3816 43RD AVE S MINNEAPOLIS MN 55406

PID: 0702823110096

Property Overview

Parcel ID0702823110096

Lot Size5,078 sq ft (0.117 ac)

Lot Dimensions (est.)127 ft wide × 40 ft deep

Year Built1921

Property ClassRESIDENTIAL

OwnerHANNAH MIXDORF

Assessed Value$425,200

Land Value$141,000

Building Value$284,200

Annual Tax$6,466

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

6 permits on record since 2016 · $21K total declared value · Most recent: Aug 2023 (existres)

ExistresAug 2023Expired

Standard Heating and Air Conditioning Inc

MiscJun 2018Closed

$5K

NOKOMIS ROOFING CO

RemodelMar 2018Closed

$10K

UNGERMAN INC

RemodelJun 2017Closed

$6K

Heidi N Strohmaier

ResJun 2017Closed

Weld and Sons Plumbing Inc

Source: Minneapolis open data. Declared construction values are applicant-reported and may not reflect actual project cost.

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

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~2,607 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 2,607 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
3812 43RD AVE S MINNEAPOLIS MN 55406	J C MISSELT & J K A MISSELT	RESIDENTIAL	$362,700	40 ft
3820 43RD AVE S MINNEAPOLIS MN 55406	S L LEHMAN & M E THOMAS	RESIDENTIAL	$300,000	40 ft
3808 43RD AVE S MINNEAPOLIS MN 55406	LESLIE STANLEY	RESIDENTIAL	$315,800	80 ft
3824 43RD AVE S MINNEAPOLIS MN 55406	B E LARSON & C M POWERS	RESIDENTIAL	$416,000	80 ft
3804 43RD AVE S MINNEAPOLIS MN 55406	NICHOLAS ZURN/KAITLIN FLYNN	RESIDENTIAL	$392,600	120 ft
3828 43RD AVE S MINNEAPOLIS MN 55406	R W LEE & A J LEE	RESIDENTIAL	$305,100	120 ft
3821 42ND AVE S MINNEAPOLIS MN 55406	GOLDLAND PROPERTIES LLC	COMMERCIAL-PREFERRED	$391,000	147 ft
3800 43RD AVE S MINNEAPOLIS MN 55406	ALEXA HOWART & MARK GRUEN	RESIDENTIAL	$302,100	159 ft
3832 43RD AVE S MINNEAPOLIS MN 55406	BRANDON WOOD & TIANA WOOD	RESIDENTIAL	$394,600	160 ft
3809 42ND AVE S MINNEAPOLIS MN 55406	HIAWATHA PROP PARTNERS LLC	COMMERCIAL-PREFERRED	$1,980,000	161 ft

Property History

Most Recent Sale

Date202104

Price$467,500

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$6,466