720 4TH ST N MINNEAPOLIS MN 55401

PID: 2202924240381

Property Overview

Parcel ID2202924240381

Lot Size35,357 sq ft (0.812 ac)

Lot Dimensions (est.)266 ft wide × 133 ft deep

Year Built2005

Property ClassCONDO GARAGE/MISCELLANEOUS

OwnerILANA FROMER & VINIT AMIN

Assessed Value$15,500

Land Value$900

Building Value$14,600

Annual Tax$240

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

North Loop · Minneapolis

Median reported rent1,984/mo

Renter-occupied82.2%

Median home value$436K

Vacancy rate7.1%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 1262.01

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

DT1Downtown Center

Downtown Center 1 — urban core district

Typical Uses

·Office towers
·Hotels
·High-rise residential
·Entertainment
·Retail

Development Potential

Setbacks

Front0 ft

Side (each)0 ft

Rear0 ft

Estimated Buildable Footprint

Buildable width205 ft

Buildable depth172 ft

Area~35,260 sqft

Estimates based on typical zoning setbacks. Actual requirements may vary by lot, overlay, or conditional approval.

Development Feasibility

No buildable area could be estimated under current zoning setbacks. The lot may be too small or the setbacks consume the entire parcel.

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Nearby Parcels

Address	Owner	Class	Assessed Value
720 4TH ST N MINNEAPOLIS MN 55401	DANE HEGLAND	CONDO GARAGE/MISCELLANEOUS	$15,500
720 4TH ST N MINNEAPOLIS MN 55401	C N LINDEN & J L PETERSON	CONDO GARAGE/MISCELLANEOUS	$15,500
720 4TH ST N MINNEAPOLIS MN 55401	KENT E JENSEN	CONDO GARAGE/MISCELLANEOUS	$15,500
720 4TH ST N MINNEAPOLIS MN 55401	TIMOTHY J NELSON	CONDO GARAGE/MISCELLANEOUS	$15,500
720 4TH ST N MINNEAPOLIS MN 55401	E BOGDANOV & A E BOGDANOV	CONDO GARAGE/MISCELLANEOUS	$15,500
720 4TH ST N MINNEAPOLIS MN 55401	TIMOTHY J NELSON	CONDO GARAGE/MISCELLANEOUS	$15,500
720 4TH ST N MINNEAPOLIS MN 55401	AMWI LLC	CONDO GARAGE/MISCELLANEOUS	$15,500
720 4TH ST N MINNEAPOLIS MN 55401	GREGORY A WEBER	CONDO GARAGE/MISCELLANEOUS	$15,500
720 4TH ST N MINNEAPOLIS MN 55401	MOLLY MALLOCH	CONDO GARAGE/MISCELLANEOUS	$15,500
720 4TH ST N MINNEAPOLIS MN 55401	P DAWSON & C MCCARTY DAWSON	CONDO GARAGE/MISCELLANEOUS	$15,500

Property History

Current Tax Year

Year2026

Tax Due$240