3904 39TH AVE S MINNEAPOLIS MN 55406

PID: 0702823120118

Property Overview

Parcel ID0702823120118

Lot Size5,138 sq ft (0.118 ac)

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

Year Built1913

Property ClassRESIDENTIAL

OwnerALEX ROOB & E SCHAEFER ROOB

Assessed Value$323,700

Land Value$142,000

Building Value$181,700

Annual Tax$4,767

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

4 permits on record since 2019 · $24K total declared value · Most recent: Nov 2023 (misc)

MiscNov 2023Closed

$18K

INCLINE EXTERIORS

MiscOct 2023Closed

$6K

INCLINE EXTERIORS

ResJul 2023Closed

CenterPoint Energy Resource Corp

ExistresJul 2019Closed

Metro Heating & Cooling 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

7.0%

Spread

+1.5%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
3900 39TH AVE S MINNEAPOLIS MN 55406	AMY JO JOHNSON	RESIDENTIAL	$303,700	36 ft
3908 39TH AVE S MINNEAPOLIS MN 55406	S S BJERSTEDT/A B BJERSTEDT	RESIDENTIAL	$598,800	40 ft
3912 39TH AVE S MINNEAPOLIS MN 55406	AMY M LANDGREN	RESIDENTIAL	$364,100	80 ft
3809 39TH ST E MINNEAPOLIS MN 55406	JUDITH A PIERCE	RESIDENTIAL	$220,900	100 ft
3916 39TH AVE S MINNEAPOLIS MN 55406	ROBIN L GERMOLUS ET AL	RESIDENTIAL	$312,000	120 ft
3856 39TH AVE S MINNEAPOLIS MN 55406	LORI PRIEFER	RESIDENTIAL	$333,500	132 ft
3805 39TH ST E MINNEAPOLIS MN 55406	SCOTT ROHR	RESIDENTIAL	$175,300	143 ft
3909 38TH AVE S MINNEAPOLIS MN 55406	DIANNE K GUSTAFSON	RESIDENTIAL	$233,000	148 ft
3920 39TH AVE S MINNEAPOLIS MN 55406	JAMES E STERLING	RESIDENTIAL	$342,700	160 ft
3915 38TH AVE S MINNEAPOLIS MN 55406	JASMINE F MCGIFFERT	RESIDENTIAL	$244,100	164 ft

Property History

Most Recent Sale

Date201605

Price$220,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$4,767