2507 4TH ST N MINNEAPOLIS MN 55411

PID: 1502924220241

Property Overview

Parcel ID1502924220241

Lot Size6,751 sq ft (0.155 ac)

Lot Dimensions (est.)156 ft wide × 43 ft deep

Year Built1922

Property ClassRESIDENTIAL-TWO UNIT

OwnerEDDIE L TOWNSEND

Assessed Value$302,200

Land Value$17,000

Building Value$285,200

Annual Tax$5,740

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Development Opportunities

Green Zone — NorthHigh

Located in the Minneapolis North Green Zone (incl NE) — priority access to Great Streets financing, energy cost-share programs, and CPED gap financing.

Minneapolis Green Zones ↗

Potential programs

Great Streets Gap FinancingMedium

Below-market loans for commercial real estate development and rehabilitation on eligible corridors; priority given to Green Zone and ACP50 locations.

Minneapolis Great Streets — Gap Financing ↗

Environmental Response FundMedium

Grants and loans for contamination assessment and cleanup on eligible redevelopment sites; does not indicate known contamination.

Minneapolis — Brownfield Grants ↗

Signals are based on public datasets; program eligibility requires verification.

Permit History

No permits found in Minneapolis open data for this parcel.

Neighborhood Profile

Minneapolis

Median reported rent409/mo

Renter-occupied59.5%

Median home value$245K

Vacancy rate10.1%

ACS rents reflect current tenant leases and may differ from new market rents.

Source: 2022 ACS 5-Year Estimates · Census Tract 1263

Market Snapshot

Zip code 55411

Median sale price$243K-2.9% YoY

Median price / sqft$140/sqft

Median days to close40 days

Active listings67

Source: Redfin Data Center (Invalid Date) · Zip 55411

Zoning

UN2Urban Neighborhood 2

Urban Neighborhood 2 — moderate-density residential

Typical Uses

·Duplexes
·Triplexes
·Small apartment buildings (≤4 units)

Max Height35 ft

Development Potential

Setbacks

Front20 ft

Side (each)5 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width33 ft

Buildable depth117 ft

Area~3,861 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 small multifamily (2–4 units, wood frame) benchmarks for 3,861 sqft buildable area.

Est. units

Yield on cost

4.1%

Spread

-1.4%

Loading map…

Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
2511 4TH ST N MINNEAPOLIS MN 55411	K A PINEDA & L A VASQUEZ	RESIDENTIAL	$222,900	43 ft
2501 4TH ST N MINNEAPOLIS MN 55411	CITY OF MINNEAPOLIS	VACANT LAND-RESIDENTIAL	$0	43 ft
2515 4TH ST N MINNEAPOLIS MN 55411	MICHAEL HADDEN	APARTMENT	$389,000	86 ft
2519 4TH ST N MINNEAPOLIS MN 55411	PEDZO STAR PROPERTIES LLC	RESIDENTIAL-TWO UNIT	$253,100	129 ft
416 25TH AVE N MINNEAPOLIS MN 55411	TAIJUANA N ROBINSON	RESIDENTIAL	$158,000	135 ft
2431 4TH ST N MINNEAPOLIS MN 55411	ANGEL MAURICIO C ALVACORA	RESIDENTIAL	$128,000	149 ft
411 25TH AVE N MINNEAPOLIS MN 55411	PEGGY KOTILA	RESIDENTIAL-TWO UNIT	$243,800	153 ft
326 25TH AVE N MINNEAPOLIS MN 55411	KHAMSENE LY	APARTMENT	$391,000	164 ft
2523 4TH ST N MINNEAPOLIS MN 55411	BLANCA ALICIA SIBRI LLANGARI	RESIDENTIAL-TWO UNIT	$238,000	172 ft
2512 6TH ST N MINNEAPOLIS MN 55411	NOMI HAWTHORNE PROP LLC	TRIPLEX	$257,800	178 ft

Property History

Most Recent Sale

Date200111

Price$120,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$5,740