4701 DREW AVE S MINNEAPOLIS MN 55410

PID: 1702824220154

Property Overview

Parcel ID1702824220154

Lot Size5,208 sq ft (0.120 ac)

Lot Dimensions (est.)125 ft wide × 42 ft deep

Year Built1925

Property ClassRESIDENTIAL

OwnerPAUL J GAGNON REV TRUST

Assessed Value$509,000

Land Value$279,000

Building Value$230,000

Annual Tax$7,868

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

3 permits on record since 2019 · Most recent: Oct 2024 (existres)

ExistresOct 2024Closed

Hero Home Services LLC

ResApr 2023Closed

Hero Home Services LLC

ResJan 2019Closed

CenterPoint Energy Resource Corp

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

Neighborhood Profile

Fulton · Minneapolis

Median reported rent1,676/mo

Renter-occupied7.7%

Median home value$543K

Vacancy rate2.7%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 1112

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

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 width112 ft

Buildable depth2 ft

Area~2,436 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 2,436 sqft buildable area.

Est. units

Yield on cost

2.4%

Spread

-3.1%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
4705 DREW AVE S MINNEAPOLIS MN 55410	T VAN DE WALKER & S ADAMS	RESIDENTIAL	$629,000	42 ft
4709 DREW AVE S MINNEAPOLIS MN 55410	ELIZABETH A CROW REVOC TR	RESIDENTIAL	$642,500	84 ft
4653 DREW AVE S MINNEAPOLIS MN 55410	JEAN ANN RICHARDSON	RESIDENTIAL	$418,000	102 ft
4700 CHOWEN AVE S MINNEAPOLIS MN 55410	W B CREASEY & M E GRAY	RESIDENTIAL	$664,700	105 ft
4704 CHOWEN AVE S MINNEAPOLIS MN 55410	MICHELE A BEGANDY	RESIDENTIAL	$432,300	113 ft
4713 DREW AVE S MINNEAPOLIS MN 55410	J K SARGENT & J F SARGENT	RESIDENTIAL	$1,111,800	126 ft
4708 CHOWEN AVE S MINNEAPOLIS MN 55410	AMY C COWELL	RESIDENTIAL	$398,900	135 ft
4649 DREW AVE S MINNEAPOLIS MN 55410	COLLEEN E MORIARTY	RESIDENTIAL	$498,000	143 ft
4652 CHOWEN AVE S MINNEAPOLIS MN 55410	M M PADILLA/D A MACGILLIVRAY	RESIDENTIAL	$447,000	146 ft
4712 CHOWEN AVE S MINNEAPOLIS MN 55410	C K BATTEEN & J A BAGAN	RESIDENTIAL	$320,300	165 ft

Property History

Most Recent Sale

Date200804

Price$454,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$7,868