4849 MORGAN AVE S MINNEAPOLIS MN 55419

PID: 1602824230031

Property Overview

Parcel ID1602824230031

Lot Size8,303 sq ft (0.191 ac)

Lot Dimensions (est.)107 ft wide × 78 ft deep

Year Built1924

Property ClassRESIDENTIAL

Owner4849 TRUST AGREEMENT

Assessed Value$1,590,100

Land Value$457,000

Building Value$1,133,100

Annual Tax$28,332

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

5 permits on record since 2003 · $257K total declared value · Most recent: Nov 2022 (res)

ResNov 2022Expired

Plumbing Services Inc

RemodelJul 2021Closed

$8K

TUSK BUILDERS LLC

ResApr 2018Closed

CenterPoint Energy Resource Corp

Building Re-inspectionSep 2005

$125K

Building Re-inspectionDec 2003

$124K

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

Neighborhood Profile

Lynnhurst · Minneapolis

Median reported rent1,625/mo

Renter-occupied17.4%

Median home value$721K

Vacancy rate0.6%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 106

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

Front Street

On corner lots, the selected street determines which setbacks apply to each side.

Setbacks

Front20 ft

Interior side5 ft

Street side (est.)8 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width94 ft

Buildable depth38 ft

Area~1,662 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 1,662 sqft buildable area.

Est. units

Yield on cost

1.2%

Spread

-4.3%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
1922 49TH ST W MINNEAPOLIS MN 55419	REBECCA KLEVAN/LARS KLEVAN	RESIDENTIAL	$1,025,600	53 ft
1914 49TH ST W MINNEAPOLIS MN 55419	ANDREW L WILKEY	RESIDENTIAL	$830,400	104 ft
4848 MORGAN AVE S MINNEAPOLIS MN 55419	D R POGUE & K M POGUE	RESIDENTIAL	$1,100,100	116 ft
1908 49TH ST W MINNEAPOLIS MN 55419	NOEL FRANCES SCHENKER	RESIDENTIAL	$1,028,800	155 ft
2006 49TH ST W MINNEAPOLIS MN 55419	D A CARLSON & B D PROBASCO	RESIDENTIAL	$886,400	170 ft
4817 MORGAN AVE S MINNEAPOLIS MN 55419	J H KOZLOFF & C G KOZLOFF TR	RESIDENTIAL	$2,631,000	185 ft
4861 E LAKE HARRIET PKWY MINNEAPOLIS MN 55419	SARAH S/CHRISTOPHER DEBACKER	RESIDENTIAL	$1,935,000	202 ft
1919 49TH ST W MINNEAPOLIS MN 55419	TAWFIQ BAJJALI	RESIDENTIAL	$910,600	204 ft
1904 49TH ST W MINNEAPOLIS MN 55419	K J WATERSTON II/T B SPIEGEL	RESIDENTIAL	$930,200	205 ft
1923 49TH ST W MINNEAPOLIS MN 55419	S H & L F HITE	RESIDENTIAL	$850,600	208 ft

Property History

Most Recent Sale

Date202104

Price$1,350,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$28,332