4920 41ST AVE S MINNEAPOLIS MN 55417

PID: 1802823130004

Property Overview

Parcel ID1802823130004

Lot Size5,410 sq ft (0.124 ac)

Lot Dimensions (est.)135 ft wide × 40 ft deep

Year Built1960

Property ClassRESIDENTIAL

OwnerPETER J & TRACY L AUST

Assessed Value$367,500

Land Value$155,000

Building Value$212,500

Annual Tax$5,479

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

No permits found in Minneapolis open data for this parcel.

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 depth95 ft

Area~2,857 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 2,857 sqft buildable area.

Est. units

Yield on cost

3.7%

Spread

-1.8%

Loading map…

Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
4924 41ST AVE S MINNEAPOLIS MN 55417	S B TREWICK & C J WILSON	RESIDENTIAL	$331,700	43 ft
4916 41ST AVE S MINNEAPOLIS MN 55417	DAVID EDWARD HOON	RESIDENTIAL	$348,500	43 ft
4928 41ST AVE S MINNEAPOLIS MN 55417	G P DOOLEY & B A M DOOLEY	RESIDENTIAL	$607,400	98 ft
4912 41ST AVE S MINNEAPOLIS MN 55417	P G HENDERSON/M G HENDERSON	RESIDENTIAL	$638,700	100 ft
4921 40TH AVE S MINNEAPOLIS MN 55417	JOAN H PEDERSON	RESIDENTIAL	$294,600	138 ft
4915 40TH AVE S MINNEAPOLIS MN 55417	K SCHMIDT & D P D'ARCO	RESIDENTIAL	$727,100	141 ft
4936 41ST AVE S MINNEAPOLIS MN 55417	R A GRANBECK & L G GRANBECK	RESIDENTIAL	$357,300	166 ft
4929 40TH AVE S MINNEAPOLIS MN 55417	C K PETERSON/MARK T EDMONDS	RESIDENTIAL	$844,000	167 ft
4025 49TH ST E MINNEAPOLIS MN 55417	J ELIZABETH ANDERS	RESIDENTIAL	$417,400	167 ft
4009 49TH ST E MINNEAPOLIS MN 55417	S R ROGERS & S A ROGERS	RESIDENTIAL	$451,700	179 ft

Property History

Most Recent Sale

Date200411

Price$205,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$5,479