3633 43RD AVE S MINNEAPOLIS MN 55406

PID: 0602823440073

Property Overview

Parcel ID0602823440073

Lot Size5,372 sq ft (0.123 ac)

Lot Dimensions (est.)128 ft wide × 42 ft deep

Year Built1924

Property ClassRESIDENTIAL

OwnerN SMITH & S WOJNICKI

Assessed Value$311,000

Land Value$145,000

Building Value$166,000

Annual Tax$4,553

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

5 permits on record since 2017 · $15K total declared value · Most recent: Oct 2023 (res)

ResOct 2023Closed

CenterPoint Energy Resource Corp

ResJun 2020Closed

Warners Stellian Co Inc

ResFeb 2020Closed

Erik Nelson Plumbing LLC

AccessoryMay 2019Closed

$13K

ANDERSON PRO BUILDERS

AccessoryOct 2017Closed

$3K

BOOKERS CONSTRUCTION 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

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 depth88 ft

Area~2,814 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 2,814 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
3637 43RD AVE S MINNEAPOLIS MN 55406	M D LOUW & D R TINKLENBERG	RESIDENTIAL	$398,100	42 ft
3629 43RD AVE S MINNEAPOLIS MN 55406	E S LUNDE & J A CROSS	RESIDENTIAL	$304,100	42 ft
3641 43RD AVE S MINNEAPOLIS MN 55406	DYLAN CHEEVER	RESIDENTIAL	$305,500	84 ft
3625 43RD AVE S MINNEAPOLIS MN 55406	DAVID B ROWLAND	RESIDENTIAL	$285,800	84 ft
3621 43RD AVE S MINNEAPOLIS MN 55406	SETH MCDOWELL & LEAH FISTLER	RESIDENTIAL	$318,100	125 ft
3645 43RD AVE S MINNEAPOLIS MN 55406	R VICTORIN-VANGERUD ET AL	RESIDENTIAL	$256,300	126 ft
3632 44TH AVE S MINNEAPOLIS MN 55406	REBECCA HOPE BIRNEY	RESIDENTIAL	$373,600	142 ft
3636 44TH AVE S MINNEAPOLIS MN 55406	JACK B HASPER REV TRUST	RESIDENTIAL	$251,000	148 ft
3630 44TH AVE S MINNEAPOLIS MN 55406	HING-NIN MICHAEL CHAN	RESIDENTIAL	$335,400	149 ft
3640 44TH AVE S MINNEAPOLIS MN 55406	W S MCKELL & A L HELM	RESIDENTIAL	$413,500	164 ft

Property History

Most Recent Sale

Date201907

Price$290,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$4,553