3422 44TH AVE S MINNEAPOLIS MN 55406

PID: 0602823410007

Property Overview

Parcel ID0602823410007

Lot Size5,141 sq ft (0.118 ac)

Lot Dimensions (est.)128 ft wide × 40 ft deep

Year Built1916

Property ClassRESIDENTIAL

OwnerHERITAGE TRUST

Assessed Value$270,400

Land Value$142,000

Building Value$128,400

Annual Tax$4,475

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

6 permits on record since 2017 · $1K total declared value · Most recent: Oct 2023 (res)

ResOct 2023Closed

CenterPoint Energy Resource Corp

ExistresOct 2019Closed

Dean's Professional Plumbing Inc

ExistresMay 2018Closed

Standard Heating and Air Conditioning Inc

RemodelNov 2017Closed

$1K

BMH INC

ResOct 2017Closed

Commercial Plumbing and Heating Inc

Source: Minneapolis open data. Declared construction values are applicant-reported and may not reflect actual project cost.

Neighborhood Profile

Howe · Minneapolis

Median reported rent984/mo

Renter-occupied4.6%

Median home value$373K

Vacancy rate0.0%

ACS rents reflect current tenant leases and may differ from new market rents.

Source: 2022 ACS 5-Year Estimates · Census Tract 1090

Market Snapshot

Zip code 55406

Median sale price$386K+4.2% YoY

Median price / sqft$263/sqft

Median days to close13 days

Active listings43

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 width30 ft

Buildable depth89 ft

Area~2,655 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 2,655 sqft buildable area.

Est. units

Yield on cost

3.4%

Spread

-2.1%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
3418 44TH AVE S MINNEAPOLIS MN 55406	J SWOGGER & K SWOGGER	RESIDENTIAL-TWO UNIT	$376,000	40 ft
3426 44TH AVE S MINNEAPOLIS MN 55406	H M BEACH & E A NORTH	RESIDENTIAL	$331,500	40 ft
3414 44TH AVE S MINNEAPOLIS MN 55406	JACLYN A SAMUELL	RESIDENTIAL	$310,900	80 ft
3432 44TH AVE S MINNEAPOLIS MN 55406	CATHERINE GRANT	RESIDENTIAL	$353,900	80 ft
3410 44TH AVE S MINNEAPOLIS MN 55406	GAIL L THOMPSON	RESIDENTIAL	$233,700	120 ft
3436 44TH AVE S MINNEAPOLIS MN 55406	JONATHAN HOMANS	RESIDENTIAL	$320,300	120 ft
3425 43RD AVE S MINNEAPOLIS MN 55406	B D GRINDY & K M MIKKELSON	RESIDENTIAL	$418,800	142 ft
3419 43RD AVE S MINNEAPOLIS MN 55406	ROBIN J NILSSON	RESIDENTIAL	$318,300	147 ft
3427 43RD AVE S MINNEAPOLIS MN 55406	LILLIAN S ZUMBERGE	RESIDENTIAL	$316,800	148 ft
3406 44TH AVE S MINNEAPOLIS MN 55406	E OLIVAREZ JR & J K OLIVAREZ	RESIDENTIAL	$369,700	160 ft

Property History

Most Recent Sale

Date201311

Price$127,500

TypeOTHER – SEE CERTIFICATE OF REAL ESTATE VALUE (CRV)

Current Tax Year

Year2026

Tax Due$4,475