4122 42ND AVE S MINNEAPOLIS MN 55406

PID: 0702823130207

Property Overview

Parcel ID0702823130207

Lot Size5,060 sq ft (0.116 ac)

Lot Dimensions (est.)126 ft wide × 40 ft deep

Year Built1916

Property ClassRESIDENTIAL

OwnerL T DEBIASSE & R J BAUM

Assessed Value$502,300

Land Value$134,000

Building Value$368,300

Annual Tax$7,760

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

9 permits on record since 2017 · $187K total declared value · Most recent: Feb 2022 (remodel)

RemodelFeb 2022Closed

$7K

ALL ENERGY SOLAR INC

ExistresMar 2018Closed

Ray N Welter Heating Co

ResDec 2017Closed

Ray N Welter Heating Co

ExistresDec 2017Closed

Ray N Welter Heating Co

ResOct 2017Closed

Silver Tree Plumbing and Heating LLC

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

UN2Urban Neighborhood 2

Urban Neighborhood 2 — moderate-density residential

Typical Uses

·Duplexes
·Triplexes
·Small apartment buildings (≤4 units)

Max Height35 ft

Development Potential

Setbacks

Front20 ft

Side (each)5 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width30 ft

Buildable depth86 ft

Area~2,594 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 small multifamily (2–4 units, wood frame) benchmarks for 2,594 sqft buildable area.

Est. units

Yield on cost

3.5%

Spread

-2.0%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
4118 42ND AVE S MINNEAPOLIS MN 55406	CHERYL A CONDON	RESIDENTIAL	$277,200	40 ft
4126 42ND AVE S MINNEAPOLIS MN 55406	BONNIE LOHMAN & EMILY STURM	RESIDENTIAL	$300,000	50 ft
4114 42ND AVE S MINNEAPOLIS MN 55406	TESSA MARIE KOBLE BUSCHMANN	RESIDENTIAL	$302,600	80 ft
4134 42ND AVE S MINNEAPOLIS MN 55406	MONICA M HOFFMANN	RESIDENTIAL	$685,000	110 ft
4110 42ND AVE S MINNEAPOLIS MN 55406	KATHRYN A WYMAN-CHICK ET AL	RESIDENTIAL	$309,200	120 ft
4123 41ST AVE S MINNEAPOLIS MN 55406	COMMUNITY HOUSING RESOURCES	RESIDENTIAL	$0	141 ft
4119 41ST AVE S MINNEAPOLIS MN 55406	TIMOTHY S CALLAHAN	RESIDENTIAL	$227,600	146 ft
4127 41ST AVE S MINNEAPOLIS MN 55406	S WENTWORTH & J R JOHNSON	RESIDENTIAL	$314,300	147 ft
4108 42ND AVE S MINNEAPOLIS MN 55406	TAYLOR KRATOVILLE	RESIDENTIAL	$307,100	160 ft
4138 42ND AVE S MINNEAPOLIS MN 55406	ARELENE J NEUMANN	RESIDENTIAL	$226,400	160 ft

Property History

Most Recent Sale

Date201804

Price$469,393

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$7,760