4952 FREMONT AVE S MINNEAPOLIS MN 55419

PID: 1602824130096

Property Overview

Parcel ID1602824130096

Lot Size10,831 sq ft (0.249 ac)

Lot Dimensions (est.)135 ft wide × 80 ft deep

Year Built1921

Property ClassRESIDENTIAL

OwnerC G TEEUWEN & C TEEUWEN

Assessed Value$736,500

Land Value$345,000

Building Value$391,500

Annual Tax$12,184

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

6 permits on record since 2017 · $155K total declared value · Most recent: Jul 2024 (res)

ResJul 2024Closed

CenterPoint Energy Resource Corp

ResAug 2022Expired

TrueWater Plumbing

ExistresAug 2022Closed

Supreme Heating and Air Conditioning LLC

AdditionJun 2022Closed

$150K

I SITE DEV LLC

ExistresJul 2017Closed

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 rent1,759/mo

Renter-occupied8.6%

Median home value$617K

Vacancy rate2.6%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 1114

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

RM1Residence Goods and Services

Residential Mixed-Use 1 — low-density mixed residential

Typical Uses

·Apartments
·Townhomes
·Neighborhood-scale retail on ground floor

Max Height45 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 width120 ft

Buildable depth40 ft

Area~6,198 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 6,198 sqft buildable area.

Est. units

Yield on cost

4.0%

Spread

-1.5%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
4948 FREMONT AVE S MINNEAPOLIS MN 55419	M J MICHEL & S E MICHEL	RESIDENTIAL	$656,000	70 ft
5000 FREMONT AVE S MINNEAPOLIS MN 55419	A M MCCONNELL/S M KNAPP	RESIDENTIAL	$655,000	133 ft
1320 50TH ST W MINNEAPOLIS MN 55419	R JUSTMAN & S JUSTMAN	RESIDENTIAL	$487,800	136 ft
4953 GIRARD AVE S MINNEAPOLIS MN 55419	M BUITRAGO & J SALOMAO	RESIDENTIAL	$1,161,300	138 ft
4940 FREMONT AVE S MINNEAPOLIS MN 55419	ROBERT DUPUIS & C T DUPUIS	RESIDENTIAL	$792,200	140 ft
1222 50TH ST W MINNEAPOLIS MN 55419	CRAIG W CARLSON LIVING TRUST	RESIDENTIAL	$498,300	152 ft
4947 GIRARD AVE S MINNEAPOLIS MN 55419	C M MARUSKA/D J SALTER LV TR	RESIDENTIAL	$1,151,800	163 ft
1323 50TH ST W MINNEAPOLIS MN 55419	G D SCHMIDT & M S C SCHMIDT	RESIDENTIAL	$665,500	190 ft
5008 FREMONT AVE S MINNEAPOLIS MN 55419	CAROL B SCHIRMERS	RESIDENTIAL	$656,600	193 ft
4941 GIRARD AVE S MINNEAPOLIS MN 55419	N J & J A WENNER TRUST	RESIDENTIAL	$711,300	195 ft

Property History

Most Recent Sale

Date201505

Price$575,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$12,184