45 E MINNEHAHA PKWY MINNEAPOLIS MN 55419

PID: 1502824430055

Property Overview

Parcel ID1502824430055

Lot Size7,251 sq ft (0.166 ac)

Lot Dimensions (est.)130 ft wide × 56 ft deep

Year Built1927

Property ClassRESIDENTIAL

OwnerA J GIESEN & E J O'BYRNE

Assessed Value$829,300

Land Value$266,000

Building Value$563,300

Annual Tax$13,940

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

4 permits on record since 2019 · $95K total declared value · Most recent: Oct 2024 (res)

ResOct 2024Inspection

Warners Stellian Co Inc

ExistresMar 2023Closed

WOODLAND STOVES & FIREPLACES

ResMar 2021Closed

CenterPoint Energy Resource Corp

RemodelFeb 2019Closed

$95K

OTOGAWA ANSCHEL DESIGN BUILD

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 width60 ft

Buildable depth64 ft

Area~4,014 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 4,014 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
41 E MINNEHAHA PKWY MINNEAPOLIS MN 55419	D E OSLUND & M P OSLUND	RESIDENTIAL	$846,100	58 ft
59 E MINNEHAHA PKWY MINNEAPOLIS MN 55419	TIMOTHY P LITTLE ET AL	RESIDENTIAL	$831,400	64 ft
35 E MINNEHAHA PKWY MINNEAPOLIS MN 55419	HARRY J KAISER/LEAH KAISER	RESIDENTIAL	$708,100	122 ft
101 E MINNEHAHA PKWY MINNEAPOLIS MN 55419	C R NOVENARIO & J E TILL JR	RESIDENTIAL	$764,800	128 ft
5312 1ST AVE S MINNEAPOLIS MN 55419	T W ANDERSON & J L ANDERSON	RESIDENTIAL	$653,700	137 ft
5316 1ST AVE S MINNEAPOLIS MN 55419	J S EUE & R EUE	RESIDENTIAL	$558,100	142 ft
5320 1ST AVE S MINNEAPOLIS MN 55419	PATRICK DOWD & TESSA STRACK	RESIDENTIAL	$526,700	178 ft
105 E MINNEHAHA PKWY MINNEAPOLIS MN 55419	T H GUNTHER & A E GUNTHER	RESIDENTIAL	$742,800	188 ft
5308 1ST AVE S MINNEAPOLIS MN 55419	R C & L M MARTIN REV TRUST	RESIDENTIAL	$634,100	194 ft
25 E MINNEHAHA PKWY MINNEAPOLIS MN 55419	TIMOTHY M DEAN & AMY S DEAN	RESIDENTIAL	$781,100	197 ft

Property History

Most Recent Sale

Date198605

Price$195,000

TypeOTHER – SEE CERTIFICATE OF REAL ESTATE VALUE (CRV)

Current Tax Year

Year2026

Tax Due$13,940