3516 39TH AVE S MINNEAPOLIS MN 55406

PID: 0602823420139

Property Overview

Parcel ID0602823420139

Lot Size5,089 sq ft (0.117 ac)

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

Year Built1924

Property ClassRESIDENTIAL

OwnerBETH C WIGGINS

Assessed Value$343,600

Land Value$142,000

Building Value$201,600

Annual Tax$5,100

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

6 permits on record since 2019 · $10K total declared value · Most recent: Oct 2023 (misc)

MiscOct 2023Closed

$10K

Close To Home Construction LLC

ExistresApr 2023Expired

Hero Home Services LLC

ResAug 2020Closed

WOODLAND STOVES & FIREPLACES

ResJun 2020Closed

Warners Stellian Co Inc

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 rent1,217/mo

Renter-occupied9.9%

Median home value$292K

Vacancy rate0.0%

ACS rents reflect current tenant leases and may differ from new market rents.

Source: 2022 ACS 5-Year Estimates · Census Tract 1089

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 width30 ft

Buildable depth87 ft

Area~2,619 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 2,619 sqft buildable area.

Est. units

Yield on cost

3.4%

Spread

-2.1%

Loading map…

Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
3520 39TH AVE S MINNEAPOLIS MN 55406	DAAQAA INTERNATIONAL LLC	RESIDENTIAL	$337,500	40 ft
3512 39TH AVE S MINNEAPOLIS MN 55406	I A CHAUDHRY & L A CHAUDHRY	RESIDENTIAL	$316,200	40 ft
3510 39TH AVE S MINNEAPOLIS MN 55406	ELIZABETH BEERMAN	RESIDENTIAL	$333,500	79 ft
3524 39TH AVE S MINNEAPOLIS MN 55406	BRADLEY E UTECHT	RESIDENTIAL	$366,000	80 ft
3528 39TH AVE S MINNEAPOLIS MN 55406	A DYKSTRA & B DYKSTRA	RESIDENTIAL	$298,400	119 ft
3508 39TH AVE S MINNEAPOLIS MN 55406	ICON PROPERTIES LLC	RESIDENTIAL	$202,900	119 ft
3519 38TH AVE S MINNEAPOLIS MN 55406	SUSAN E SCHUETT	RESIDENTIAL	$341,100	142 ft
3515 38TH AVE S MINNEAPOLIS MN 55406	M R JIRSCHELE/N L MORISON TR	RESIDENTIAL	$336,500	147 ft
3521 38TH AVE S MINNEAPOLIS MN 55406	IAN MILLER & ANDREA MILLER	RESIDENTIAL	$325,700	148 ft
3504 39TH AVE S MINNEAPOLIS MN 55406	MARGARET SAPP	RESIDENTIAL	$281,400	158 ft

Property History

Most Recent Sale

Date199403

Price$68,500

TypeOTHER – SEE CERTIFICATE OF REAL ESTATE VALUE (CRV)

Current Tax Year

Year2026

Tax Due$5,100