4055 39TH AVE S MINNEAPOLIS MN 55406

PID: 0702823130074

Property Overview

Parcel ID0702823130074

Lot Size5,125 sq ft (0.118 ac)

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

Year Built1904

Property ClassRESIDENTIAL

OwnerJEFFREY S KREGER

Assessed Value$294,400

Land Value$141,000

Building Value$153,400

Annual Tax$4,275

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

3 permits on record since 2023 · $11K total declared value · Most recent: Jun 2024 (existres)

ExistresJun 2024Closed

Blue Ox Heating and Air LLC

MiscOct 2023Closed

$11K

Precision Exteriors Restoration LLC

ResAug 2023Closed

CenterPoint Energy Resource Corp

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

Neighborhood Profile

Hiawatha · 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 width115 ft

Buildable depth0 ft

Area~2,379 sqft

Lot dimensions are insufficient for the standard setbacks shown.

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 2,379 sqft buildable area.

Est. units

Yield on cost

1.4%

Spread

-4.1%

Loading map…

Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
4051 39TH AVE S MINNEAPOLIS MN 55406	CUEVAS RENGSTORF TRUST	RESIDENTIAL	$324,400	40 ft
4047 39TH AVE S MINNEAPOLIS MN 55406	RIVER LEAF PROPERTIES LLC	RESIDENTIAL	$229,100	80 ft
4101 39TH AVE S MINNEAPOLIS MN 55406	DAVID THOMAS DOSSE	RESIDENTIAL	$268,000	100 ft
4043 39TH AVE S MINNEAPOLIS MN 55406	BARBARA MOOR	RESIDENTIAL	$252,000	120 ft
4056 40TH AVE S MINNEAPOLIS MN 55406	JUDY J STREITZ	RESIDENTIAL	$240,800	142 ft
4050 40TH AVE S MINNEAPOLIS MN 55406	HOPE PHILLIPS	RESIDENTIAL	$712,000	148 ft
4107 39TH AVE S MINNEAPOLIS MN 55406	D & R REDLIN	RESIDENTIAL	$445,800	156 ft
4039 39TH AVE S MINNEAPOLIS MN 55406	C WHIPPLE & L E B WHIPPLE	RESIDENTIAL	$342,400	160 ft
4046 40TH AVE S MINNEAPOLIS MN 55406	ROBERT L ENSZ	RESIDENTIAL	$278,100	164 ft
4100 40TH AVE S MINNEAPOLIS MN 55406	JENNIFER M ELLISON	RESIDENTIAL	$363,200	182 ft

Property History

Most Recent Sale

Date201307

Price$195,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$4,275