3809 44TH AVE S MINNEAPOLIS MN 55406

PID: 0702823110059

Property Overview

Parcel ID0702823110059

Lot Size5,139 sq ft (0.118 ac)

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

Year Built1925

Property ClassRESIDENTIAL

OwnerLUCIA I BENDER

Assessed Value$297,700

Land Value$142,000

Building Value$155,700

Annual Tax$3,905

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

No permits found in Minneapolis open data for this parcel.

Neighborhood Profile

Howe · Minneapolis

Median reported rent1,554/mo

Renter-occupied38.8%

Median home value$306K

Vacancy rate5.9%

ACS rents reflect current tenant leases and may differ from new market rents.

Source: 2022 ACS 5-Year Estimates · Census Tract 1105

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 depth88 ft

Area~2,653 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 2,653 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
3815 44TH AVE S MINNEAPOLIS MN 55406	RICHARD A GERMUNDSEN TRUST	RESIDENTIAL	$371,500	40 ft
3805 44TH AVE S MINNEAPOLIS MN 55406	J SLESINSKI & T VAN WYLEN	RESIDENTIAL	$347,000	40 ft
3801 44TH AVE S MINNEAPOLIS MN 55406	J & B ARMS JOINT REV TRUST	RESIDENTIAL	$651,700	79 ft
3817 44TH AVE S MINNEAPOLIS MN 55406	MITCHELL PECK & IVY NELSON	RESIDENTIAL	$301,900	80 ft
4415 38TH ST E MINNEAPOLIS MN 55406	GEM HOMES LLC	RESIDENTIAL	$282,800	115 ft
3821 44TH AVE S MINNEAPOLIS MN 55406	DENIS HENROT	RESIDENTIAL	$315,100	120 ft
3808 45TH AVE S MINNEAPOLIS MN 55406	MELISSA SWEET	RESIDENTIAL	$372,800	142 ft
3812 45TH AVE S MINNEAPOLIS MN 55406	C DONGRE & M HILL-DONGRE	RESIDENTIAL	$354,500	147 ft
3825 44TH AVE S MINNEAPOLIS MN 55406	JEANNE P SEGEBARTH	RESIDENTIAL	$321,400	161 ft
3816 45TH AVE S MINNEAPOLIS MN 55406	CRISTY S REETZ	RESIDENTIAL	$345,400	162 ft

Property History

Most Recent Sale

Date201111

Price$153,800

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$3,905