4000 39TH AVE S MINNEAPOLIS MN 55406

PID: 0702823130089

Property Overview

Parcel ID0702823130089

Lot Size4,626 sq ft (0.106 ac)

Lot Dimensions (est.)128 ft wide × 36 ft deep

Year Built1950

Property ClassRESIDENTIAL

OwnerS E ABRAHAM & N B ABRAHAM

Assessed Value$316,700

Land Value$134,000

Building Value$182,700

Annual Tax$4,650

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

2 permits on record since 2023 · Most recent: Aug 2023 (res)

ResAug 2023Closed

CenterPoint Energy Resource Corp

ResFeb 2023Closed

FIRESIDE HEARTH AND HOME

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~2,036 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 2,036 sqft buildable area.

Est. units

Yield on cost

1.6%

Spread

-3.9%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
4004 39TH AVE S MINNEAPOLIS MN 55406	J A LACASSE & M L LACASSE	RESIDENTIAL	$293,100	36 ft
4008 39TH AVE S MINNEAPOLIS MN 55406	WILLIAM F QUAINTANCE JR	RESIDENTIAL	$172,800	74 ft
4010 39TH AVE S MINNEAPOLIS MN 55406	COLLETTE M THOMAS	RESIDENTIAL	$249,300	114 ft
3956 39TH AVE S MINNEAPOLIS MN 55406	LINDA J LILLARD	RESIDENTIAL	$296,400	118 ft
4001 38TH AVE S MINNEAPOLIS MN 55406	TOUCHSTONE MENTAL HEALTH	COMMERCIAL-PREFERRED	$0	143 ft
4014 39TH AVE S MINNEAPOLIS MN 55406	DAVID W HORN	RESIDENTIAL	$275,800	154 ft
3952 39TH AVE S MINNEAPOLIS MN 55406	DAVID GINDRA/MARCUS PETERSON	RESIDENTIAL	$380,200	158 ft
4007 38TH AVE S MINNEAPOLIS MN 55406	S L SCHUE & C L DORHOLT	RESIDENTIAL	$315,100	161 ft
4011 38TH AVE S MINNEAPOLIS MN 55406	MATTHEW RYAN/KRYSTYNA PEASE	RESIDENTIAL	$450,400	183 ft
3800 40TH ST E MINNEAPOLIS MN 55406	LISA BUCHSBAUM	RESIDENTIAL-TWO UNIT	$474,000	184 ft

Property History

Most Recent Sale

Date201809

Price$259,900

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$4,650