3700 41ST AVE S MINNEAPOLIS MN 55406

PID: 0602823430072

Property Overview

Parcel ID0602823430072

Lot Size5,921 sq ft (0.136 ac)

Lot Dimensions (est.)129 ft wide × 46 ft deep

Year Built1915

Property ClassRESIDENTIAL

OwnerR I MORRIS/D L MORRIS ET AL

Assessed Value$358,600

Land Value$152,000

Building Value$206,600

Annual Tax$5,351

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

4 permits on record since 2020 · $30K total declared value · Most recent: Jul 2025 (existres)

ExistresJul 2025Closed

Vector Services LLC

MiscJun 2024Closed

$30K

NORTHFACE CONSTRUCTION LLC

ExistresDec 2020Closed

Standard Heating and Air Conditioning 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 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 width116 ft

Buildable depth6 ft

Area~2,928 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 2,928 sqft buildable area.

Est. units

Yield on cost

3.7%

Spread

-1.8%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
3704 41ST AVE S MINNEAPOLIS MN 55406	N K SIMHA & S KROELL	RESIDENTIAL	$343,500	43 ft
3708 41ST AVE S MINNEAPOLIS MN 55406	GREG GERALD CURRIER	RESIDENTIAL	$320,300	83 ft
3660 41ST AVE S MINNEAPOLIS MN 55406	SARAH LEMANCZYK	RESIDENTIAL	$312,400	109 ft
3710 41ST AVE S MINNEAPOLIS MN 55406	A J BERKTOLD & E TSUKAYAMA	RESIDENTIAL	$342,700	123 ft
3701 40TH AVE S MINNEAPOLIS MN 55406	NEL PILGRIM RUKAVINA	RESIDENTIAL	$386,800	141 ft
3656 41ST AVE S MINNEAPOLIS MN 55406	WILLIAM R SHORT	RESIDENTIAL	$305,700	151 ft
3705 40TH AVE S MINNEAPOLIS MN 55406	AMANDA N DAVIDSON	RESIDENTIAL	$376,000	152 ft
3714 41ST AVE S MINNEAPOLIS MN 55406	JAMES BISCHOFF	RESIDENTIAL	$390,500	163 ft
3661 40TH AVE S MINNEAPOLIS MN 55406	ALICIA MARIE HERMAN	RESIDENTIAL	$357,700	177 ft
3709 40TH AVE S MINNEAPOLIS MN 55406	DAVID J & REBECCA LOU SABIE	RESIDENTIAL	$311,500	177 ft

Property History

Most Recent Sale

Date202109

Price$353,500

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$5,351