3533 46TH AVE S MINNEAPOLIS MN 55406

PID: 0502823320091

Property Overview

Parcel ID0502823320091

Lot Size4,960 sq ft (0.114 ac)

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

Year Built1936

Property ClassRESIDENTIAL

OwnerM D KERN & E A BARNES

Assessed Value$549,500

Land Value$211,000

Building Value$338,500

Annual Tax$8,931

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

6 permits on record since 2018 · $147K total declared value · Most recent: Apr 2021 (misc)

MiscApr 2021Closed

$16K

WISE DESIGN & REMODEL LLC

ExistresOct 2019Closed

Janecky Plumbing Service Inc

ResOct 2019Closed

Janecky Plumbing Service Inc

RemodelOct 2019Closed

$126K

WISE DESIGN & REMODEL LLC

MiscMay 2019Closed

$5K

J CARVER CONSTRUCTION INC

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

Neighborhood Profile

Howe · Minneapolis

Median reported rent984/mo

Renter-occupied4.6%

Median home value$373K

Vacancy rate0.0%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 1090

Market Snapshot

Zip code 55406

Median sale price$386K+4.2% YoY

Median price / sqft$263/sqft

Median days to close13 days

Active listings43

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

3.4%

Spread

-2.1%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
3529 46TH AVE S MINNEAPOLIS MN 55406	T W ELAND & M E MARTIN	RESIDENTIAL	$490,300	40 ft
3537 46TH AVE S MINNEAPOLIS MN 55406	AMELIA L GOETZ/BRIAN J GOETZ	RESIDENTIAL	$383,800	40 ft
3541 46TH AVE S MINNEAPOLIS MN 55406	JOAN E KREIDER	RESIDENTIAL	$544,000	80 ft
3525 46TH AVE S MINNEAPOLIS MN 55406	SARAH BUCKLEY	RESIDENTIAL	$480,600	83 ft
3545 46TH AVE S MINNEAPOLIS MN 55406	E M HINCHCLIFFE & J B ESSIE	RESIDENTIAL	$443,500	120 ft
3521 46TH AVE S MINNEAPOLIS MN 55406	J H BOLSER & C E OLIVER	RESIDENTIAL	$577,100	129 ft
3528 47TH AVE S MINNEAPOLIS MN 55406	R S LEYS & M T STEFFES	RESIDENTIAL	$486,000	140 ft
3524 47TH AVE S MINNEAPOLIS MN 55406	KATHLEEN BARNES REVOC TRUST	RESIDENTIAL	$520,200	147 ft
3532 47TH AVE S MINNEAPOLIS MN 55406	JOYCE J SCHULTZ	RESIDENTIAL	$484,400	147 ft
3549 46TH AVE S MINNEAPOLIS MN 55406	B EDELSCHICK/R G EDELSCHICK	RESIDENTIAL	$463,800	160 ft

Property History

Most Recent Sale

Date202207

Price$670,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$8,931