4056 45TH AVE S MINNEAPOLIS MN 55406

PID: 0702823140045

Property Overview

Parcel ID0702823140045

Lot Size5,136 sq ft (0.118 ac)

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

Year Built1908

Property ClassRESIDENTIAL

OwnerM ROBBINS & R ROBBINS

Assessed Value$259,000

Land Value$141,000

Building Value$118,000

Annual Tax$3,684

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

2 permits on record since 2024 · $29K total declared value · Most recent: Oct 2024 (misc)

MiscOct 2024Closed

$13K

BUILT STRONG EXTERIORS LLC

MiscApr 2024Closed

$16K

BUILT STRONG EXTERIORS LLC

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

Neighborhood Profile

Hiawatha · Minneapolis

Median reported rent1,554/mo

Renter-occupied38.8%

Median home value$306K

Vacancy rate5.9%

ACS rents reflect current tenant leases and may differ from new market rents.

Source: 2022 ACS 5-Year Estimates · Census Tract 1105

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~2,386 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 2,386 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
4052 45TH AVE S MINNEAPOLIS MN 55406	G VEGLIA/C M VEGLIA-YOUNG	RESIDENTIAL	$369,000	40 ft
4048 45TH AVE S MINNEAPOLIS MN 55406	JENNIFER A SLACK	RESIDENTIAL	$301,500	80 ft
4100 45TH AVE S MINNEAPOLIS MN 55406	TIFFANY E ANDERSON LIVING TR	RESIDENTIAL	$401,700	96 ft
4044 45TH AVE S MINNEAPOLIS MN 55406	M A BRADLEY & S R GOENS	RESIDENTIAL	$361,400	120 ft
4104 45TH AVE S MINNEAPOLIS MN 55406	D E REED & S K LEUTHNER	RESIDENTIAL	$314,000	132 ft
4057 44TH AVE S MINNEAPOLIS MN 55406	LUKE HANLON/CALLY CAVINESS	RESIDENTIAL	$345,000	142 ft
4053 44TH AVE S MINNEAPOLIS MN 55406	N M ZIBOLSKI & J B CRITA	RESIDENTIAL	$334,900	147 ft
4040 45TH AVE S MINNEAPOLIS MN 55406	R & P MILLEA	RESIDENTIAL	$336,100	160 ft
4049 44TH AVE S MINNEAPOLIS MN 55406	WILLIAM J & JOLENE T TALEEN	RESIDENTIAL	$240,500	162 ft
4108 45TH AVE S MINNEAPOLIS MN 55406	FELICITY RAIN MEADE	RESIDENTIAL	$238,000	172 ft

Property History

Most Recent Sale

Date201904

Price$299,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$3,684