2223 49TH ST W MINNEAPOLIS MN 55419

PID: 1602824230056

Property Overview

Parcel ID1602824230056

Lot Size6,743 sq ft (0.155 ac)

Lot Dimensions (est.)47 ft wide × 144 ft deep

Year Built1920

Property ClassRESIDENTIAL

OwnerW R LUNDBERG & L A LUNDBERG

Assessed Value$1,168,000

Land Value$378,000

Building Value$790,000

Annual Tax$20,347

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

2 permits on record since 2007 · $749K total declared value · Most recent: Dec 2025 (res)

ResDec 2025Inspection

CenterPoint Energy Resource Corp

Building Re-inspectionJan 2007

$749K

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 width34 ft

Buildable depth104 ft

Area~3,514 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 3,514 sqft buildable area.

Est. units

Yield on cost

1.7%

Spread

-3.8%

Loading map…

Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
2219 49TH ST W MINNEAPOLIS MN 55419	KAREN VANBECK RABINOVICH TST	RESIDENTIAL	$916,900	45 ft
2215 49TH ST W MINNEAPOLIS MN 55419	J L D SMITH & F J CUTHBERT	RESIDENTIAL	$1,086,000	90 ft
4917 PENN AVE S MINNEAPOLIS MN 55419	B M KROLL & B VINZANT	RESIDENTIAL	$633,700	109 ft
2211 49TH ST W MINNEAPOLIS MN 55419	A J BIRKHEAD & M IJZER	RESIDENTIAL	$986,200	135 ft
4921 PENN AVE S MINNEAPOLIS MN 55419	WILLIAM LEE & JULIE A DOLAN	RESIDENTIAL	$596,900	151 ft
4902 PENN AVE S MINNEAPOLIS MN 55419	E J KARAKASH & M S KARAKASH	RESIDENTIAL	$1,047,300	155 ft
4912 PENN AVE S MINNEAPOLIS MN 55419	G A WOYTHALER/T E WOYTHALER	RESIDENTIAL	$922,000	157 ft
4835 PENN AVE S MINNEAPOLIS MN 55419	JENNIFER L FERIANCEK REV TR	RESIDENTIAL	$1,195,900	171 ft
2207 49TH ST W MINNEAPOLIS MN 55419	J P BOYLE & K G BOYLE	RESIDENTIAL	$783,400	182 ft
4916 PENN AVE S MINNEAPOLIS MN 55419	PATRICIA A BARRY TRUST EL AL	RESIDENTIAL	$1,046,900	182 ft

Property History

Most Recent Sale

Date200108

Price$499,500

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$20,347