900 48TH ST W MINNEAPOLIS MN 55419

PID: 1602824110145

Property Overview

Parcel ID1602824110145

Lot Size10,381 sq ft (0.238 ac)

Lot Dimensions (est.)134 ft wide × 77 ft deep

Year Built1912

Property ClassRESIDENTIAL

OwnerPHOEBE J RUONA TRUST

Assessed Value$755,400

Land Value$355,000

Building Value$400,400

Annual Tax$7,023

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

5 permits on record since 2019 · $31K total declared value · Most recent: Jul 2024 (res)

ResJul 2024Closed

CenterPoint Energy Resource Corp

MiscOct 2021Closed

$27K

Viking Contractors LLC

ExistresAug 2019Closed

Erickson Plumbing Heating Cooling Inc

ResMay 2019Closed

Freedom Mechanical LLP

RemodelFeb 2019Closed

$4K

Phoebe Ruona

Source: Minneapolis open data. Declared construction values are applicant-reported and may not reflect actual project cost.

Neighborhood Profile

Lynnhurst · Minneapolis

Median reported rent1,676/mo

Renter-occupied16.2%

Median home value$633K

Vacancy rate4.8%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 107

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

UN3Urban Neighborhood 3

Urban Neighborhood 3 — medium-density residential

Typical Uses

·Apartment buildings
·Mixed-use with neighborhood retail

Max Height50 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.)10 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width119 ft

Buildable depth37 ft

Area~4,466 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 3-story wood frame (5–12 units) benchmarks for 4,466 sqft buildable area.

Est. units

Yield on cost

3.8%

Spread

-1.7%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
4748 BRYANT AVE S MINNEAPOLIS MN 55419	C O HUGHES & J HANSEN	RESIDENTIAL	$567,000	59 ft
4744 BRYANT AVE S MINNEAPOLIS MN 55419	M D HELMERS & C A REESE	RESIDENTIAL	$597,200	100 ft
4757 COLFAX AVE S MINNEAPOLIS MN 55419	M J GASKINS/CLAIRE M WRIGHT	RESIDENTIAL	$503,000	136 ft
4753 COLFAX AVE S MINNEAPOLIS MN 55419	JKMN PROPERTIES LLC	RESIDENTIAL	$646,000	136 ft
905 48TH ST W MINNEAPOLIS MN 55419	CHARLES J GANTZER III ET AL	RESIDENTIAL	$701,000	139 ft
4740 BRYANT AVE S MINNEAPOLIS MN 55419	JENNIFER M LABANOWSKI ET AL	RESIDENTIAL	$581,800	141 ft
4747 COLFAX AVE S MINNEAPOLIS MN 55419	A D DUSH & C M KAMP DUSH	RESIDENTIAL	$971,600	157 ft
4736 BRYANT AVE S MINNEAPOLIS MN 55419	LAUREN MUELLER/SAMUEL LAPHAM	RESIDENTIAL	$517,000	181 ft
4757 BRYANT AVE S MINNEAPOLIS MN 55419	J S DEHN & E R HUEBNER	RESIDENTIAL	$689,000	192 ft
4753 BRYANT AVE S MINNEAPOLIS MN 55419	DANIEL R CONLEY	RESIDENTIAL	$504,000	192 ft

Property History

Most Recent Sale

Date199803

Price$175,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$7,023