3451 41ST AVE S MINNEAPOLIS MN 55406

PID: 0602823420014

Property Overview

Parcel ID0602823420014

Lot Size5,016 sq ft (0.115 ac)

Lot Dimensions (est.)134 ft wide × 38 ft deep

Year Built1924

Property ClassRESIDENTIAL

OwnerM KLEKOTKA & J MEEK

Assessed Value$346,800

Land Value$137,000

Building Value$209,800

Annual Tax$5,154

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

6 permits on record since 2017 · $26K total declared value · Most recent: Sep 2021 (existres)

ExistresSep 2021Closed

Standard Heating and Air Conditioning Inc

MiscMar 2021Closed

$8K

Safe Basements of MN

ResSep 2020Closed

Alexander Plumbing LLC

RemodelAug 2020Closed

$10K

QUALITY CUT CONSTRUCTION AND WOODWORKING

ResFeb 2020Closed

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 width121 ft

Buildable depth0 ft

Area~2,297 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 2,297 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
3447 41ST AVE S MINNEAPOLIS MN 55406	E T NAKAMOTO & C C NAKAMOTO	RESIDENTIAL	$339,500	39 ft
3443 41ST AVE S MINNEAPOLIS MN 55406	M E TOUGAS & P H TOUGAS TRE	RESIDENTIAL	$284,800	79 ft
3439 41ST AVE S MINNEAPOLIS MN 55406	GUSTAF JOHN LINDQUIST	RESIDENTIAL	$394,000	118 ft
3448 42ND AVE S MINNEAPOLIS MN 55406	BROWNSMITH PROPERTY MGMT LLC	COMMERCIAL-PREFERRED	$675,000	134 ft
3444 42ND AVE S MINNEAPOLIS MN 55406	R A STICKLER ET AL TRUST	RESIDENTIAL-TWO UNIT	$355,700	140 ft
3442 42ND AVE S MINNEAPOLIS MN 55406	DANIEL WESTERHAUS	RESIDENTIAL	$401,300	156 ft
3435 41ST AVE S MINNEAPOLIS MN 55406	CHRISTINE STORINO	RESIDENTIAL	$343,400	157 ft
3438 42ND AVE S MINNEAPOLIS MN 55406	POWER LIVING TRUST	RESIDENTIAL	$352,400	179 ft
3448 41ST AVE S MINNEAPOLIS MN 55406	AMY L DRIER & GARY D NELSON	RESIDENTIAL	$344,400	191 ft
3446 41ST AVE S MINNEAPOLIS MN 55406	B MOORMEIER & S KELLY	RESIDENTIAL	$718,600	194 ft

Property History

Most Recent Sale

Date201908

Price$317,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$5,154