3857 39TH AVE S MINNEAPOLIS MN 55406

PID: 0702823120073

Property Overview

Parcel ID0702823120073

Lot Size5,133 sq ft (0.118 ac)

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

Year Built1922

Property ClassRESIDENTIAL

OwnerJAMES R DUNCAN IV

Assessed Value$302,400

Land Value$141,000

Building Value$161,400

Annual Tax$4,410

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

2 permits on record since 2018 · $2K total declared value · Most recent: Mar 2019 (remodel)

RemodelMar 2019Closed

$2K

AFFORDABLE EGRESS WINDOWS & BASEMENT WATERPROOFI

ResFeb 2018Closed

SCOTT THEILBAR O C INSTALLS LLC

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

Neighborhood Profile

Howe · Minneapolis

Median reported rent1,127/mo

Renter-occupied37.3%

Median home value$308K

Vacancy rate0.0%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 1104

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

Estimated · verify frontage

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 depth0 ft

Area~7 sqft

Lot dimensions are insufficient for the standard setbacks shown.

Corner-lot envelopes may require contextual setback review and should be treated as planning estimates.

Estimates based on typical zoning setbacks. Actual requirements may vary by lot, overlay, or conditional approval.

Development Feasibility

Potentially Feasible

Back-of-envelope estimate based on sfr / adu benchmarks for 7 sqft buildable area.

Est. units

Yield on cost

7.1%

Spread

+1.6%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
3853 39TH AVE S MINNEAPOLIS MN 55406	JAMES R GALLAGHER	RESIDENTIAL	$336,500	40 ft
3849 39TH AVE S MINNEAPOLIS MN 55406	S HEEGAARD & J MULVANEY	RESIDENTIAL	$365,100	80 ft
3901 39TH AVE S MINNEAPOLIS MN 55406	GARY LEE FRANCIS HOWARD JR	RESIDENTIAL	$225,300	96 ft
3845 39TH AVE S MINNEAPOLIS MN 55406	CRISTINA ANDOR	RESIDENTIAL	$264,100	120 ft
3905 39TH AVE S MINNEAPOLIS MN 55406	D GALLAGHER/J GALLAGHER ETAL	RESIDENTIAL	$325,000	132 ft
3856 40TH AVE S MINNEAPOLIS MN 55406	MATTHEW WIIG & BETH WIIG	RESIDENTIAL	$335,100	142 ft
3852 40TH AVE S MINNEAPOLIS MN 55406	S K BERLIN/K BERLIN ET AL	RESIDENTIAL	$223,000	148 ft
3841 39TH AVE S MINNEAPOLIS MN 55406	B KENDRICK-WALTON ET AL	RESIDENTIAL	$182,000	160 ft
3848 40TH AVE S MINNEAPOLIS MN 55406	C A SIKORSKI & G A ROEHSNER	RESIDENTIAL	$270,700	164 ft
3900 40TH AVE S MINNEAPOLIS MN 55406	GRACE RAASCH/ATTICUS RAASCH	RESIDENTIAL	$328,700	171 ft

Property History

Most Recent Sale

Date200508

Price$220,350

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$4,410