3037 42ND AVE S MINNEAPOLIS MN 55406

PID: 0602823110033

Property Overview

Parcel ID0602823110033

Lot Size6,211 sq ft (0.143 ac)

Lot Dimensions (est.)135 ft wide × 46 ft deep

Year Built1924

Property ClassRESIDENTIAL

OwnerFREDERIC RENE BAUDAT

Assessed Value$346,600

Land Value$149,000

Building Value$197,600

Annual Tax$4,724

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

3 permits on record since 2020 · $14K total declared value · Most recent: May 2024 (misc)

MiscMay 2024Closed

$14K

GARLOCK FRENCH ROOFING

ResJun 2023Closed

CenterPoint Energy Resource Corp

ResSep 2020Closed

CHAMPION PLUMBING LLC

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

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 width122 ft

Buildable depth6 ft

Area~3,135 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 3,135 sqft buildable area.

Est. units

Yield on cost

3.5%

Spread

-2.0%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
3033 42ND AVE S MINNEAPOLIS MN 55406	T LODDENGAARD & R DRUKER	RESIDENTIAL	$393,900	48 ft
3029 42ND AVE S MINNEAPOLIS MN 55406	CHARLIE FAUS	RESIDENTIAL-TWO UNIT	$483,700	99 ft
3101 42ND AVE S MINNEAPOLIS MN 55406	N&D PROPERTIES LLC	RESIDENTIAL-TWO UNIT	$360,600	113 ft
3036 43RD AVE S MINNEAPOLIS MN 55406	JACQUELINE L ERICKSON	RESIDENTIAL	$220,000	147 ft
3025 42ND AVE S MINNEAPOLIS MN 55406	JACOB ENGET & NANCY RICHTER	RESIDENTIAL	$309,900	149 ft
3032 43RD AVE S MINNEAPOLIS MN 55406	KATHLEEN M GRAY TRUST	RESIDENTIAL	$408,300	154 ft
3105 42ND AVE S MINNEAPOLIS MN 55406	M SULLIVAN & C R SULLIVAN	RESIDENTIAL	$409,900	161 ft
3028 43RD AVE S MINNEAPOLIS MN 55406	SHEIGH FREEBERG	RESIDENTIAL	$329,400	177 ft
3100 43RD AVE S MINNEAPOLIS MN 55406	K A SCHNEIDER & B HEBNER	RESIDENTIAL	$412,700	185 ft
3042 42ND AVE S MINNEAPOLIS MN 55406	S SMITH & E GEORGE	RESIDENTIAL	$310,000	196 ft

Property History

Most Recent Sale

Date201007

Price$190,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$4,724