4000 43RD AVE S MINNEAPOLIS MN 55406

PID: 0702823140091

Property Overview

Parcel ID0702823140091

Lot Size4,025 sq ft (0.092 ac)

Lot Dimensions (est.)127 ft wide × 32 ft deep

Year Built1929

Property ClassRESIDENTIAL

OwnerDANIEL L ANDERSEN

Assessed Value$295,400

Land Value$124,000

Building Value$171,400

Annual Tax$4,292

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

3 permits on record since 2019 · $3K total declared value · Most recent: Oct 2023 (misc)

MiscOct 2023Closed

$1K

CREW2 INC

ResJul 2023Closed

CenterPoint Energy Resource Corp

MiscAug 2019Closed

$1K

THE HOME DEPOT

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 width114 ft

Buildable depth0 ft

Area~1,627 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 1,627 sqft buildable area.

Est. units

Yield on cost

2.0%

Spread

-3.5%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
4004 43RD AVE S MINNEAPOLIS MN 55406	N M JOHNSON & K L CLIFTON	RESIDENTIAL	$682,900	36 ft
4008 43RD AVE S MINNEAPOLIS MN 55406	L ROUILLARD & D KEPPEN	RESIDENTIAL	$299,600	76 ft
3956 43RD AVE S MINNEAPOLIS MN 55406	ALLYSON J PETERSON FRANCIS	RESIDENTIAL	$349,600	116 ft
4012 43RD AVE S MINNEAPOLIS MN 55406	R L & C J WOLD	RESIDENTIAL-TWO UNIT	$430,800	116 ft
4201 40TH ST E MINNEAPOLIS MN 55406	TRACY DIMOND	RESIDENTIAL	$242,800	140 ft
4005 42ND AVE S MINNEAPOLIS MN 55406	JAMES LEWIS	RESIDENTIAL	$296,100	145 ft
3952 43RD AVE S MINNEAPOLIS MN 55406	ANE C KLOMPS	RESIDENTIAL	$306,000	156 ft
4016 43RD AVE S MINNEAPOLIS MN 55406	PAUL CONSTENIUS	RESIDENTIAL	$176,600	156 ft
4009 42ND AVE S MINNEAPOLIS MN 55406	CHARLES V ESKEW ETAL SUBJ/LE	RESIDENTIAL	$375,000	160 ft
4015 42ND AVE S MINNEAPOLIS MN 55406	PETER PRESS	RESIDENTIAL	$241,000	183 ft

Property History

Most Recent Sale

Date199203

Price$57,900

TypeOTHER – SEE CERTIFICATE OF REAL ESTATE VALUE (CRV)

Current Tax Year

Year2026

Tax Due$4,292