3245 42ND AVE S MINNEAPOLIS MN 55406

PID: 0602823140099

Property Overview

Parcel ID0602823140099

Lot Size6,087 sq ft (0.140 ac)

Lot Dimensions (est.)137 ft wide × 44 ft deep

Year Built1920

Property ClassRESIDENTIAL

OwnerD L BLAISDELL/C L BLAISDELL

Assessed Value$233,000

Land Value$145,000

Building Value$88,000

Annual Tax$3,248

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

4 permits on record since 2019 · $2K total declared value · Most recent: Jun 2023 (res)

ResJun 2023Closed

CenterPoint Energy Resource Corp

ResOct 2021Closed

Urban Pine Plumbing and Mechanical Inc

MiscOct 2019Closed

$2K

DAVE KNUTSON SIDING LLC

ResJul 2019Closed

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

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 width124 ft

Buildable depth4 ft

Area~3,049 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 3,049 sqft buildable area.

Est. units

Yield on cost

3.6%

Spread

-1.9%

Loading map…

Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
3241 42ND AVE S MINNEAPOLIS MN 55406	J M WEINBURD/C I MARTIN ETAL	RESIDENTIAL	$287,000	47 ft
3237 42ND AVE S MINNEAPOLIS MN 55406	GREGORY D PATES	RESIDENTIAL	$326,000	97 ft
3301 42ND AVE S MINNEAPOLIS MN 55406	WAYNE E & NINA E THOMPSON	RESIDENTIAL	$420,300	113 ft
3233 42ND AVE S MINNEAPOLIS MN 55406	PENNYMAC LOAN SERVICES LLC	RESIDENTIAL	$283,000	147 ft
3244 43RD AVE S MINNEAPOLIS MN 55406	CHRISTOPHER G SCHMID	RESIDENTIAL	$368,800	148 ft
3240 43RD AVE S MINNEAPOLIS MN 55406	SCOTT W HUBBARD	RESIDENTIAL	$339,000	156 ft
3305 42ND AVE S MINNEAPOLIS MN 55406	CATHERINE M BRUENING	RESIDENTIAL	$298,000	163 ft
3236 43RD AVE S MINNEAPOLIS MN 55406	S ROZAITIS & A WEMPNER	RESIDENTIAL	$428,100	178 ft
3300 43RD AVE S MINNEAPOLIS MN 55406	R CRABB & B A CRABB	RESIDENTIAL	$421,600	185 ft
3229 42ND AVE S MINNEAPOLIS MN 55406	TJIA A RICHMOND	RESIDENTIAL	$417,000	197 ft

Property History

Most Recent Sale

Date200309

Price$99,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$3,248