3332 46TH AVE S MINNEAPOLIS MN 55406

PID: 0602823140044

Property Overview

Parcel ID0602823140044

Lot Size8,372 sq ft (0.192 ac)

Lot Dimensions (est.)104 ft wide × 80 ft deep

Year Built1913

Property ClassRESIDENTIAL

OwnerHANNAH RAMER & CHASE SHUTAK

Assessed Value$509,500

Land Value$165,000

Building Value$344,500

Annual Tax$7,921

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

4 permits on record since 2020 · $29K total declared value · Most recent: Feb 2025 (existres)

ExistresFeb 2025Closed

STAFFORD HOME SERVICE

AccessoryJul 2023Expired

$29K

WESTERN CONSTRUCTION INC

ResJun 2023Closed

CenterPoint Energy Resource Corp

ResJan 2020Closed

Warners Stellian Co 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 width70 ft

Buildable depth65 ft

Area~4,521 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 4,521 sqft buildable area.

Est. units

Yield on cost

4.1%

Spread

-1.4%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
3328 46TH AVE S MINNEAPOLIS MN 55406	JENNIFER MARIE SIMS	RESIDENTIAL	$346,100	60 ft
3340 46TH AVE S MINNEAPOLIS MN 55406	EMILY HOUSER & ROBERT HEST	RESIDENTIAL	$338,300	60 ft
3324 46TH AVE S MINNEAPOLIS MN 55406	J P GLECKNER & J L LARIMER	RESIDENTIAL	$345,000	100 ft
3344 46TH AVE S MINNEAPOLIS MN 55406	M SAWYER & E SAWYER	RESIDENTIAL	$473,100	100 ft
3337 45TH AVE S MINNEAPOLIS MN 55406	ANGELA K DURHMAN	RESIDENTIAL	$345,100	118 ft
3331 45TH AVE S MINNEAPOLIS MN 55406	S J VLAMINCK & K E SIEWERT	RESIDENTIAL	$419,600	118 ft
3329 45TH AVE S MINNEAPOLIS MN 55406	KARYL J KRAFT LIVING TRUST	RESIDENTIAL	$338,000	130 ft
3341 45TH AVE S MINNEAPOLIS MN 55406	R ROEMING & J ROEMING	RESIDENTIAL	$466,400	131 ft
3320 46TH AVE S MINNEAPOLIS MN 55406	OLU'S LLC	RESIDENTIAL-TWO UNIT	$366,400	140 ft
3348 46TH AVE S MINNEAPOLIS MN 55406	TIMOTHY P KREPSKI LIVING TRU	RESIDENTIAL	$371,200	147 ft

Property History

Most Recent Sale

Date202205

Price$676,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$7,921