3015 44TH AVE S MINNEAPOLIS MN 55406

PID: 0602823110175

Property Overview

Parcel ID0602823110175

Lot Size7,090 sq ft (0.163 ac)

Lot Dimensions (est.)142 ft wide × 50 ft deep

Year Built1925

Property ClassRESIDENTIAL

OwnerA SYVERSON & K RIVAS

Assessed Value$382,900

Land Value$165,000

Building Value$217,900

Annual Tax$5,758

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

No permits found in Minneapolis open data for this parcel.

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 width40 ft

Buildable depth102 ft

Area~4,071 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 4,071 sqft buildable area.

Est. units

Yield on cost

4.0%

Spread

-1.5%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
3019 44TH AVE S MINNEAPOLIS MN 55406	S J FITZPATRICK & K R BROWN	RESIDENTIAL	$493,100	45 ft
3011 44TH AVE S MINNEAPOLIS MN 55406	REBECCA A HAGUE	RESIDENTIAL	$324,900	45 ft
3023 44TH AVE S MINNEAPOLIS MN 55406	L A MOORHEAD/M R ZACZKOWSKI	RESIDENTIAL	$357,800	85 ft
3005 44TH AVE S MINNEAPOLIS MN 55406	DANIEL R FOWLDS ET AL	RESIDENTIAL-TWO UNIT	$452,300	90 ft
3027 44TH AVE S MINNEAPOLIS MN 55406	THOMAS CARRERA	RESIDENTIAL	$309,700	125 ft
4401 LAKE ST E MINNEAPOLIS MN 55406	FROST FAM PRTNSHP CHERRY TER	COMMERCIAL-PREFERRED	$823,000	143 ft
3014 45TH AVE S MINNEAPOLIS MN 55406	SALLY C RABBAN	RESIDENTIAL	$397,800	155 ft
3018 45TH AVE S MINNEAPOLIS MN 55406	PAUL L ST ANDREW LIVING TR	RESIDENTIAL-TWO UNIT	$423,400	162 ft
3008 45TH AVE S MINNEAPOLIS MN 55406	MARY DEVITT	RESIDENTIAL	$297,100	163 ft
3031 44TH AVE S MINNEAPOLIS MN 55406	SUSAN K ROEPKE	RESIDENTIAL	$336,700	165 ft

Property History

Most Recent Sale

Date202112

Price$364,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$5,758