4157 40TH AVE S MINNEAPOLIS MN 55406

PID: 0702823130188

Property Overview

Parcel ID0702823130188

Lot Size5,121 sq ft (0.118 ac)

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

Year Built1898

Property ClassRESIDENTIAL

OwnerL E DUSEK & W RADOMSKI

Assessed Value$401,700

Land Value$134,000

Building Value$267,700

Annual Tax$6,219

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

3 permits on record since 2012 · $77K total declared value · Most recent: Aug 2025 (existres)

ExistresAug 2025Closed

Standard Heating and Air Conditioning Inc

MiscSep 2023Closed

$17K

Norse Valhalla Construction LLC

Building Re-inspectionAug 2012

$60K

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~2,377 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 2,377 sqft buildable area.

Est. units

Yield on cost

1.4%

Spread

-4.1%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
4151 40TH AVE S MINNEAPOLIS MN 55406	H G GOODRICH & D K STARK	RESIDENTIAL	$389,100	40 ft
4149 40TH AVE S MINNEAPOLIS MN 55406	J JOHNSON & M PFUEHLER	RESIDENTIAL	$308,900	80 ft
4201 40TH AVE S MINNEAPOLIS MN 55406	CARLY H DENT	RESIDENTIAL	$292,700	116 ft
4143 40TH AVE S MINNEAPOLIS MN 55406	J ZARBANO & L ZARBANO	RESIDENTIAL	$632,600	120 ft
4018 42ND ST E MINNEAPOLIS MN 55406	NELSON FAMILY REV LIV TRUST	RESIDENTIAL	$354,000	142 ft
4150 41ST AVE S MINNEAPOLIS MN 55406	O J LARSON & J B LARSON	RESIDENTIAL	$640,000	148 ft
4205 40TH AVE S MINNEAPOLIS MN 55406	L DUSEK & L SCHWARTZ	RESIDENTIAL	$336,300	151 ft
4139 40TH AVE S MINNEAPOLIS MN 55406	LEE GUEKGUEZIAN	RESIDENTIAL	$335,700	160 ft
4146 41ST AVE S MINNEAPOLIS MN 55406	BRIAN AVRE	RESIDENTIAL	$309,300	164 ft
4200 41ST AVE S MINNEAPOLIS MN 55406	CORY BRANDON NESHEIM	RESIDENTIAL	$227,000	182 ft

Property History

Most Recent Sale

Date202012

Price$368,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$6,219