3954 THOMAS AVE N MINNEAPOLIS MN 55412

PID: 0502924410129

Property Overview

Parcel ID0502924410129

Lot Size9,297 sq ft (0.213 ac)

Lot Dimensions (est.)127 ft wide × 73 ft deep

Year Built1938

Property ClassCOMMERCIAL-PREFERRED

OwnerCHURCH OF GOD OF PROPHECY

Assessed Value$0

Land Value$0

Building Value$0

Annual Tax$223

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

3 permits on record since 2019 · $25K total declared value · Most recent: Jun 2019 (commercial multi-family)

Commercial Multi-FamilyJun 2019Closed

$400

Hi-Tech Heating and Air Conditioning Inc

ComnofdbvJun 2019Closed

Spiess Plumbing INC

RemodelJun 2019Closed

$25K

TERRY WACKERFUSS HOME SERVICES LLC

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 width114 ft

Buildable depth33 ft

Area~5,227 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
3950 THOMAS AVE N MINNEAPOLIS MN 55412	CITY OF MINNEAPOLIS	VACANT LAND-RESIDENTIAL	$0	57 ft
3946 THOMAS AVE N MINNEAPOLIS MN 55412	CHELSEA EDWARDS	RESIDENTIAL	$239,000	97 ft
4000 THOMAS AVE N MINNEAPOLIS MN 55412	M P MCDONOUGH ET AL W/L EST	RESIDENTIAL-TWO UNIT	$312,400	123 ft
3942 THOMAS AVE N MINNEAPOLIS MN 55412	C OBERLEY & J PICHOTTA	RESIDENTIAL	$288,900	137 ft
3957 SHERIDAN AVE N MINNEAPOLIS MN 55412	A E BLAU & E BLAU	RESIDENTIAL	$230,800	141 ft
3955 SHERIDAN AVE N MINNEAPOLIS MN 55412	MARILYN A BOREA	RESIDENTIAL	$284,000	141 ft
3951 SHERIDAN AVE N MINNEAPOLIS MN 55412	DYSHAWN KIANNA HAGER	RESIDENTIAL	$282,000	152 ft
4006 THOMAS AVE N MINNEAPOLIS MN 55412	ALICIA B LOSIER	RESIDENTIAL	$162,500	163 ft
3947 SHERIDAN AVE N MINNEAPOLIS MN 55412	ROBERT D MURPHY	RESIDENTIAL	$280,600	171 ft
3938 THOMAS AVE N MINNEAPOLIS MN 55412	SIMON AGUILAR CALDERON	RESIDENTIAL-TWO UNIT	$311,100	177 ft

Property History

Current Tax Year

Year2026

Tax Due$223