3042 BENJAMIN ST N E MINNEAPOLIS MN 55418

PID: 0102924440045

Property Overview

Parcel ID0102924440045

Lot Size5,045 sq ft (0.116 ac)

Lot Dimensions (est.)126 ft wide × 40 ft deep

Year Built1940

Property ClassRESIDENTIAL

OwnerA R SNYDER & A E BUCHANAN

Assessed Value$383,100

Land Value$130,000

Building Value$253,100

Annual Tax$5,761

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

5 permits on record since 2018 · $12K total declared value · Most recent: Dec 2025 (res)

ResDec 2025Closed

Warners Stellian Co Inc

MiscAug 2023Closed

$3K

Mad City Windows & Bath

MiscJul 2020Closed

$7K

FIRST CHOICE CONTRACTING INC

MiscDec 2018Closed

$2K

FIRST CHOICE CONTRACTING INC

ExistresSep 2018Closed

Freedom Heating and Air Conditioning Inc

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

Neighborhood Profile

Waite Park · Minneapolis

Median reported rent1,569/mo

Renter-occupied8.5%

Median home value$294K

Vacancy rate1.5%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 6.03

Market Snapshot

Zip code 55418

Median sale price$345K-3.1% YoY

Median price / sqft$222/sqft

Median days to close36 days

Active listings42

Source: Redfin Data Center (Invalid Date) · Zip 55418

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 depth86 ft

Area~2,585 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 2,585 sqft buildable area.

Est. units

Yield on cost

2.7%

Spread

-2.8%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
3046 BENJAMIN ST N E MINNEAPOLIS MN 55418	T W KORBA & K M MEMORICH	RESIDENTIAL	$376,500	40 ft
3038 BENJAMIN ST N E MINNEAPOLIS MN 55418	SHANE WEBER & KATRIYA WEBER	RESIDENTIAL	$380,600	40 ft
3050 BENJAMIN ST N E MINNEAPOLIS MN 55418	GARY A ARNTSEN	RESIDENTIAL	$351,800	80 ft
3034 BENJAMIN ST N E MINNEAPOLIS MN 55418	R C LACE & M M ADSIT	RESIDENTIAL	$371,000	80 ft
3030 BENJAMIN ST N E MINNEAPOLIS MN 55418	E R GAVINO & P A GAVINO	RESIDENTIAL	$428,000	119 ft
3054 BENJAMIN ST N E MINNEAPOLIS MN 55418	J J OELRICH/E Y CARPENTER	RESIDENTIAL	$351,800	120 ft
3043 CLEVELAND ST N E MINNEAPOLIS MN 55418	KATHERINE A JOHNSON	RESIDENTIAL	$370,400	138 ft
3039 CLEVELAND ST N E MINNEAPOLIS MN 55418	SABRINA M KEITH	RESIDENTIAL	$290,000	144 ft
3047 CLEVELAND ST N E MINNEAPOLIS MN 55418	J P MAZUREK & C J MARCACCINI	RESIDENTIAL	$363,700	145 ft
3058 BENJAMIN ST N E MINNEAPOLIS MN 55418	EDWARD J OLIVER	RESIDENTIAL	$326,600	156 ft

Property History

Most Recent Sale

Date202505

Price$417,500

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$5,761