3600 46TH AVE S MINNEAPOLIS MN 55406

PID: 0602823440120

Property Overview

Parcel ID0602823440120

Lot Size6,963 sq ft (0.160 ac)

Lot Dimensions (est.)128 ft wide × 54 ft deep

Year Built1928

Property ClassRESIDENTIAL

OwnerJEFFREY JOHNSON/MEGAN REINER

Assessed Value$506,700

Land Value$245,000

Building Value$261,700

Annual Tax$8,414

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

3 permits on record since 2017 · $4K total declared value · Most recent: Feb 2024 (res)

ResFeb 2024Closed

CenterPoint Energy Resource Corp

AdditionSep 2017Closed

$4K

George C Kissell

ResJan 2017Closed

Urban Pine Plumbing and Mechanical 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

Front Street

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

Setbacks

Front20 ft

Interior side5 ft

Street side (est.)8 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width115 ft

Buildable depth14 ft

Area~3,644 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 3,644 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
3604 46TH AVE S MINNEAPOLIS MN 55406	HANS C BAERTSCH	RESIDENTIAL	$565,300	53 ft
3608 46TH AVE S MINNEAPOLIS MN 55406	ROBIN R WHITEBIRD	RESIDENTIAL	$414,300	104 ft
3552 46TH AVE S MINNEAPOLIS MN 55406	E WOLNER & F M ZINK	RESIDENTIAL	$556,200	114 ft
3601 45TH AVE S MINNEAPOLIS MN 55406	CAROL A DIXON	RESIDENTIAL	$471,100	142 ft
3605 45TH AVE S MINNEAPOLIS MN 55406	SALLY L GORSKI TRUSTEE	RESIDENTIAL	$468,800	147 ft
3612 46TH AVE S MINNEAPOLIS MN 55406	SUE KEARNS TRUST	RESIDENTIAL	$562,900	155 ft
3548 46TH AVE S MINNEAPOLIS MN 55406	T P WAGONER & A J SWANSON	RESIDENTIAL	$460,200	157 ft
3609 45TH AVE S MINNEAPOLIS MN 55406	MATTHEW MILLS & J E STOMBERG	RESIDENTIAL	$520,500	163 ft
3601 46TH AVE S MINNEAPOLIS MN 55406	BRITTANY C MADER	RESIDENTIAL	$549,400	179 ft
3553 45TH AVE S MINNEAPOLIS MN 55406	R J NEWHOUSE & C J NEWHOUSE	RESIDENTIAL	$489,000	181 ft

Property History

Most Recent Sale

Date202108

Price$447,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$8,414