5225 46TH AVE S MINNEAPOLIS MN 55417

PID: 1702823330149

Property Overview

Parcel ID1702823330149

Lot Size5,130 sq ft (0.118 ac)

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

Year Built1940

Property ClassRESIDENTIAL

OwnerTHOMAS BEADLE

Assessed Value$319,800

Land Value$131,000

Building Value$188,800

Annual Tax$4,949

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 2022 · $44K total declared value · Most recent: Apr 2025 (misc)

MiscApr 2025Final Inspection

$10K

Rusco Kitchen Remodelers

MiscApr 2025Inspection

$19K

Rusco Kitchen Remodelers

ResMar 2023Expired

Warners Stellian Co Inc

MiscMay 2022Expired

$16K

PELLA NORTHLAND

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~2,646 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 2,646 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
5229 46TH AVE S MINNEAPOLIS MN 55417	A KOZICKY & N MAXWELL BRINE	RESIDENTIAL	$312,700	40 ft
5219 46TH AVE S MINNEAPOLIS MN 55417	CATERINA LOPESIO TRUST	RESIDENTIAL-TWO UNIT	$418,100	50 ft
5233 46TH AVE S MINNEAPOLIS MN 55417	GREGORY T HAWKINS	RESIDENTIAL	$292,100	80 ft
5215 46TH AVE S MINNEAPOLIS MN 55417	CATERINA LOPESIO TRUST	RESIDENTIAL-TWO UNIT	$424,300	110 ft
5237 46TH AVE S MINNEAPOLIS MN 55417	LOUIS F VIOSCA	RESIDENTIAL	$271,800	120 ft
5224 47TH AVE S MINNEAPOLIS MN 55417	R E NEWTON & R J NEWTON	RESIDENTIAL	$285,000	142 ft
5228 47TH AVE S MINNEAPOLIS MN 55417	E A DRESSEN & J D R ROCHA	RESIDENTIAL	$439,400	147 ft
5220 47TH AVE S MINNEAPOLIS MN 55417	J P M PESTANO & C F LONGACRE	RESIDENTIAL	$592,000	148 ft
5241 46TH AVE S MINNEAPOLIS MN 55417	RODNEY SCOTT GUNDY	RESIDENTIAL	$317,700	160 ft
5232 47TH AVE S MINNEAPOLIS MN 55417	L L-JACQUES & E L-JACQUES	RESIDENTIAL	$417,200	162 ft

Property History

Most Recent Sale

Date202111

Price$285,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$4,949