3455 43RD AVE S MINNEAPOLIS MN 55406

PID: 0602823410016

Property Overview

Parcel ID0602823410016

Lot Size5,140 sq ft (0.118 ac)

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

Year Built1924

Property ClassRESIDENTIAL

OwnerDOUGLAS B HANSON ET AL

Assessed Value$228,100

Land Value$142,000

Building Value$86,100

Annual Tax$3,166

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

4 permits on record since 2023 · $50K total declared value · Most recent: Oct 2025 (res)

ResOct 2025Closed

Bruce Nelson Plumbing and Heating Service Inc

ExistresOct 2025Closed

Binder Heating and Air Conditioning Inc

RemodelSep 2025Final Inspection

$50K

J AND D BUILDERS INC

ResOct 2023Closed

CenterPoint Energy Resource Corp

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$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 width115 ft

Buildable depth0 ft

Area~2,390 sqft

Lot dimensions are insufficient for the standard setbacks shown.

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 2,390 sqft buildable area.

Est. units

Yield on cost

3.7%

Spread

-1.8%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
3451 43RD AVE S MINNEAPOLIS MN 55406	MONICA DAVID & ERIKA LEWIS	RESIDENTIAL	$367,500	40 ft
3447 43RD AVE S MINNEAPOLIS MN 55406	DAVID M/PATRICIA L BRAUNGER	RESIDENTIAL	$467,700	80 ft
3501 43RD AVE S MINNEAPOLIS MN 55406	KATHLEEN J NELSON RES TRUST	RESIDENTIAL	$331,800	100 ft
3443 43RD AVE S MINNEAPOLIS MN 55406	ANNE TRUE AND LAURIE TOLL	RESIDENTIAL	$365,600	120 ft
3505 43RD AVE S MINNEAPOLIS MN 55406	HALEIGH ZIEBOL/NATHAN KLISH	RESIDENTIAL	$405,400	140 ft
3454 44TH AVE S MINNEAPOLIS MN 55406	G W & C M SOLO	RESIDENTIAL	$241,000	142 ft
3450 44TH AVE S MINNEAPOLIS MN 55406	R M CAHOON & N HILL	RESIDENTIAL	$336,900	148 ft
3439 43RD AVE S MINNEAPOLIS MN 55406	JEFFREY T MCMOORE	RESIDENTIAL	$259,300	160 ft
3446 44TH AVE S MINNEAPOLIS MN 55406	J H SHARKEN SIMON LIV TR	RESIDENTIAL	$420,200	164 ft
3500 44TH AVE S MINNEAPOLIS MN 55406	LAURA PAIGE WHATLEY	RESIDENTIAL	$749,300	173 ft

Property History

Current Tax Year

Year2026

Tax Due$3,166