3434 42ND AVE S MINNEAPOLIS MN 55406

PID: 0602823420009

Property Overview

Parcel ID0602823420009

Lot Size5,362 sq ft (0.123 ac)

Lot Dimensions (est.)134 ft wide × 40 ft deep

Year Built1922

Property ClassRESIDENTIAL

OwnerASHLEIGH MILLER

Assessed Value$288,700

Land Value$138,000

Building Value$150,700

Annual Tax$4,180

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

5 permits on record since 2021 · $16K total declared value · Most recent: Feb 2024 (res)

ResFeb 2024Closed

CenterPoint Energy Resource Corp

MiscJan 2024Closed

$7K

MIDWEST ROOF & SOLAR AND SUPERIOR WINDOWS

MiscJan 2024Closed

$6K

MIDWEST ROOF & SOLAR AND SUPERIOR WINDOWS

ResJan 2023Closed

Appliance Connections INC

MiscOct 2021Closed

$3K

KAUFMAN SHEET METAL ROOFING 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

RM1Residence Goods and Services

Residential Mixed-Use 1 — low-density mixed residential

Typical Uses

·Apartments
·Townhomes
·Neighborhood-scale retail on ground floor

Max Height45 ft

Development Potential

Setbacks

Front20 ft

Side (each)5 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width30 ft

Buildable depth94 ft

Area~2,820 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 2,820 sqft buildable area.

Est. units

Yield on cost

3.8%

Spread

-1.7%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
3438 42ND AVE S MINNEAPOLIS MN 55406	POWER LIVING TRUST	RESIDENTIAL	$352,400	39 ft
3430 42ND AVE S MINNEAPOLIS MN 55406	LISA S ANDERSON	RESIDENTIAL	$321,200	40 ft
3442 42ND AVE S MINNEAPOLIS MN 55406	DANIEL WESTERHAUS	RESIDENTIAL	$401,300	77 ft
3428 42ND AVE S MINNEAPOLIS MN 55406	AMANDA L ERDMAN	RESIDENTIAL	$319,200	80 ft
3444 42ND AVE S MINNEAPOLIS MN 55406	R A STICKLER ET AL TRUST	RESIDENTIAL-TWO UNIT	$355,700	117 ft
3424 42ND AVE S MINNEAPOLIS MN 55406	MARIA N BOWKER	RESIDENTIAL	$269,800	120 ft
3435 41ST AVE S MINNEAPOLIS MN 55406	CHRISTINE STORINO	RESIDENTIAL	$343,400	134 ft
3439 41ST AVE S MINNEAPOLIS MN 55406	GUSTAF JOHN LINDQUIST	RESIDENTIAL	$394,000	139 ft
3431 41ST AVE S MINNEAPOLIS MN 55406	RITA M SPINLER	RESIDENTIAL	$252,600	139 ft
3443 41ST AVE S MINNEAPOLIS MN 55406	M E TOUGAS & P H TOUGAS TRE	RESIDENTIAL	$284,800	155 ft

Property History

Most Recent Sale

Date200612

Price$199,900

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$4,180