5440 46TH AVE S MINNEAPOLIS MN 55417

PID: 1902823110240

Property Overview

Parcel ID1902823110240

Lot Size5,122 sq ft (0.118 ac)

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

Year Built2014

Property ClassRESIDENTIAL

OwnerS J PARRY JR/ANDREA V PARRY

Assessed Value$565,000

Land Value$101,000

Building Value$464,000

Annual Tax$9,183

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

3 permits on record since 2013 · $185K total declared value · Most recent: Oct 2024 (existres)

ExistresOct 2024Closed

BONFES PLUMBING HEATING AND AIR SERVICE INC

ResMar 2023Closed

Warners Stellian Co Inc

BinbDec 2013

$185K

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

Neighborhood Profile

Morris Park · Minneapolis

Median reported rent1,438/mo

Renter-occupied18.6%

Median home value$267K

Vacancy rate2.5%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 121.02

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

Setbacks

Front20 ft

Side (each)5 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width30 ft

Buildable depth88 ft

Area~2,640 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 2,640 sqft buildable area.

Est. units

Yield on cost

2.8%

Spread

-2.7%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
5444 46TH AVE S MINNEAPOLIS MN 55417	BRIAN N THOMPSON	RESIDENTIAL	$276,800	40 ft
5436 46TH AVE S MINNEAPOLIS MN 55417	LAURA BJERKE	RESIDENTIAL	$272,500	40 ft
5432 46TH AVE S MINNEAPOLIS MN 55417	JENNIFER LEE THATE	RESIDENTIAL	$285,200	80 ft
5448 46TH AVE S MINNEAPOLIS MN 55417	HUY NGUYEN	RESIDENTIAL	$219,700	80 ft
5428 46TH AVE S MINNEAPOLIS MN 55417	M T HANSON & V A HANSON	RESIDENTIAL	$264,200	120 ft
5452 46TH AVE S MINNEAPOLIS MN 55417	MNSF T2 SPE LLC	RESIDENTIAL	$137,100	120 ft
5441 45TH AVE S MINNEAPOLIS MN 55417	NATHAN J CARLSON & M CARLSON	RESIDENTIAL	$318,900	142 ft
5445 45TH AVE S MINNEAPOLIS MN 55417	RACHEL MCGUIGAN	RESIDENTIAL	$312,200	147 ft
5437 45TH AVE S MINNEAPOLIS MN 55417	JUDITH A GRIMES	RESIDENTIAL	$223,000	147 ft
5424 46TH AVE S MINNEAPOLIS MN 55417	LEAH TOTH & COREY TOTH	RESIDENTIAL	$388,900	160 ft

Property History

Most Recent Sale

Date201507

Price$388,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$9,183