property History

Most Recent Sale

Date198908

Price$142,900

TypeOTHER – SEE CERTIFICATE OF REAL ESTATE VALUE (CRV)

Current Tax Year

Year2026

Tax Due$7,838