3008 47TH AVE S MINNEAPOLIS MN 55406

PID: 0502823220005

Property Overview

Parcel ID0502823220005

Lot Size4,960 sq ft (0.114 ac)

Lot Dimensions (est.)124 ft wide × 40 ft deep

Year Built1925

Property ClassRESIDENTIAL

OwnerE G WEEPIE & C E RUDOLPH

Assessed Value$336,700

Land Value$133,000

Building Value$203,700

Annual Tax$4,985

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 2024 · $9K total declared value · Most recent: Aug 2025 (remodel)

RemodelAug 2025Final Inspection

$4K

24 RESTORE

ExistresJul 2024Closed

ST PAUL PLUMBING AND HEATING CO INC

MiscApr 2024Closed

$5K

Customer First Contractors LLC

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

Neighborhood Profile

Cooper · Minneapolis

Median reported rent1,309/mo

Renter-occupied16.5%

Median home value$339K

Vacancy rate5.0%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 1076

Market Snapshot

Zip code 55406

Median sale price$340K+3.0% YoY

Median price / sqft$248/sqft

Median days to close21 days

Active listings39

Source: Redfin Data Center (Invalid Date) · Zip 55406

Zoning

CM2Corridor Mixed Use

Property History

Most Recent Sale

Date202208

Price$370,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$4,985

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	Distance
3014 47TH AVE S MINNEAPOLIS MN 55406	R M ANDERSON ET AL TRUSTEES	RESIDENTIAL-TWO UNIT	$396,600	40 ft
4621 LAKE ST E MINNEAPOLIS MN 55406	INFINITE PROPERTIES LLC	COMMERCIAL-PREFERRED	$749,000	76 ft
3000 47TH AVE S MINNEAPOLIS MN 55406	RIVER ROAD WEST L L C	APARTMENT	$140,000	80 ft
3020 47TH AVE S MINNEAPOLIS MN 55406	J M CARRILLO & M M WINKER	RESIDENTIAL	$463,000	96 ft
3011 46TH AVE S MINNEAPOLIS MN 55406	LONGFELLOW LIMITED PRTNR LLC	RESIDENTIAL-TWO UNIT	$406,700	138 ft
3017 46TH AVE S MINNEAPOLIS MN 55406	C M STOTLER/J ADAMEK-BOWERS	RESIDENTIAL	$542,800	143 ft
4611 LAKE ST E MINNEAPOLIS MN 55406	LAKE STREET HOLDINGS IGI LLC	COMMERCIAL-PREFERRED	$982,000	155 ft
3019 46TH AVE S MINNEAPOLIS MN 55406	DANIEL P ROMERO	RESIDENTIAL-TWO UNIT	$387,600	159 ft
3022 47TH AVE S MINNEAPOLIS MN 55406	JEAN MENDENHALL	RESIDENTIAL	$389,400	166 ft
3021 46TH AVE S MINNEAPOLIS MN 55406	P GRIMM & J M WEYCKER	RESIDENTIAL	$398,400	182 ft