3106 47TH AVE S MINNEAPOLIS MN 55406

PID: 0502823220018

Property Overview

Parcel ID0502823220018

Lot Size7,771 sq ft (0.178 ac)

Lot Dimensions (est.)141 ft wide × 55 ft deep

Year Built1916

Property ClassCOMMERCIAL-PREFERRED

OwnerMINNEHAHA ACADEMY

Assessed Value$0

Land Value$0

Building Value$0

Annual Tax$187

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 2023 · $24K total declared value · Most recent: May 2025 (roofwind)

RoofwindMay 2025Closed

$20K

DCC INC

ResJun 2023Closed

CenterPoint Energy Resource Corp

CommfdrrJan 2023Closed

$4K

DNA HEATING AND COOLING

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 width45 ft

Buildable depth101 ft

Area~4,557 sqft

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

Development Feasibility

Land value unavailable — feasibility estimate requires an assessed land value to calculate total development cost.

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
3100 47TH AVE S MINNEAPOLIS MN 55406	DOUGLAS R BRAITHWAITE	RESIDENTIAL	$336,000	55 ft
3050 47TH AVE S MINNEAPOLIS MN 55406	ADAM BABCOCK & TAMAR SANTOS	RESIDENTIAL	$358,100	103 ft
3105 46TH AVE S MINNEAPOLIS MN 55406	MINNEHAHA ACADEMY	COMMERCIAL-PREFERRED	$0	131 ft
3101 46TH AVE S MINNEAPOLIS MN 55406	GEBHART NEWBY LIVING TRUST	RESIDENTIAL	$367,800	137 ft
3038 47TH AVE S MINNEAPOLIS MN 55406	L P & D J LITECKY TRSTS	RESIDENTIAL	$357,900	143 ft
3049 46TH AVE S MINNEAPOLIS MN 55406	T C HUBERTY/E J WATKINS L TR	RESIDENTIAL	$304,800	163 ft
3034 47TH AVE S MINNEAPOLIS MN 55406	SUSAN PATTERSON	RESIDENTIAL	$385,900	184 ft
3043 46TH AVE S MINNEAPOLIS MN 55406	D A HOLTZ SR & K S HOLTZ	RESIDENTIAL	$346,500	191 ft
3030 47TH AVE S MINNEAPOLIS MN 55406	MATHILDA O WOLSKE	RESIDENTIAL	$355,000	226 ft
3039 46TH AVE S MINNEAPOLIS MN 55406	CHARLES D & SARAH R HOWLAND	RESIDENTIAL	$406,500	226 ft

Property History

Current Tax Year

Year2026

Tax Due$187