46 LUVERNE AVE MINNEAPOLIS MN 55419

PID: 1502824420018

Property Overview

Parcel ID1502824420018

Lot Size5,328 sq ft (0.122 ac)

Lot Dimensions (est.)48 ft wide × 112 ft deep

Year Built1916

Property ClassRESIDENTIAL

OwnerLUIS GOMEZ HUERTA

Assessed Value$450,300

Land Value$215,000

Building Value$235,300

Annual Tax$6,860

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

6 permits on record since 2019 · $82K total declared value · Most recent: May 2025 (existres)

ExistresMay 2025Inspection

Professional Mechanical Services LLC

AdditionApr 2024Closed

$70K

Luis Huerta

RemodelOct 2021Closed

$4K

EGRESS WINDOW GUY

ExistresSep 2020Closed

Erickson Plumbing Heating Cooling Inc

ExistresSep 2019Closed

Erickson Plumbing Heating Cooling Inc

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 width38 ft

Buildable depth72 ft

Area~2,730 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 2,730 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
50 LUVERNE AVE MINNEAPOLIS MN 55419	A PETERSON & M PETERSON	RESIDENTIAL	$742,700	45 ft
42 LUVERNE AVE MINNEAPOLIS MN 55419	N V MACHADO & F H MACHADO	RESIDENTIAL	$460,900	49 ft
28 LUVERNE AVE MINNEAPOLIS MN 55419	N V MACHADO & F H MACHADO	VACANT LAND-RESIDENTIAL	$1,100	64 ft
54 LUVERNE AVE MINNEAPOLIS MN 55419	C POGEMILLER & S POGEMILLER	RESIDENTIAL	$678,800	93 ft
38 LUVERNE AVE MINNEAPOLIS MN 55419	M RITTENHOUSE/M RITTENHOUSE	RESIDENTIAL	$919,100	106 ft
32 E MINNEHAHA PKWY MINNEAPOLIS MN 55419	JOAN F WELTER	RESIDENTIAL	$609,600	106 ft
45 LUVERNE AVE MINNEAPOLIS MN 55419	JOHN PAUL KOTZ/JILLIAN KOTZ	RESIDENTIAL	$808,200	170 ft
28 E MINNEHAHA PKWY MINNEAPOLIS MN 55419	S & J L NORLIN-WEAVER	RESIDENTIAL	$798,500	180 ft
34 LUVERNE AVE MINNEAPOLIS MN 55419	B A ELLIOTT & A L ELLIOTT	RESIDENTIAL	$774,600	183 ft
35 LUVERNE AVE MINNEAPOLIS MN 55419	BRENDAN T HUBBARD	RESIDENTIAL	$339,800	190 ft

Property History

Most Recent Sale

Date202010

Price$422,900

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$6,860