3901 39TH AVE S MINNEAPOLIS MN 55406

PID: 0702823120175

Property Overview

Parcel ID0702823120175

Lot Size4,106 sq ft (0.094 ac)

Lot Dimensions (est.)128 ft wide × 32 ft deep

Year Built1903

Property ClassRESIDENTIAL

OwnerGARY LEE FRANCIS HOWARD JR

Assessed Value$225,300

Land Value$125,000

Building Value$100,300

Annual Tax$3,118

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

1 permit on record since 2023 · Most recent: Jul 2023 (res)

ResJul 2023Closed

CenterPoint Energy Resource Corp

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

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~478 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

Likely Infeasible

Back-of-envelope estimate based on sfr / adu benchmarks for 478 sqft buildable area.

Est. units

Yield on cost

4.2%

Spread

-1.3%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
3905 39TH AVE S MINNEAPOLIS MN 55406	D GALLAGHER/J GALLAGHER ETAL	RESIDENTIAL	$325,000	36 ft
3909 39TH AVE S MINNEAPOLIS MN 55406	PENELOPE A SMITH	RESIDENTIAL	$321,300	76 ft
3857 39TH AVE S MINNEAPOLIS MN 55406	JAMES R DUNCAN IV	RESIDENTIAL	$302,400	96 ft
3915 39TH AVE S MINNEAPOLIS MN 55406	JOSEPH LEE	RESIDENTIAL	$301,700	116 ft
3853 39TH AVE S MINNEAPOLIS MN 55406	JAMES R GALLAGHER	RESIDENTIAL	$336,500	136 ft
3900 40TH AVE S MINNEAPOLIS MN 55406	GRACE RAASCH/ATTICUS RAASCH	RESIDENTIAL	$328,700	142 ft
3904 40TH AVE S MINNEAPOLIS MN 55406	JOEL CAREY	RESIDENTIAL	$308,800	146 ft
3917 39TH AVE S MINNEAPOLIS MN 55406	M SOUTHERLAND & SIMBA BLOOD	RESIDENTIAL	$305,700	156 ft
3908 40TH AVE S MINNEAPOLIS MN 55406	B SCHRAG & J SKJEGSTAD	RESIDENTIAL	$398,700	160 ft
3856 40TH AVE S MINNEAPOLIS MN 55406	MATTHEW WIIG & BETH WIIG	RESIDENTIAL	$335,100	172 ft

Property History

Most Recent Sale

Date201712

Price$90,000

TypeCONTRACT FOR DEED

Current Tax Year

Year2026

Tax Due$3,118