4157 45TH AVE S MINNEAPOLIS MN 55406

PID: 0702823140223

Property Overview

Parcel ID0702823140223

Lot Size5,135 sq ft (0.118 ac)

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

Year Built1939

Property ClassRESIDENTIAL

OwnerTANYA S WATSON REVOC TR ETAL

Assessed Value$354,400

Land Value$134,000

Building Value$220,400

Annual Tax$5,280

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

9 permits on record since 2019 · $50K total declared value · Most recent: Jun 2024 (misc)

MiscJun 2024Closed

$4K

PELLA NORTHLAND

ResJul 2023Closed

CenterPoint Energy Resource Corp

RemodelNov 2021Closed

$2K

STANDARD WATER CONTROL SYSTEMS INC

ResOct 2021Closed

KB Mechanical Inc

ExistresSep 2021Closed

KB Mechanical Inc

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

Neighborhood Profile

Hiawatha · Minneapolis

Median reported rent1,554/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
4153 45TH AVE S MINNEAPOLIS MN 55406	MICHELE COOK	RESIDENTIAL	$379,700	40 ft
4149 45TH AVE S MINNEAPOLIS MN 55406	KYLE CLEMENTSON ET AL	RESIDENTIAL	$332,400	80 ft
4145 45TH AVE S MINNEAPOLIS MN 55406	S T MANTHIS/M FRANCO-MANTHIS	RESIDENTIAL	$306,700	120 ft
4201 45TH AVE S MINNEAPOLIS MN 55406	MATTHEW T BLUM/MOLLY R BLUM	RESIDENTIAL	$291,800	125 ft
4156 46TH AVE S MINNEAPOLIS MN 55406	MCCRACKEN LIVING TRUST	RESIDENTIAL-TWO UNIT	$345,600	140 ft
4152 46TH AVE S MINNEAPOLIS MN 55406	ALLAN D BLOCK	RESIDENTIAL-TWO UNIT	$401,100	146 ft
4141 45TH AVE S MINNEAPOLIS MN 55406	BRANDEE LEE MORGAN	RESIDENTIAL	$322,800	160 ft
4148 46TH AVE S MINNEAPOLIS MN 55406	JAMES KARLO MAGARGEE	RESIDENTIAL	$278,700	163 ft
4205 45TH AVE S MINNEAPOLIS MN 55406	LENORE ANGELA CAPKO	RESIDENTIAL	$240,300	174 ft
4144 46TH AVE S MINNEAPOLIS MN 55406	J A THORESEN & J B MCMAHON	RESIDENTIAL-TWO UNIT	$406,500	186 ft

Property History

Most Recent Sale

Date200708

Price$268,500

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$5,280