3900 43RD AVE S MINNEAPOLIS MN 55406

PID: 0702823110122

Property Overview

Parcel ID0702823110122

Lot Size4,026 sq ft (0.092 ac)

Lot Dimensions (est.)127 ft wide × 32 ft deep

Year Built1928

Property ClassRESIDENTIAL

OwnerH BENSON & T J SASSAMAN

Assessed Value$300,600

Land Value$124,000

Building Value$176,600

Annual Tax$4,380

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

3 permits on record since 2023 · $10K total declared value · Most recent: Dec 2025 (misc)

MiscDec 2025Closed

$2K

NEITZELL CONSTRUCTION

ResDec 2025Closed

CHAMPION PLUMBING LLC

MiscAug 2023Closed

$8K

Paris Roofing LLC

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

UN1Urban Neighborhood 1

Urban Neighborhood 1 — low-density residential

Typical Uses

·Single-family homes
·Duplexes
·Accessory dwelling 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 width114 ft

Buildable depth0 ft

Area~1,628 sqft

Lot dimensions are insufficient for the standard setbacks shown.

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 sfr / adu benchmarks for 1,628 sqft buildable area.

Est. units

Yield on cost

2.0%

Spread

-3.5%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
3904 43RD AVE S MINNEAPOLIS MN 55406	EZ GRANITE LLC	RESIDENTIAL	$326,000	36 ft
3908 43RD AVE S MINNEAPOLIS MN 55406	A P MAXWELL & K L SEMMER	RESIDENTIAL	$314,900	76 ft
3856 43RD AVE S MINNEAPOLIS MN 55406	THOMAS SCHMIDT/MOLLY GAECKLE	RESIDENTIAL	$373,000	96 ft
3912 43RD AVE S MINNEAPOLIS MN 55406	E M KINDELSPIRE & J B FEELY	RESIDENTIAL	$280,800	116 ft
3852 43RD AVE S MINNEAPOLIS MN 55406	TODD H ROCKWOOD	RESIDENTIAL	$379,700	136 ft
3905 42ND AVE S MINNEAPOLIS MN 55406	JORDAN R DECKENBACH	RESIDENTIAL	$368,300	142 ft
3916 43RD AVE S MINNEAPOLIS MN 55406	M LAUDON & S LAUDON	RESIDENTIAL	$344,500	156 ft
3909 42ND AVE S MINNEAPOLIS MN 55406	IVER ROBERT BREVASON	RESIDENTIAL	$218,500	161 ft
3857 42ND AVE S MINNEAPOLIS MN 55406	C T O'NEIL & T G O'NEIL	RESIDENTIAL	$340,400	169 ft
3848 43RD AVE S MINNEAPOLIS MN 55406	LYNNEL M KUNDE	RESIDENTIAL	$284,500	176 ft

Property History

Most Recent Sale

Date200910

Price$150,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$4,380