4105 45TH AVE S MINNEAPOLIS MN 55406

PID: 0702823140236

Property Overview

Parcel ID0702823140236

Lot Size5,136 sq ft (0.118 ac)

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

Year Built2008

Property ClassRESIDENTIAL

OwnerMARK MATSON

Assessed Value$589,000

Land Value$141,000

Building Value$448,000

Annual Tax$9,431

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

4 permits on record since 2008 · $453K total declared value · Most recent: Oct 2019 (res)

ResOct 2019Closed

HomeWorks Services LLC

MiscNov 2018Closed

$22K

RENEWAL BY ANDERSEN CORP

AdditionJul 2018Closed

$4K

Mark Madson

BinbApr 2008

$427K

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~2,387 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 2,387 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
4101 45TH AVE S MINNEAPOLIS MN 55406	A E WORTHINGHAM & A J WALBY	RESIDENTIAL	$313,400	36 ft
4109 45TH AVE S MINNEAPOLIS MN 55406	D S WALLACE & B B GLEEKEL	RESIDENTIAL	$374,100	40 ft
4115 45TH AVE S MINNEAPOLIS MN 55406	P JAUERT & T JAUERT	RESIDENTIAL	$397,200	80 ft
4117 45TH AVE S MINNEAPOLIS MN 55406	MICHAEL W DRIPPS	RESIDENTIAL	$366,200	120 ft
4500 41ST ST E MINNEAPOLIS MN 55406	J M SKORICH & V L CODY	RESIDENTIAL	$303,100	132 ft
4100 46TH AVE S MINNEAPOLIS MN 55406	ELITE PROPERTY GROUP LLC	RESIDENTIAL	$405,200	143 ft
4108 46TH AVE S MINNEAPOLIS MN 55406	R D & S M DARAITIS	RESIDENTIAL	$304,900	144 ft
4121 45TH AVE S MINNEAPOLIS MN 55406	J D ZIEHWEIN & L G PARKER	RESIDENTIAL	$269,000	160 ft
4112 46TH AVE S MINNEAPOLIS MN 55406	JON E MARBLE TRUST	RESIDENTIAL-TWO UNIT	$367,600	161 ft
4053 45TH AVE S MINNEAPOLIS MN 55406	CARISA LAINE LERNER	RESIDENTIAL	$310,700	172 ft

Property History

Most Recent Sale

Date200807

Price$395,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$9,431