3601 44TH AVE S MINNEAPOLIS MN 55406

PID: 0602823440180

Property Overview

Parcel ID0602823440180

Lot Size5,380 sq ft (0.124 ac)

Lot Dimensions (est.)128 ft wide × 42 ft deep

Year Built1927

Property ClassRESIDENTIAL

OwnerPETER JAMES ASCHENBRENER

Assessed Value$380,200

Land Value$231,000

Building Value$149,200

Annual Tax$5,713

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

2 permits on record since 2024 · $4K total declared value · Most recent: May 2024 (misc)

MiscMay 2024Closed

$4K

Minnesota Restoration Contractors INC

ResFeb 2024Closed

CenterPoint Energy Resource Corp

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 depth2 ft

Area~2,554 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 2,554 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
3605 44TH AVE S MINNEAPOLIS MN 55406	SUSAN E FINSETH	RESIDENTIAL	$396,100	42 ft
3609 44TH AVE S MINNEAPOLIS MN 55406	HEATHER KIM	RESIDENTIAL	$372,800	84 ft
3555 44TH AVE S MINNEAPOLIS MN 55406	W HOLDEN & L REID	RESIDENTIAL	$487,200	108 ft
3615 44TH AVE S MINNEAPOLIS MN 55406	BARBARA R MIKKELSON	RESIDENTIAL	$346,700	126 ft
3600 45TH AVE S MINNEAPOLIS MN 55406	TIMOTHY S DALBEC TRUSTEE	RESIDENTIAL	$423,400	142 ft
3604 45TH AVE S MINNEAPOLIS MN 55406	M J LAMB & J M LINMAN	RESIDENTIAL	$464,500	147 ft
3549 44TH AVE S MINNEAPOLIS MN 55406	KMETZ REVOCABLE TRUST	RESIDENTIAL	$471,100	151 ft
3608 45TH AVE S MINNEAPOLIS MN 55406	CAROL L CAMPBELL	RESIDENTIAL	$392,700	164 ft
3617 44TH AVE S MINNEAPOLIS MN 55406	LUCAS F H JARAMILLO ET AL	RESIDENTIAL	$423,800	167 ft
3552 45TH AVE S MINNEAPOLIS MN 55406	D A BOARDMAN & M L BOARDMAN	RESIDENTIAL	$544,700	180 ft

Property History

Most Recent Sale

Date199802

Price$75,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$5,713