3200 43RD AVE S MINNEAPOLIS MN 55406

PID: 0602823140087

Property Overview

Parcel ID0602823140087

Lot Size6,744 sq ft (0.155 ac)

Lot Dimensions (est.)135 ft wide × 50 ft deep

Year Built1914

Property ClassRESIDENTIAL

OwnerD M LOGELAND & T E DENNSTEDT

Assessed Value$328,900

Land Value$160,000

Building Value$168,900

Annual Tax$5,092

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Development Opportunities

High-Frequency Transit (5-min walk)High

Within a 5-minute walk of a high-frequency LRT or BRT stop — a positive factor for density bonuses and Met Council Livable Communities grant scoring.

Metro Council — Livable Communities ↗

Potential programs

Met Council Livable Communities GrantMedium

Competitive grants for affordable housing and transit-oriented development near high-frequency transit; proximity to LRT/BRT is a key scoring factor.

Metro Council — Livable Communities ↗

Signals are based on public datasets; program eligibility requires verification.

Permit History

No permits found in Minneapolis open data for this parcel.

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 width122 ft

Buildable depth10 ft

Area~3,511 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 3,511 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
3204 43RD AVE S MINNEAPOLIS MN 55406	KEVIN CAPP/CAROLINA MARGARIA	RESIDENTIAL	$532,200	50 ft
3208 43RD AVE S MINNEAPOLIS MN 55406	JENNIFER J PETERS	RESIDENTIAL	$422,900	99 ft
4211 32ND ST E MINNEAPOLIS MN 55406	DEAN M LENERS	RESIDENTIAL	$289,500	101 ft
3140 43RD AVE S MINNEAPOLIS MN 55406	C SCHMITT & W KING	RESIDENTIAL	$403,000	122 ft
3212 43RD AVE S MINNEAPOLIS MN 55406	S A MEYER & J A MEYER	RESIDENTIAL	$375,700	149 ft
3201 42ND AVE S MINNEAPOLIS MN 55406	ERIC STEVENS	RESIDENTIAL	$306,500	167 ft
3205 42ND AVE S MINNEAPOLIS MN 55406	TRACY L SVEA	RESIDENTIAL	$268,400	170 ft
3209 42ND AVE S MINNEAPOLIS MN 55406	BRENT DUCKLOW/CLAIRE BYERLY	RESIDENTIAL	$260,000	178 ft
3136 43RD AVE S MINNEAPOLIS MN 55406	LESTER G DAHLMAN	RESIDENTIAL	$297,000	179 ft
3141 42ND AVE S MINNEAPOLIS MN 55406	MARINA D SCHLESINGER ET AL	RESIDENTIAL	$484,100	191 ft

Property History

Most Recent Sale

Date200211

Price$151,600

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$5,092