3237 39TH AVE S MINNEAPOLIS MN 55406

PID: 0602823130199

Property Overview

Parcel ID0602823130199

Lot Size5,089 sq ft (0.117 ac)

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

Year Built1912

Property ClassRESIDENTIAL

OwnerM A BARBER & C J BARBER

Assessed Value$354,800

Land Value$142,000

Building Value$212,800

Annual Tax$5,288

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

9 permits on record since 2019 · $43K total declared value · Most recent: Apr 2026 (misc)

MiscApr 2026Final Inspection

$4K

THE HOME DEPOT

ExistresFeb 2025Closed

Kirt's Mechanical LLC

MiscApr 2024Closed

$9K

Innovative Basement Authority

MiscNov 2023Closed

$15K

HOFFMAN WEBER CONSTRUCTION INC

ResJun 2023Closed

CenterPoint Energy Resource Corp

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 depth87 ft

Area~2,619 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 2,619 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
3241 39TH AVE S MINNEAPOLIS MN 55406	RYAN HERTEL/CARISSA J HERTEL	RESIDENTIAL	$428,900	40 ft
3233 39TH AVE S MINNEAPOLIS MN 55406	BLAKE STEINWAND	RESIDENTIAL-TWO UNIT	$385,000	40 ft
3229 39TH AVE S MINNEAPOLIS MN 55406	PETER L SAMUELSON ET AL	RESIDENTIAL	$386,000	79 ft
3245 39TH AVE S MINNEAPOLIS MN 55406	BRENTON HAACK/MELISSA HAACK	RESIDENTIAL	$342,000	80 ft
3249 39TH AVE S MINNEAPOLIS MN 55406	MELODY FLAHART & J BLEEKS	RESIDENTIAL	$329,600	119 ft
3225 39TH AVE S MINNEAPOLIS MN 55406	ZOE FEINSTEIN	RESIDENTIAL	$281,400	119 ft
3236 40TH AVE S MINNEAPOLIS MN 55406	CONNIE LANPHEAR	RESIDENTIAL	$316,600	142 ft
3240 40TH AVE S MINNEAPOLIS MN 55406	DANIEL J FATTIG	RESIDENTIAL-TWO UNIT	$384,100	147 ft
3232 40TH AVE S MINNEAPOLIS MN 55406	JENNIFER M WESLEY	RESIDENTIAL	$322,800	148 ft
3253 39TH AVE S MINNEAPOLIS MN 55406	MEGAN J PETERSON	RESIDENTIAL	$366,100	159 ft

Property History

Most Recent Sale

Date200303

Price$173,900

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$5,288