25 4TH AVE N MINNEAPOLIS MN 55401

PID: 2202924140255

Property Overview

Parcel ID2202924140255

Lot Size7,053 sq ft (0.162 ac)

Lot Dimensions (est.)110 ft wide × 64 ft deep

Year Built2000

Property ClassCONDOMINIUM

OwnerMICHAEL E ANDERSON ETAL TRES

Assessed Value$703,000

Land Value$356,000

Building Value$347,000

Annual Tax$11,628

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictYes — St. Anthony Falls

Development Opportunities

Historic district — St. Anthony FallsHigh

Within a Minneapolis HPC district — alterations and new construction require design review; historic tax credits may apply.

Minneapolis Preservation & Landmarks ↗

Signals are based on public datasets; program eligibility requires verification.

Permit History

2 permits on record since 2017 · $9K total declared value · Most recent: Jun 2024 (commercial minor)

Commercial MinorJun 2024Closed

Northern's Benjamin Franklin Plumbing

Commercial Multi-FamilyJun 2017Closed

$9K

CENTERPOINT ENERGY

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

Neighborhood Profile

North Loop · Minneapolis

Median reported rent2,098/mo

Renter-occupied65.1%

Median home value$370K

Vacancy rate7.0%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 1262.02

Market Snapshot

Zip code 55401

Median sale price$410K-14.2% YoY

Median price / sqft$331/sqft

Median days to close70 days

Active listings86

Source: Redfin Data Center (Invalid Date) · Zip 55401

Zoning

UN3Urban Neighborhood 3

Urban Neighborhood 3 — medium-density residential

Typical Uses

·Apartment buildings
·Mixed-use with neighborhood retail

Max Height50 ft

Development Potential

Setbacks

Front20 ft

Side (each)5 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width40 ft

Buildable depth101 ft

Area~3,479 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 3-story wood frame (5–12 units) benchmarks for 3,479 sqft buildable area.

Est. units

Yield on cost

3.8%

Spread

-1.7%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
25 4TH AVE N MINNEAPOLIS MN 55401	CROSS MOORHEAD TRUST	CONDOMINIUM	$701,000	0 ft
MN	Unknown	—	—	0 ft
41 4TH AVE N MINNEAPOLIS MN 55401	W J GENGLER & S P GENGLER	CONDOMINIUM	$727,000	87 ft
41 4TH AVE N MINNEAPOLIS MN 55401	NICHOLAS L PETERSON	CONDOMINIUM	$532,000	87 ft
41 4TH AVE N MINNEAPOLIS MN 55401	RENAISSANCE 103 LLC	CONDOMINIUM	$544,000	87 ft
41 4TH AVE N MINNEAPOLIS MN 55401	CHRISTINA REGO	CONDOMINIUM	$544,000	87 ft
MN	Unknown	—	—	87 ft
41 4TH AVE N MINNEAPOLIS MN 55401	MARK D P DAVIS	CONDOMINIUM	$729,000	87 ft
21 4TH AVE N MINNEAPOLIS MN 55401	JEFFREY A HAGEN	CONDOMINIUM	$724,000	101 ft
21 4TH AVE N MINNEAPOLIS MN 55401	THOMAS & KARA JACOBSEN TRUST	CONDOMINIUM	$500,000	101 ft

Property History

Most Recent Sale

Date200105

Price$415,908

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$11,628