4601 DREW AVE S MINNEAPOLIS MN 55410

PID: 1702824220181

Property Overview

Parcel ID1702824220181

Lot Size5,207 sq ft (0.120 ac)

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

Year Built1925

Property ClassRESIDENTIAL

OwnerT E GOODELL & B A BABBITT

Assessed Value$517,200

Land Value$281,000

Building Value$236,200

Annual Tax$8,036

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

2 permits on record since 2017 · $20K total declared value · Most recent: Oct 2022 (misc)

MiscOct 2022Closed

$20K

EAGLE SIDING INC

ExistresJun 2017Closed

DUCTWORKS HEATING AND AIR CONDITIONING LLC

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

Neighborhood Profile

Linden Hills · Minneapolis

Median reported rent1,497/mo

Renter-occupied23.6%

Median home value$666K

Vacancy rate2.8%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 1098

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
4605 DREW AVE S MINNEAPOLIS MN 55410	DAVID W BAIERL ETAL	RESIDENTIAL	$676,100	42 ft
4609 DREW AVE S MINNEAPOLIS MN 55410	S A ELLIS & K A ELLIS	RESIDENTIAL	$650,600	84 ft
4600 CHOWEN AVE S MINNEAPOLIS MN 55410	JAMIE T BARRIE	RESIDENTIAL	$409,000	105 ft
4604 CHOWEN AVE S MINNEAPOLIS MN 55410	PAMELA A COLBY	RESIDENTIAL	$420,000	113 ft
4545 DREW AVE S MINNEAPOLIS MN 55410	PATRICIA M FRANCISCO	RESIDENTIAL	$523,800	126 ft
4615 DREW AVE S MINNEAPOLIS MN 55410	A M-N BOWEN & T R KALSTROM	RESIDENTIAL	$775,600	126 ft
4608 CHOWEN AVE S MINNEAPOLIS MN 55410	M MCCOY & M C THOMAS	RESIDENTIAL	$458,300	135 ft
4542 CHOWEN AVE S MINNEAPOLIS MN 55410	ROBERTA L WILSON REVOC TRUST	RESIDENTIAL-TWO UNIT	$687,800	158 ft
4612 CHOWEN AVE S MINNEAPOLIS MN 55410	STEPHEN G SWANSON	RESIDENTIAL	$480,300	164 ft
4617 DREW AVE S MINNEAPOLIS MN 55410	DENNIS ZARLING REVOC TRUST	RESIDENTIAL	$790,100	168 ft

Property History

Most Recent Sale

Date198803

Price$90,000

TypeOTHER – SEE CERTIFICATE OF REAL ESTATE VALUE (CRV)

Current Tax Year

Year2026

Tax Due$8,036