3733 45TH AVE S MINNEAPOLIS MN 55406

PID: 0602823440093

Property Overview

Parcel ID0602823440093

Lot Size5,068 sq ft (0.116 ac)

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

Year Built1932

Property ClassRESIDENTIAL

OwnerALICE C ANDERSON/B H COCHRAN

Assessed Value$392,700

Land Value$141,000

Building Value$251,700

Annual Tax$5,922

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

5 permits on record since 2018 · $46K total declared value · Most recent: Jan 2024 (misc)

MiscJan 2024Closed

$15K

RENEWAL BY ANDERSEN CORP

ResOct 2023Closed

CenterPoint Energy Resource Corp

MiscJun 2022Closed

$14K

RENEWAL BY ANDERSEN CORP

MiscSep 2019Closed

$17K

RENEWAL BY ANDERSEN CORP

ResDec 2018Closed

Pronto Heating & Air Conditioning 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 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
3737 45TH AVE S MINNEAPOLIS MN 55406	K A SMITH & M GILLEN	RESIDENTIAL	$330,300	39 ft
3729 45TH AVE S MINNEAPOLIS MN 55406	BRIGID M LUSKEY	RESIDENTIAL	$278,500	40 ft
3741 45TH AVE S MINNEAPOLIS MN 55406	MATTHEW ALLYN EPPELHEIMER	RESIDENTIAL	$319,100	79 ft
3725 45TH AVE S MINNEAPOLIS MN 55406	DALE H HOKANSON ETAL	RESIDENTIAL	$393,800	82 ft
3745 45TH AVE S MINNEAPOLIS MN 55406	JANE P ZIMMERMAN	RESIDENTIAL	$332,900	118 ft
3717 45TH AVE S MINNEAPOLIS MN 55406	BJORNBERG HAUGEJORDE FAM TR	RESIDENTIAL	$421,600	128 ft
3732 46TH AVE S MINNEAPOLIS MN 55406	C & K DAILEY	RESIDENTIAL	$308,700	142 ft
3736 46TH AVE S MINNEAPOLIS MN 55406	C ABELE & R HAVEN	RESIDENTIAL	$416,500	147 ft
3728 46TH AVE S MINNEAPOLIS MN 55406	STEPHEN VINCENT	RESIDENTIAL	$360,500	148 ft
3749 45TH AVE S MINNEAPOLIS MN 55406	S L EMERY/A E ELVERUM JT TR	RESIDENTIAL	$417,200	158 ft

Property History

Most Recent Sale

Date201604

Price$372,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$5,922