3745 45TH AVE S MINNEAPOLIS MN 55406

PID: 0602823440090

Property Overview

Parcel ID0602823440090

Lot Size5,067 sq ft (0.116 ac)

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

Year Built1937

Property ClassRESIDENTIAL

OwnerJANE P ZIMMERMAN

Assessed Value$332,900

Land Value$141,000

Building Value$191,900

Annual Tax$4,920

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

5 permits on record since 2019 · $11K total declared value · Most recent: Oct 2023 (res)

ResOct 2023Closed

CenterPoint Energy Resource Corp

MiscNov 2022Closed

$11K

KAUFMAN SHEET METAL ROOFING INC

ExistresOct 2022Closed

Ray N Welter Heating Co

ExistresDec 2019Closed

UPTOWN PLUMBING HEATING AND COOLING

ResDec 2019Closed

UPTOWN PLUMBING HEATING AND COOLING

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

UN3Urban Neighborhood 3

Urban Neighborhood 3 — medium-density residential

Typical Uses

·Apartment buildings
·Mixed-use with neighborhood retail

Max Height50 ft

Development Potential

Setbacks

Front20 ft

Side (each)5 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width30 ft

Buildable depth87 ft

Area~2,604 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 2,604 sqft buildable area.

Est. units

Yield on cost

3.4%

Spread

-2.1%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
3741 45TH AVE S MINNEAPOLIS MN 55406	MATTHEW ALLYN EPPELHEIMER	RESIDENTIAL	$319,100	39 ft
3749 45TH AVE S MINNEAPOLIS MN 55406	S L EMERY/A E ELVERUM JT TR	RESIDENTIAL	$417,200	40 ft
3737 45TH AVE S MINNEAPOLIS MN 55406	K A SMITH & M GILLEN	RESIDENTIAL	$330,300	79 ft
3733 45TH AVE S MINNEAPOLIS MN 55406	ALICE C ANDERSON/B H COCHRAN	RESIDENTIAL	$392,700	118 ft
3744 46TH AVE S MINNEAPOLIS MN 55406	CONNIE J OVERHUE	RESIDENTIAL	$404,400	142 ft
3801 45TH AVE S MINNEAPOLIS MN 55406	KARI NYMAN	RESIDENTIAL	$318,900	145 ft
3748 46TH AVE S MINNEAPOLIS MN 55406	CYNTHIA A BERLOVITZ	RESIDENTIAL	$344,100	147 ft
3740 46TH AVE S MINNEAPOLIS MN 55406	ANNA DAVIS	RESIDENTIAL	$311,300	148 ft
3729 45TH AVE S MINNEAPOLIS MN 55406	BRIGID M LUSKEY	RESIDENTIAL	$278,500	158 ft
3736 46TH AVE S MINNEAPOLIS MN 55406	C ABELE & R HAVEN	RESIDENTIAL	$416,500	163 ft

Property History

Most Recent Sale

Date199105

Price$87,000

TypeOTHER – SEE CERTIFICATE OF REAL ESTATE VALUE (CRV)

Current Tax Year

Year2026

Tax Due$4,920