3741 45TH AVE S MINNEAPOLIS MN 55406

PID: 0602823440091

Property Overview

Parcel ID0602823440091

Lot Size5,068 sq ft (0.116 ac)

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

Year Built1925

Property ClassRESIDENTIAL

OwnerMATTHEW ALLYN EPPELHEIMER

Assessed Value$319,100

Land Value$141,000

Building Value$178,100

Annual Tax$4,690

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Development Opportunities

Goods and Services CorridorHigh

On a Minneapolis 2040 Goods and Services Corridor — zoning supports commercial and light industrial uses.

Minneapolis Great Streets ↗

Potential programs

Great Streets Façade Improvement ProgramMedium

Matching grants for exterior improvements to commercial buildings on eligible corridors; contact CPED for current availability.

Minneapolis — Facade Improvement Matching Grant ↗

Environmental Response FundMedium

Grants and loans for contamination assessment and cleanup on eligible redevelopment sites; does not indicate known contamination.

Minneapolis — Brownfield Grants ↗

Signals are based on public datasets; program eligibility requires verification.

Permit History

5 permits on record since 2020 · $19K total declared value · Most recent: Dec 2025 (res)

ResDec 2025Closed

BONFES PLUMBING HEATING AND AIR SERVICE INC

ResNov 2025Closed

Warners Stellian Co Inc

RemodelJan 2025Closed

$4K

ALL ENERGY SOLAR INC

MiscDec 2024Closed

$15K

ALL ENERGY SOLAR INC

ExistresAug 2020Closed

Metro Heating & Cooling LLC

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
3745 45TH AVE S MINNEAPOLIS MN 55406	JANE P ZIMMERMAN	RESIDENTIAL	$332,900	39 ft
3737 45TH AVE S MINNEAPOLIS MN 55406	K A SMITH & M GILLEN	RESIDENTIAL	$330,300	39 ft
3749 45TH AVE S MINNEAPOLIS MN 55406	S L EMERY/A E ELVERUM JT TR	RESIDENTIAL	$417,200	79 ft
3733 45TH AVE S MINNEAPOLIS MN 55406	ALICE C ANDERSON/B H COCHRAN	RESIDENTIAL	$392,700	79 ft
3729 45TH AVE S MINNEAPOLIS MN 55406	BRIGID M LUSKEY	RESIDENTIAL	$278,500	119 ft
3740 46TH AVE S MINNEAPOLIS MN 55406	ANNA DAVIS	RESIDENTIAL	$311,300	142 ft
3744 46TH AVE S MINNEAPOLIS MN 55406	CONNIE J OVERHUE	RESIDENTIAL	$404,400	147 ft
3736 46TH AVE S MINNEAPOLIS MN 55406	C ABELE & R HAVEN	RESIDENTIAL	$416,500	148 ft
3725 45TH AVE S MINNEAPOLIS MN 55406	DALE H HOKANSON ETAL	RESIDENTIAL	$393,800	161 ft
3748 46TH AVE S MINNEAPOLIS MN 55406	CYNTHIA A BERLOVITZ	RESIDENTIAL	$344,100	162 ft

Property History

Most Recent Sale

Date202012

Price$305,500

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$4,690