3817 39TH AVE S MINNEAPOLIS MN 55406

PID: 0702823120083

Property Overview

Parcel ID0702823120083

Lot Size5,135 sq ft (0.118 ac)

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

Year Built1914

Property ClassRESIDENTIAL

OwnerELAINE J ITO/KELLY D JOHNSON

Assessed Value$276,300

Land Value$141,000

Building Value$135,300

Annual Tax$3,973

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

5 permits on record since 2018 · $22K total declared value · Most recent: Sep 2025 (misc)

MiscSep 2025Closed

$6K

RENEWAL BY ANDERSEN CORP

MiscNov 2023Closed

$3K

RENEWAL BY ANDERSEN CORP

MiscOct 2023Closed

$13K

STERLING CONCEPTS LLC

ResJul 2023Closed

CenterPoint Energy Resource Corp

ExistresNov 2018Closed

Burn - O - Matic Mooney & Ridler

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

Neighborhood Profile

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

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 depth88 ft

Area~2,651 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 2,651 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
3821 39TH AVE S MINNEAPOLIS MN 55406	PAULA JEAN EGGEN	RESIDENTIAL	$290,700	40 ft
3813 39TH AVE S MINNEAPOLIS MN 55406	AUSTIN O NASH	RESIDENTIAL	$301,200	40 ft
3825 39TH AVE S MINNEAPOLIS MN 55406	L LATVIS & M BOT-MILLER	RESIDENTIAL	$315,500	80 ft
3809 39TH AVE S MINNEAPOLIS MN 55406	MADELINE PHELPS	RESIDENTIAL	$229,200	80 ft
3829 39TH AVE S MINNEAPOLIS MN 55406	M WILSON & A ANDREWS	RESIDENTIAL	$347,900	120 ft
3805 39TH AVE S MINNEAPOLIS MN 55406	A E FLINTOFT & P C SWANSON	RESIDENTIAL	$367,300	120 ft
3816 40TH AVE S MINNEAPOLIS MN 55406	I VOLLENWEIDER/I DODEVSKI	RESIDENTIAL	$370,600	142 ft
3820 40TH AVE S MINNEAPOLIS MN 55406	JACK LUCAS & EVA LUCAS	RESIDENTIAL	$319,100	147 ft
3812 40TH AVE S MINNEAPOLIS MN 55406	TRACY L & BRENDAN L PETERSON	RESIDENTIAL	$338,400	148 ft
3801 39TH AVE S MINNEAPOLIS MN 55406	G WILLARD & Y N WILLARD	RESIDENTIAL	$312,000	159 ft

Property History

Most Recent Sale

Date199910

Price$83,500

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$3,973