3020 47TH AVE S MINNEAPOLIS MN 55406

PID: 0502823220010

Property Overview

Parcel ID0502823220010

Lot Size8,928 sq ft (0.205 ac)

Lot Dimensions (est.)124 ft wide × 72 ft deep

Year Built1906

Property ClassRESIDENTIAL

OwnerJ M CARRILLO & M M WINKER

Assessed Value$463,000

Land Value$181,000

Building Value$282,000

Annual Tax$7,099

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

7 permits on record since 2016 · $18K total declared value · Most recent: Apr 2023 (misc)

MiscApr 2023Closed

$3K

KEYPRIME ROOFING AND REMODELING

MiscJul 2020Closed

$1K

KEYPRIME ROOFING AND REMODELING

MiscMay 2018Closed

$14K

KEYPRIME ROOFING AND REMODELING

ResSep 2017Closed

Warners Stellian Co Inc

ExistresJun 2017Closed

Residential Heating and Air Conditioning Inc

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

UN2Urban Neighborhood 2

Urban Neighborhood 2 — moderate-density residential

Typical Uses

·Duplexes
·Triplexes
·Small apartment buildings (≤4 units)

Max Height35 ft

Development Potential

Setbacks

Front20 ft

Side (each)5 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width62 ft

Buildable depth84 ft

Area~5,205 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 small multifamily (2–4 units, wood frame) benchmarks for 5,205 sqft buildable area.

Est. units

Yield on cost

3.9%

Spread

-1.6%

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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	56 ft
3022 47TH AVE S MINNEAPOLIS MN 55406	JEAN MENDENHALL	RESIDENTIAL	$389,400	70 ft
3008 47TH AVE S MINNEAPOLIS MN 55406	E G WEEPIE & C E RUDOLPH	RESIDENTIAL	$336,700	96 ft
3028 47TH AVE S MINNEAPOLIS MN 55406	OLGA TOLLE-RODRIGUES	TRIPLEX	$553,200	134 ft
3019 46TH AVE S MINNEAPOLIS MN 55406	DANIEL P ROMERO	RESIDENTIAL-TWO UNIT	$387,600	139 ft
3021 46TH AVE S MINNEAPOLIS MN 55406	P GRIMM & J M WEYCKER	RESIDENTIAL	$398,400	140 ft
3017 46TH AVE S MINNEAPOLIS MN 55406	C M STOTLER/J ADAMEK-BOWERS	RESIDENTIAL	$542,800	149 ft
3023 46TH AVE S MINNEAPOLIS MN 55406	M J MEDVEC & P K MEDVEC	RESIDENTIAL	$378,700	152 ft
3011 46TH AVE S MINNEAPOLIS MN 55406	LONGFELLOW LIMITED PRTNR LLC	RESIDENTIAL-TWO UNIT	$406,700	168 ft
4621 LAKE ST E MINNEAPOLIS MN 55406	INFINITE PROPERTIES LLC	COMMERCIAL-PREFERRED	$749,000	169 ft

Property History

Most Recent Sale

Date201307

Price$395,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$7,099