3300 45TH AVE S MINNEAPOLIS MN 55406

PID: 0602823140029

Property Overview

Parcel ID0602823140029

Lot Size6,371 sq ft (0.146 ac)

Lot Dimensions (est.)131 ft wide × 49 ft deep

Year Built1922

Property ClassRESIDENTIAL

OwnerREBECCA SUE ELLIOTT

Assessed Value$302,000

Land Value$157,000

Building Value$145,000

Annual Tax$5,230

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

2 permits on record since 2024 · $6K total declared value · Most recent: Mar 2026 (res)

ResMar 2026Inspection

CENTERPOINT ENERGY

MiscJul 2024Closed

$6K

One Nation Exteriors 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 width118 ft

Buildable depth9 ft

Area~2,941 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 2,941 sqft buildable area.

Est. units

Yield on cost

3.6%

Spread

-1.9%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
3304 45TH AVE S MINNEAPOLIS MN 55406	J J VAN SLOUN/P C VAN SLOUN	RESIDENTIAL	$418,000	49 ft
3308 45TH AVE S MINNEAPOLIS MN 55406	G C BURGSTEDE & J E DELUCA	RESIDENTIAL	$389,900	99 ft
3301 44TH AVE S MINNEAPOLIS MN 55406	R J DRAKE & K J S DRAKE TR	RESIDENTIAL	$373,300	143 ft
3305 44TH AVE S MINNEAPOLIS MN 55406	ANN F WALTERS	RESIDENTIAL	$324,600	148 ft
3312 45TH AVE S MINNEAPOLIS MN 55406	J A JOHNSON & S THOMPSON	RESIDENTIAL	$423,100	149 ft
3309 44TH AVE S MINNEAPOLIS MN 55406	KATIE YUNSHIM MURRAY TRUST	RESIDENTIAL	$399,800	166 ft
3301 45TH AVE S MINNEAPOLIS MN 55406	ERIC D MATTSON LIVING TRUST	RESIDENTIAL	$252,000	185 ft
3305 45TH AVE S MINNEAPOLIS MN 55406	CAMILLYA S BRYANT	RESIDENTIAL	$278,800	186 ft
3313 44TH AVE S MINNEAPOLIS MN 55406	DORIS A JOHNSON	RESIDENTIAL	$301,100	190 ft
3309 45TH AVE S MINNEAPOLIS MN 55406	JOHN JONES & SARAH JONES	RESIDENTIAL	$284,000	196 ft

Property History

Current Tax Year

Year2026

Tax Due$5,230