4740 EMERSON AVE S MINNEAPOLIS MN 55419

PID: 1602824120073

Property Overview

Parcel ID1602824120073

Lot Size13,471 sq ft (0.309 ac)

Lot Dimensions (est.)135 ft wide × 100 ft deep

Year Built1913

Property ClassRESIDENTIAL

OwnerP SHABINO & A SHABINO

Assessed Value$1,258,700

Land Value$572,000

Building Value$686,700

Annual Tax$22,063

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictYes — Lynnhurst Historic District

Development Opportunities

Historic district — Lynnhurst Historic DistrictHigh

Within a Minneapolis HPC district — alterations and new construction require design review; historic tax credits may apply.

Minneapolis Preservation & Landmarks ↗

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

Permit History

4 permits on record since 2018 · $89K total declared value · Most recent: Sep 2024 (accessory)

AccessorySep 2024Inspection

$44K

SUSSEL CORP

ResJul 2024Closed

CenterPoint Energy Resource Corp

RemodelJun 2024Closed

$45K

KAUFMAN SHEET METAL ROOFING INC

ExistresOct 2018Closed

Erickson Plumbing Heating Cooling Inc

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

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 width90 ft

Buildable depth95 ft

Area~8,520 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 8,520 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
4736 EMERSON AVE S MINNEAPOLIS MN 55419	SHEILA A LYNCH-SALAMON TRUST	RESIDENTIAL	$969,700	90 ft
4752 EMERSON AVE S MINNEAPOLIS MN 55419	V U HARTUNG & C G HARTUNG	RESIDENTIAL	$1,256,600	100 ft
4741 FREMONT AVE S MINNEAPOLIS MN 55419	ELLEN L PETERSON ESTES TRUST	RESIDENTIAL	$1,153,600	135 ft
4751 FREMONT AVE S MINNEAPOLIS MN 55419	A L KRAMER & E K SCHWARZ	RESIDENTIAL	$1,320,600	161 ft
4735 FREMONT AVE S MINNEAPOLIS MN 55419	R W BAKKE & E L BAKKE	RESIDENTIAL	$1,123,600	162 ft
4724 EMERSON AVE S MINNEAPOLIS MN 55419	ERIC J BUSS & GINA P BUSS	RESIDENTIAL	$1,443,000	170 ft
4741 EMERSON AVE S MINNEAPOLIS MN 55419	JENNIFER A S BASTIAN RVTR	RESIDENTIAL	$1,585,000	192 ft
4735 EMERSON AVE S MINNEAPOLIS MN 55419	TRAPPEY LIVING TRUST	RESIDENTIAL	$992,600	211 ft
4725 FREMONT AVE S MINNEAPOLIS MN 55419	JANE MUSSER & DAVID MUSSER	RESIDENTIAL	$967,400	217 ft
4753 EMERSON AVE S MINNEAPOLIS MN 55419	G ROBBINS & A ROBBINS	RESIDENTIAL	$1,570,000	217 ft

Property History

Most Recent Sale

Date202402

Price$1,300,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$22,063