3904 43RD AVE S MINNEAPOLIS MN 55406

PID: 0702823110123

Property Overview

Parcel ID0702823110123

Lot Size5,077 sq ft (0.117 ac)

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

Year Built1926

Property ClassRESIDENTIAL

OwnerEZ GRANITE LLC

Assessed Value$326,000

Land Value$141,000

Building Value$185,000

Annual Tax$4,805

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

2 permits on record since 2021 · Most recent: Jul 2021 (res)

ResJul 2021Closed

Hero Home Services LLC

ExistresJul 2021Closed

Hero Home Services 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~2,347 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 2,347 sqft buildable area.

Est. units

Yield on cost

1.4%

Spread

-4.1%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
3900 43RD AVE S MINNEAPOLIS MN 55406	H BENSON & T J SASSAMAN	RESIDENTIAL	$300,600	36 ft
3908 43RD AVE S MINNEAPOLIS MN 55406	A P MAXWELL & K L SEMMER	RESIDENTIAL	$314,900	40 ft
3912 43RD AVE S MINNEAPOLIS MN 55406	E M KINDELSPIRE & J B FEELY	RESIDENTIAL	$280,800	80 ft
3916 43RD AVE S MINNEAPOLIS MN 55406	M LAUDON & S LAUDON	RESIDENTIAL	$344,500	120 ft
3856 43RD AVE S MINNEAPOLIS MN 55406	THOMAS SCHMIDT/MOLLY GAECKLE	RESIDENTIAL	$373,000	132 ft
3905 42ND AVE S MINNEAPOLIS MN 55406	JORDAN R DECKENBACH	RESIDENTIAL	$368,300	141 ft
3909 42ND AVE S MINNEAPOLIS MN 55406	IVER ROBERT BREVASON	RESIDENTIAL	$218,500	147 ft
3920 43RD AVE S MINNEAPOLIS MN 55406	GREGORY WENDERSKI	RESIDENTIAL	$347,500	160 ft
3913 42ND AVE S MINNEAPOLIS MN 55406	SVATAVA MERKLE/FLORIN MERKLE	RESIDENTIAL	$416,100	163 ft
3852 43RD AVE S MINNEAPOLIS MN 55406	TODD H ROCKWOOD	RESIDENTIAL	$379,700	172 ft

Property History

Most Recent Sale

Date202512

Price$205,000

TypeEXCLUDED FROM RATIO STUDIES

Current Tax Year

Year2026

Tax Due$4,805