3900 41ST AVE S MINNEAPOLIS MN 55406

PID: 0702823120177

Property Overview

Parcel ID0702823120177

Lot Size5,244 sq ft (0.120 ac)

Lot Dimensions (est.)73 ft wide × 72 ft deep

Year Built1951

Property ClassRESIDENTIAL

OwnerMCCRACKEN LIVING TRUST

Assessed Value$293,700

Land Value$143,000

Building Value$150,700

Annual Tax$4,547

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

7 permits on record since 2018 · $20K total declared value · Most recent: Jul 2023 (res)

ResJul 2023Closed

CenterPoint Energy Resource Corp

RemodelSep 2019Closed

$1K

John McCracken

MiscJul 2019Closed

$9K

MINNESOTAS 1ST CHOICE INC

MiscJul 2019Closed

$9K

MINNESOTAS 1ST CHOICE INC

MiscSep 2018Closed

$400

GREENE CONSTRUCTION INC

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

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 width60 ft

Buildable depth32 ft

Area~1,939 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 sfr / adu benchmarks for 1,939 sqft buildable area.

Est. units

Yield on cost

1.7%

Spread

-3.8%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
3908 41ST AVE S MINNEAPOLIS MN 55406	TAMARA STATZ TRUST	RESIDENTIAL	$434,600	63 ft
4015 39TH ST E MINNEAPOLIS MN 55406	B BELLOWS & I M SCOTT	RESIDENTIAL	$276,100	64 ft
3912 41ST AVE S MINNEAPOLIS MN 55406	D C KUHL & J P PENA	RESIDENTIAL	$435,200	100 ft
3856 41ST AVE S MINNEAPOLIS MN 55406	NATHAN BOLLIG/ANDREA KINNEY	RESIDENTIAL	$360,100	119 ft
3916 41ST AVE S MINNEAPOLIS MN 55406	S J MURPHY & B J JORGENSON	RESIDENTIAL	$452,900	139 ft
3852 41ST AVE S MINNEAPOLIS MN 55406	JONATHAN C BURKHARDT	RESIDENTIAL	$275,000	158 ft
3901 41ST AVE S MINNEAPOLIS MN 55406	ROBERT EIDE & MARIA L EIDE	RESIDENTIAL	$466,000	160 ft
3909 41ST AVE S MINNEAPOLIS MN 55406	J P WANGER & A A H SALISBURY	RESIDENTIAL	$377,600	169 ft
3901 40TH AVE S MINNEAPOLIS MN 55406	MARK A O'MELIA	RESIDENTIAL	$322,600	170 ft
3909 40TH AVE S MINNEAPOLIS MN 55406	MARK WUOLLET	RESIDENTIAL	$311,900	179 ft

Property History

Most Recent Sale

Date201808

Price$218,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$4,547