3035 46TH AVE S MINNEAPOLIS MN 55406

PID: 0502823220032

Property Overview

Parcel ID0502823220032

Lot Size4,960 sq ft (0.114 ac)

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

Year Built1914

Property ClassRESIDENTIAL

OwnerJ A WOLFF & C F HOLLENDER

Assessed Value$317,400

Land Value$134,000

Building Value$183,400

Annual Tax$4,803

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

4 permits on record since 2017 · $4K total declared value · Most recent: Aug 2024 (addition)

AdditionAug 2024Expired

$3K

Hage Construction Co

ResMar 2023Closed

CenterPoint Energy Resource Corp

ResJul 2018Closed

Linn Star Transfer Inc

RemodelJun 2017Closed

$1K

RACHEL SCHOEPF

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 width30 ft

Buildable depth84 ft

Area~2,519 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 2,519 sqft buildable area.

Est. units

Yield on cost

3.6%

Spread

-1.9%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
3031 46TH AVE S MINNEAPOLIS MN 55406	JAMES F & JUNE M STUHR	RESIDENTIAL-TWO UNIT	$451,700	40 ft
3039 46TH AVE S MINNEAPOLIS MN 55406	CHARLES D & SARAH R HOWLAND	RESIDENTIAL	$406,500	41 ft
3027 46TH AVE S MINNEAPOLIS MN 55406	A G HERRICK & C J HERRICK	RESIDENTIAL	$427,400	80 ft
3043 46TH AVE S MINNEAPOLIS MN 55406	D A HOLTZ SR & K S HOLTZ	RESIDENTIAL	$346,500	83 ft
3023 46TH AVE S MINNEAPOLIS MN 55406	M J MEDVEC & P K MEDVEC	RESIDENTIAL	$378,700	120 ft
3049 46TH AVE S MINNEAPOLIS MN 55406	T C HUBERTY/E J WATKINS L TR	RESIDENTIAL	$304,800	123 ft
3030 47TH AVE S MINNEAPOLIS MN 55406	MATHILDA O WOLSKE	RESIDENTIAL	$355,000	138 ft
3034 47TH AVE S MINNEAPOLIS MN 55406	SUSAN PATTERSON	RESIDENTIAL	$385,900	144 ft
3028 47TH AVE S MINNEAPOLIS MN 55406	OLGA TOLLE-RODRIGUES	TRIPLEX	$553,200	146 ft
3038 47TH AVE S MINNEAPOLIS MN 55406	L P & D J LITECKY TRSTS	RESIDENTIAL	$357,900	158 ft

Property History

Most Recent Sale

Date202210

Price$385,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$4,803