3250 39TH AVE S MINNEAPOLIS MN 55406

PID: 0602823130085

Property Overview

Parcel ID0602823130085

Lot Size5,139 sq ft (0.118 ac)

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

Year Built1924

Property ClassRESIDENTIAL

OwnerLORI K HAUG

Assessed Value$307,100

Land Value$142,000

Building Value$165,100

Annual Tax$4,651

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

3 permits on record since 2022 · $10K total declared value · Most recent: Jun 2023 (misc)

MiscJun 2023Closed

$10K

KAUFMAN SHEET METAL ROOFING INC

ResJun 2023Closed

CenterPoint Energy Resource Corp

ResMar 2022Closed

Urban Pine Plumbing and Mechanical Inc

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

Setbacks

Front20 ft

Side (each)5 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width30 ft

Buildable depth88 ft

Area~2,654 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 2,654 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
3246 39TH AVE S MINNEAPOLIS MN 55406	JESSE OLSON & BRIANNE OLSON	RESIDENTIAL	$215,000	40 ft
3254 39TH AVE S MINNEAPOLIS MN 55406	ANDREW J BARRETTE	RESIDENTIAL	$357,300	44 ft
3814 33RD ST E MINNEAPOLIS MN 55406	G LASERSMITH & J LASERSMITH	RESIDENTIAL	$126,100	58 ft
3238 39TH AVE S MINNEAPOLIS MN 55406	J STAMPE & A CADDOCK	RESIDENTIAL	$306,000	80 ft
3234 39TH AVE S MINNEAPOLIS MN 55406	A BRANDT/S WETENKAMP-BRANDT	RESIDENTIAL	$299,000	120 ft
3245 38TH AVE S MINNEAPOLIS MN 55406	S T PENDERS & A M PENDERS	RESIDENTIAL	$412,000	142 ft
3300 39TH AVE S MINNEAPOLIS MN 55406	MARIE A LOSHBAUGH	RESIDENTIAL	$301,000	142 ft
3241 38TH AVE S MINNEAPOLIS MN 55406	B G GILBERT & C R RENSTROM	RESIDENTIAL	$267,000	147 ft
3249 38TH AVE S MINNEAPOLIS MN 55406	A AARSVOLD & G AARSVOLD	RESIDENTIAL	$441,800	148 ft
3230 39TH AVE S MINNEAPOLIS MN 55406	TIMOTHY A GUSTAFSON ET AL	RESIDENTIAL	$358,800	160 ft

Property History

Most Recent Sale

Date199710

Price$93,700

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$4,651