3529 45TH AVE S MINNEAPOLIS MN 55406

PID: 0602823410105

Property Overview

Parcel ID0602823410105

Lot Size5,454 sq ft (0.125 ac)

Lot Dimensions (est.)128 ft wide × 43 ft deep

Year Built1927

Property ClassRESIDENTIAL

OwnerCHERYL ANN MACDONALD

Assessed Value$424,700

Land Value$232,000

Building Value$192,700

Annual Tax$6,779

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

4 permits on record since 2023 · $7K total declared value · Most recent: Oct 2024 (res)

ResOct 2024Closed

Warners Stellian Co Inc

ExistresAug 2024Closed

Standard Heating and Air Conditioning Inc

MiscMay 2024Closed

$7K

CLEAR CHOICE RESTORATION

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

Setbacks

Front20 ft

Side (each)5 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width32 ft

Buildable depth90 ft

Area~2,870 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 2,870 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
3525 45TH AVE S MINNEAPOLIS MN 55406	A F POOLE & D Y POOLE	RESIDENTIAL	$403,200	42 ft
3533 45TH AVE S MINNEAPOLIS MN 55406	PATRICIA K CUMMINGS LIV TR	RESIDENTIAL	$365,400	43 ft
3537 45TH AVE S MINNEAPOLIS MN 55406	T G PRIEST & J L COLBY	RESIDENTIAL	$527,300	85 ft
3521 45TH AVE S MINNEAPOLIS MN 55406	LOUBELLE M DAVENPORT	RESIDENTIAL	$418,300	85 ft
3541 45TH AVE S MINNEAPOLIS MN 55406	PAULA HENRY & GREGORY RUUD	RESIDENTIAL	$450,000	127 ft
3517 45TH AVE S MINNEAPOLIS MN 55406	ASHLYN PARDEE/CAROLYN PARDEE	RESIDENTIAL	$408,900	127 ft
3528 46TH AVE S MINNEAPOLIS MN 55406	KELLY A NANASY TRUST	RESIDENTIAL	$478,000	142 ft
3532 46TH AVE S MINNEAPOLIS MN 55406	PREESE LIVING TRUST	RESIDENTIAL	$479,500	148 ft
3524 46TH AVE S MINNEAPOLIS MN 55406	SAMANTHA BRANT & AMY NESS	RESIDENTIAL	$480,700	149 ft
3536 46TH AVE S MINNEAPOLIS MN 55406	KRISTIN LOUISE BOEHM	RESIDENTIAL	$473,100	164 ft

Property History

Most Recent Sale

Date199606

Price$85,500

TypeOTHER – SEE CERTIFICATE OF REAL ESTATE VALUE (CRV)

Current Tax Year

Year2026

Tax Due$6,779