3748 46TH AVE S MINNEAPOLIS MN 55406

PID: 0602823440088

Property Overview

Parcel ID0602823440088

Lot Size5,058 sq ft (0.116 ac)

Lot Dimensions (est.)128 ft wide × 39 ft deep

Year Built1940

Property ClassRESIDENTIAL

OwnerCYNTHIA A BERLOVITZ

Assessed Value$344,100

Land Value$134,000

Building Value$210,100

Annual Tax$5,108

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

4 permits on record since 2023 · $5K total declared value · Most recent: Mar 2024 (res)

ResMar 2024Closed

Farr Plumbing and Heating LLC

ResOct 2023Closed

CenterPoint Energy Resource Corp

RemodelApr 2023Closed

$5K

CYNTHIA BERLOVITZ

ResJan 2023Closed

Norblom Plumbing Co

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

Front Street

On corner lots, the selected street determines which setbacks apply to each side.

Setbacks

Front20 ft

Interior side5 ft

Street side (est.)10 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width113 ft

Buildable depth0 ft

Area~2,157 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 2,157 sqft buildable area.

Est. units

Yield on cost

3.3%

Spread

-2.2%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
3744 46TH AVE S MINNEAPOLIS MN 55406	CONNIE J OVERHUE	RESIDENTIAL	$404,400	39 ft
3740 46TH AVE S MINNEAPOLIS MN 55406	ANNA DAVIS	RESIDENTIAL	$311,300	79 ft
3800 46TH AVE S MINNEAPOLIS MN 55406	M BUSTAMANTE & J BUSTAMANTE	RESIDENTIAL	$635,300	105 ft
3736 46TH AVE S MINNEAPOLIS MN 55406	C ABELE & R HAVEN	RESIDENTIAL	$416,500	118 ft
3749 45TH AVE S MINNEAPOLIS MN 55406	S L EMERY/A E ELVERUM JT TR	RESIDENTIAL	$417,200	142 ft
3804 46TH AVE S MINNEAPOLIS MN 55406	ARDUS D MORGAN	RESIDENTIAL	$273,300	144 ft
3745 45TH AVE S MINNEAPOLIS MN 55406	JANE P ZIMMERMAN	RESIDENTIAL	$332,900	147 ft
3732 46TH AVE S MINNEAPOLIS MN 55406	C & K DAILEY	RESIDENTIAL	$308,700	158 ft
3741 45TH AVE S MINNEAPOLIS MN 55406	MATTHEW ALLYN EPPELHEIMER	RESIDENTIAL	$319,100	162 ft
3801 45TH AVE S MINNEAPOLIS MN 55406	KARI NYMAN	RESIDENTIAL	$318,900	178 ft

Property History

Most Recent Sale

Date199407

Price$72,000

TypeOTHER – SEE CERTIFICATE OF REAL ESTATE VALUE (CRV)

Current Tax Year

Year2026

Tax Due$5,108