4156 42ND AVE S MINNEAPOLIS MN 55406

PID: 0702823130214

Property Overview

Parcel ID0702823130214

Lot Size5,066 sq ft (0.116 ac)

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

Year Built1918

Property ClassRESIDENTIAL

OwnerINGRID MARTINE JANS ET AL

Assessed Value$304,400

Land Value$134,000

Building Value$170,400

Annual Tax$4,443

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

1 permit on record since 2022 · $3K total declared value · Most recent: Sep 2022 (misc)

MiscSep 2022Closed

$3K

KAUFMAN SHEET METAL ROOFING INC

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

Estimated · verify frontage

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 width113 ft

Buildable depth0 ft

Area~9 sqft

Lot dimensions are insufficient for the standard setbacks shown.

Corner-lot envelopes may require contextual setback review and should be treated as planning estimates.

Estimates based on typical zoning setbacks. Actual requirements may vary by lot, overlay, or conditional approval.

Development Feasibility

Potentially Feasible

Back-of-envelope estimate based on sfr / adu benchmarks for 9 sqft buildable area.

Est. units

Yield on cost

7.4%

Spread

+1.9%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
4150 42ND AVE S MINNEAPOLIS MN 55406	PATRICIA BURGER	RESIDENTIAL	$304,000	40 ft
4146 42ND AVE S MINNEAPOLIS MN 55406	ANGELA K THISSEN	RESIDENTIAL	$316,100	80 ft
4200 42ND AVE S MINNEAPOLIS MN 55406	KARRIE K HANSEN	COMMERCIAL-PREFERRED	$199,000	119 ft
4142 42ND AVE S MINNEAPOLIS MN 55406	FIONA REID & JUSTIN ERNST	RESIDENTIAL	$357,500	120 ft
4115 42ND ST E MINNEAPOLIS MN 55406	DONALD E SIVIGNY	RESIDENTIAL	$176,500	120 ft
4155 41ST AVE S MINNEAPOLIS MN 55406	HIAWATHA CHURCH OF MPLS	COMMERCIAL-PREFERRED	$0	142 ft
4204 42ND AVE S MINNEAPOLIS MN 55406	R RICHARDS & J W RICHARDS II	RESIDENTIAL	$299,200	151 ft
4138 42ND AVE S MINNEAPOLIS MN 55406	ARELENE J NEUMANN	RESIDENTIAL	$226,400	160 ft
4147 41ST AVE S MINNEAPOLIS MN 55406	PETER M DUGAN/NICOLE J DUGAN	RESIDENTIAL	$258,600	161 ft
4201 41ST AVE S MINNEAPOLIS MN 55406	KYLE DRAKE	RESIDENTIAL	$313,500	183 ft

Property History

Most Recent Sale

Date202103

Price$325,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$4,443