4952 THOMAS AVE S MINNEAPOLIS MN 55410

PID: 1702824130136

Property Overview

Parcel ID1702824130136

Lot Size5,129 sq ft (0.118 ac)

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

Year Built1920

Property ClassRESIDENTIAL

OwnerD L KELLY & K M KELLY

Assessed Value$592,400

Land Value$331,000

Building Value$261,400

Annual Tax$9,459

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Development Opportunities

Goods and Services CorridorHigh

On a Minneapolis 2040 Goods and Services Corridor — zoning supports commercial and light industrial uses.

Minneapolis Great Streets ↗

Potential programs

Great Streets Façade Improvement ProgramMedium

Matching grants for exterior improvements to commercial buildings on eligible corridors; contact CPED for current availability.

Minneapolis — Facade Improvement Matching Grant ↗

Environmental Response FundMedium

Grants and loans for contamination assessment and cleanup on eligible redevelopment sites; does not indicate known contamination.

Minneapolis — Brownfield Grants ↗

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

Permit History

No permits found in Minneapolis open data for this parcel.

Neighborhood Profile

Fulton · 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 55410

Median sale price$626K+10.3% YoY

Median price / sqft$312/sqft

Median days to close30 days

Active listings56

Source: Redfin Data Center (Invalid Date) · Zip 55410

Zoning

UN3Urban Neighborhood 3

Urban Neighborhood 3 — medium-density residential

Typical Uses

·Apartment buildings
·Mixed-use with neighborhood retail

Max Height50 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

3.0%

Spread

-2.5%

Loading map…

Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
4948 THOMAS AVE S MINNEAPOLIS MN 55410	C R BURDICK & C L HAYNES	RESIDENTIAL	$832,900	40 ft
4956 THOMAS AVE S MINNEAPOLIS MN 55410	ANDREW YANG	RESIDENTIAL-TWO UNIT	$550,300	42 ft
4944 THOMAS AVE S MINNEAPOLIS MN 55410	RACHEL FLEISCHER	RESIDENTIAL	$595,500	80 ft
4940 THOMAS AVE S MINNEAPOLIS MN 55410	JON P & JILL E VANVALKENBURG	RESIDENTIAL	$642,100	120 ft
4953 UPTON AVE S MINNEAPOLIS MN 55410	S SCHROEDER & Z BILLINGS	RESIDENTIAL	$499,800	140 ft
5000 THOMAS AVE S MINNEAPOLIS MN 55410	TERI D MCNEELY	RESIDENTIAL	$409,000	144 ft
4949 UPTON AVE S MINNEAPOLIS MN 55410	T M PAULSON & C LUNA-ROBLEDO	RESIDENTIAL	$536,500	146 ft
4957 UPTON AVE S MINNEAPOLIS MN 55410	KYLE BRANDT & NICOLE BRANDT	RESIDENTIAL	$575,000	146 ft
4936 THOMAS AVE S MINNEAPOLIS MN 55410	DONALD P MAGHRAK	RESIDENTIAL	$577,700	160 ft
4945 UPTON AVE S MINNEAPOLIS MN 55410	B L HOLM & S BENNEWITZ	RESIDENTIAL	$627,300	162 ft

Property History

Most Recent Sale

Date201210

Price$390,500

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$9,459