3420 46TH AVE S MINNEAPOLIS MN 55406

PID: 0602823410063

Property Overview

Parcel ID0602823410063

Lot Size6,167 sq ft (0.142 ac)

Lot Dimensions (est.)128 ft wide × 48 ft deep

Year Built1929

Property ClassRESIDENTIAL

OwnerJ J DOUGLASS & J P DOUGLASS

Assessed Value$650,200

Land Value$232,000

Building Value$418,200

Annual Tax$10,593

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

4 permits on record since 2018 · $9K total declared value · Most recent: Feb 2026 (res)

ResFeb 2026Closed

Pronto Heating & Air Conditioning Inc

ResFeb 2024Closed

CenterPoint Energy Resource Corp

MiscApr 2019Closed

$9K

LAKEWOODS REMODELING INC

ExistresNov 2018Closed

Pronto Heating & Air Conditioning 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$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 width38 ft

Buildable depth88 ft

Area~3,362 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 3,362 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
3414 46TH AVE S MINNEAPOLIS MN 55406	PAUL MCKEON & RHONDA MCKEON	RESIDENTIAL	$634,400	48 ft
3424 46TH AVE S MINNEAPOLIS MN 55406	J HARTFIELD & JACQUELYN RUEN	RESIDENTIAL	$597,600	48 ft
3410 46TH AVE S MINNEAPOLIS MN 55406	T J & C L BLOOM	RESIDENTIAL	$546,700	96 ft
3428 46TH AVE S MINNEAPOLIS MN 55406	JEROME CARLTON SAMUELSON TR	RESIDENTIAL	$525,300	96 ft
3406 46TH AVE S MINNEAPOLIS MN 55406	D A ERICHSEN & B JO ERICHSEN	RESIDENTIAL	$537,800	142 ft
3421 45TH AVE S MINNEAPOLIS MN 55406	R C ERICKSON TRUST ET AL	RESIDENTIAL	$529,300	143 ft
3432 46TH AVE S MINNEAPOLIS MN 55406	M BLACKBURN & S BLACKBURN	RESIDENTIAL	$526,200	144 ft
3417 45TH AVE S MINNEAPOLIS MN 55406	PERRY GRUEBER & JUDY GRUEBER	RESIDENTIAL	$508,600	144 ft
3425 45TH AVE S MINNEAPOLIS MN 55406	NORWEST BANK MN	RESIDENTIAL	$481,800	154 ft
3415 45TH AVE S MINNEAPOLIS MN 55406	CLAIRE B LEWIS	RESIDENTIAL	$479,200	157 ft

Property History

Most Recent Sale

Date201806

Price$696,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$10,593