5144 46TH AVE S MINNEAPOLIS MN 55417

PID: 1802823410129

Property Overview

Parcel ID1802823410129

Lot Size6,786 sq ft (0.156 ac)

Lot Dimensions (est.)135 ft wide × 50 ft deep

Year Built1912

Property ClassRESIDENTIAL

OwnerPHILLIP L JACOBS

Assessed Value$304,900

Land Value$145,000

Building Value$159,900

Annual Tax$5,421

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

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 width122 ft

Buildable depth10 ft

Area~3,540 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 3,540 sqft buildable area.

Est. units

Yield on cost

2.1%

Spread

-3.4%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
5140 46TH AVE S MINNEAPOLIS MN 55417	KELLY PARKER	RESIDENTIAL	$341,200	50 ft
5136 46TH AVE S MINNEAPOLIS MN 55417	SILAS MAYER	RESIDENTIAL	$394,500	100 ft
5200 46TH AVE S MINNEAPOLIS MN 55417	J SCHAEFBAUER & J ROUSEY	RESIDENTIAL	$352,600	105 ft
5145 45TH AVE S MINNEAPOLIS MN 55417	JANE E BROMAGHIM	RESIDENTIAL	$374,300	135 ft
5141 45TH AVE S MINNEAPOLIS MN 55417	MARILYN CHRISTENSON	RESIDENTIAL	$396,900	143 ft
5204 46TH AVE S MINNEAPOLIS MN 55417	STEPHEN H LEMASTER	RESIDENTIAL	$332,100	145 ft
5132 46TH AVE S MINNEAPOLIS MN 55417	D GYALTSEN & T YANGKEY	RESIDENTIAL-TWO UNIT	$424,500	151 ft
5137 45TH AVE S MINNEAPOLIS MN 55417	EDWARD P FOX & KELLY A FOX	RESIDENTIAL-TWO UNIT	$423,400	168 ft
5201 45TH AVE S MINNEAPOLIS MN 55417	CHRISTOPHER M SCHEIDECKER	RESIDENTIAL	$337,200	174 ft
5208 46TH AVE S MINNEAPOLIS MN 55417	MOLINA INVESTMENT GROUP LLC	RESIDENTIAL	$275,000	185 ft

Property History

Most Recent Sale

Date198312

Price$54,500

TypeOTHER – SEE CERTIFICATE OF REAL ESTATE VALUE (CRV)

Current Tax Year

Year2026

Tax Due$5,421