5345 46TH AVE S MINNEAPOLIS MN 55417

PID: 1702823330100

Property Overview

Parcel ID1702823330100

Lot Size5,127 sq ft (0.118 ac)

Lot Dimensions (est.)128 ft wide × 40 ft deep

Year Built1920

Property ClassRESIDENTIAL

OwnerANTHONY NOEL RISHER

Assessed Value$421,800

Land Value$131,000

Building Value$290,800

Annual Tax$6,650

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Development Opportunities

High-Frequency Transit (5-min walk)High

Within a 5-minute walk of a high-frequency LRT or BRT stop — a positive factor for density bonuses and Met Council Livable Communities grant scoring.

Metro Council — Livable Communities ↗

Potential programs

Met Council Livable Communities GrantMedium

Competitive grants for affordable housing and transit-oriented development near high-frequency transit; proximity to LRT/BRT is a key scoring factor.

Metro Council — Livable Communities ↗

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

Permit History

4 permits on record since 2019 · $38K total declared value · Most recent: Mar 2023 (res)

ResMar 2023Closed

CenterPoint Energy Resource Corp

MiscAug 2021Closed

$3K

Risher Anthony

AdditionSep 2019Closed

$9K

NORSK CONCRETE CONSTRUCTION

AccessoryAug 2019Closed

$27K

Cody Balk

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

Neighborhood Profile

Minnehaha · Minneapolis

Median reported rent1,555/mo

Renter-occupied20.2%

Median home value$286K

Vacancy rate11.3%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 119.98

Market Snapshot

Zip code 55417

Median sale price$371K-4.4% YoY

Median price / sqft$244/sqft

Median days to close34 days

Active listings28

Source: Redfin Data Center (Invalid Date) · Zip 55417

Zoning

UN2Urban Neighborhood 2

Urban Neighborhood 2 — moderate-density residential

Typical Uses

·Duplexes
·Triplexes
·Small apartment buildings (≤4 units)

Max Height35 ft

Development Potential

Setbacks

Front20 ft

Side (each)5 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width30 ft

Buildable depth88 ft

Area~2,644 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 small multifamily (2–4 units, wood frame) benchmarks for 2,644 sqft buildable area.

Est. units

Yield on cost

3.4%

Spread

-2.1%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
5349 46TH AVE S MINNEAPOLIS MN 55417	LAURA A RENDALL	RESIDENTIAL	$271,300	40 ft
5341 46TH AVE S MINNEAPOLIS MN 55417	IAN S MOLLDREM	RESIDENTIAL	$302,800	45 ft
5353 46TH AVE S MINNEAPOLIS MN 55417	MAVIS B NELSON	RESIDENTIAL	$294,000	80 ft
5335 46TH AVE S MINNEAPOLIS MN 55417	J R ATHENEOS & S R ATHENEOS	RESIDENTIAL	$598,000	95 ft
5359 46TH AVE S MINNEAPOLIS MN 55417	ALEX GORDON & AUBRE GORDON	RESIDENTIAL	$290,700	119 ft
5344 47TH AVE S MINNEAPOLIS MN 55417	MARGARET L SODERHOLM	RESIDENTIAL	$290,000	142 ft
5331 46TH AVE S MINNEAPOLIS MN 55417	JOHN M BOWER JR ET AL	RESIDENTIAL	$338,100	145 ft
5348 47TH AVE S MINNEAPOLIS MN 55417	H FROILAND & S QUINNELL	RESIDENTIAL	$327,900	147 ft
5340 47TH AVE S MINNEAPOLIS MN 55417	K E NELSON & R E LUNDQUIST	RESIDENTIAL	$267,100	148 ft
5352 47TH AVE S MINNEAPOLIS MN 55417	PENGUIN PROPERTIES LLC	RESIDENTIAL	$308,200	162 ft

Property History

Most Recent Sale

Date202106

Price$380,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$6,650