3200 46TH AVE S MINNEAPOLIS MN 55406

PID: 0602823140001

Property Overview

Parcel ID0602823140001

Lot Size4,149 sq ft (0.095 ac)

Lot Dimensions (est.)103 ft wide × 40 ft deep

Year Built1922

Property ClassRESIDENTIAL

OwnerB L KNUDSON & M D KNUDSON

Assessed Value$307,000

Land Value$120,000

Building Value$187,000

Annual Tax$4,487

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

5 permits on record since 2022 · $30K total declared value · Most recent: Dec 2024 (res)

ResDec 2024Closed

Gust Plumbing Inc

ExistresDec 2024Closed

4Front Energy Solutions Inc

RemodelNov 2024Closed

$30K

METAMORPHOSIS GROUP INC

ResMar 2023Closed

CenterPoint Energy Resource Corp

ExistresApr 2022Closed

Pronto Heating & Air Conditioning 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

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 width90 ft

Buildable depth0 ft

Area~1,720 sqft

Lot dimensions are insufficient for the standard setbacks shown.

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 1,720 sqft buildable area.

Est. units

Yield on cost

3.0%

Spread

-2.5%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
3204 46TH AVE S MINNEAPOLIS MN 55406	CONTANCE I ONYIAH	RESIDENTIAL	$278,000	40 ft
3208 46TH AVE S MINNEAPOLIS MN 55406	MICHAEL A MANN REV TR ET AL	RESIDENTIAL	$450,000	80 ft
3152 46TH AVE S MINNEAPOLIS MN 55406	KARIN E MATCHETT	TRIPLEX	$548,100	109 ft
3201 45TH AVE S MINNEAPOLIS MN 55406	R & S L FERNANDEZ	RESIDENTIAL-TWO UNIT	$428,100	117 ft
3212 46TH AVE S MINNEAPOLIS MN 55406	REBECCA L DEHN	RESIDENTIAL	$376,100	120 ft
3205 45TH AVE S MINNEAPOLIS MN 55406	C J HERMANN & M C SKAHEN	RESIDENTIAL	$298,000	124 ft
3209 45TH AVE S MINNEAPOLIS MN 55406	MARIE DAHMEN & ROGER PAGE	RESIDENTIAL	$260,000	142 ft
3148 46TH AVE S MINNEAPOLIS MN 55406	DARRYL MARTIN MASLAR	RESIDENTIAL-TWO UNIT	$419,200	149 ft
3216 46TH AVE S MINNEAPOLIS MN 55406	KATHRYN RIAN	RESIDENTIAL	$322,600	160 ft
3213 45TH AVE S MINNEAPOLIS MN 55406	ERIC LONERGAN/HOLLY LONERGAN	RESIDENTIAL	$361,500	168 ft

Property History

Most Recent Sale

Date200403

Price$205,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$4,487