3901 QUEEN AVE N MINNEAPOLIS MN 55412

PID: 0502924410057

Property Overview

Parcel ID0502924410057

Lot Size5,101 sq ft (0.117 ac)

Lot Dimensions (est.)128 ft wide × 40 ft deep

Year Built1910

Property ClassRESIDENTIAL

OwnerNICHOLAS E CHAPEL

Assessed Value$251,000

Land Value$47,000

Building Value$204,000

Annual Tax$3,517

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

2 permits on record since 2019 · Most recent: Jun 2020 (res)

ResJun 2020Closed

CenterPoint Energy Resource Corp

ResJun 2019Closed

BENJAMIN FRANKLIN PLUMBING

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

Neighborhood Profile

Victory · Minneapolis

Median reported rent1,398/mo

Renter-occupied17.2%

Median home value$256K

Vacancy rate3.9%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 3

Market Snapshot

Zip code 55412

Median sale price$225K-2.2% YoY

Median price / sqft$172/sqft

Median days to close31 days

Active listings67

Source: Redfin Data Center (Invalid Date) · Zip 55412

Zoning

UN1Urban Neighborhood 1

Urban Neighborhood 1 — low-density residential

Typical Uses

·Single-family homes
·Duplexes
·Accessory dwelling units

Max Height35 ft

Development Potential

Front Street

On corner lots, the selected street determines which setbacks apply to each side.

Setbacks

Front20 ft

Interior side5 ft

Street side (est.)8 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width115 ft

Buildable depth0 ft

Area~2,363 sqft

Lot dimensions are insufficient for the standard setbacks shown.

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 sfr / adu benchmarks for 2,363 sqft buildable area.

Est. units

Yield on cost

1.7%

Spread

-3.8%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
3905 QUEEN AVE N MINNEAPOLIS MN 55412	JACK LOUIS HOULT/BARRY HART	RESIDENTIAL	$196,800	40 ft
3911 QUEEN AVE N MINNEAPOLIS MN 55412	K O K KEALOHAPAUOLE ET AL	RESIDENTIAL	$233,900	80 ft
3859 QUEEN AVE N MINNEAPOLIS MN 55412	AVERI TURNER	RESIDENTIAL	$238,000	107 ft
3915 QUEEN AVE N MINNEAPOLIS MN 55412	P A JUREK & T V LE	RESIDENTIAL	$256,500	120 ft
3900 RUSSELL AVE N MINNEAPOLIS MN 55412	KRISTINA BRADBURY/K BRADBURY	RESIDENTIAL	$358,000	141 ft
3906 RUSSELL AVE N MINNEAPOLIS MN 55412	JEREMY SMITH	RESIDENTIAL	$185,200	148 ft
3855 QUEEN AVE N MINNEAPOLIS MN 55412	CHRISTINE BRISTOL	RESIDENTIAL	$270,400	149 ft
3919 QUEEN AVE N MINNEAPOLIS MN 55412	MATTHEW STOFFEL	RESIDENTIAL	$283,800	160 ft
3910 RUSSELL AVE N MINNEAPOLIS MN 55412	JENNIFER WALL OLSON	RESIDENTIAL	$300,200	164 ft
3858 RUSSELL AVE N MINNEAPOLIS MN 55412	JENA WOLFE	RESIDENTIAL	$301,000	177 ft

Property History

Most Recent Sale

Date201108

Price$120,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$3,517