3916 SNELLING AVE MINNEAPOLIS MN 55406

PID: 0702823220056

Property Overview

Parcel ID0702823220056

Lot Size6,009 sq ft (0.138 ac)

Lot Dimensions (est.)151 ft wide × 40 ft deep

Year Built1914

Property ClassRESIDENTIAL

OwnerMNSF T2 SPE LLC

Assessed Value$271,900

Land Value$106,000

Building Value$165,900

Annual Tax$4,352

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Development Opportunities

High-Frequency Transit (5-min walk)High

Within a 5-minute walk of a high-frequency LRT or BRT stop — a positive factor for density bonuses and Met Council Livable Communities grant scoring.

Metro Council — Livable Communities ↗

Potential programs

Met Council Livable Communities GrantMedium

Competitive grants for affordable housing and transit-oriented development near high-frequency transit; proximity to LRT/BRT is a key scoring factor.

Metro Council — Livable Communities ↗

Signals are based on public datasets; program eligibility requires verification.

Permit History

No permits found in Minneapolis open data for this parcel.

Neighborhood Profile

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

Setbacks

Front20 ft

Side (each)5 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width141 ft

Buildable depth0 ft

Area~3,306 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 small multifamily (2–4 units, wood frame) benchmarks for 3,306 sqft buildable area.

Est. units

Yield on cost

3.9%

Spread

-1.6%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
3912 SNELLING AVE MINNEAPOLIS MN 55406	ALBERT HESTER JR	RESIDENTIAL	$255,600	40 ft
3920 SNELLING AVE MINNEAPOLIS MN 55406	TRENTON BARTHOLF	RESIDENTIAL	$313,200	40 ft
3908 SNELLING AVE MINNEAPOLIS MN 55406	ELIZABETH J BERG	RESIDENTIAL	$298,300	80 ft
3924 SNELLING AVE MINNEAPOLIS MN 55406	JENNIFER ANDERSON	RESIDENTIAL	$261,100	80 ft
3904 SNELLING AVE MINNEAPOLIS MN 55406	M MCGARRY & N JOHNSON	RESIDENTIAL	$261,600	120 ft
3928 SNELLING AVE MINNEAPOLIS MN 55406	JOYCE FLANDERS	RESIDENTIAL	$255,700	120 ft
3932 SNELLING AVE MINNEAPOLIS MN 55406	ASHLEY KIM/COREY JOSEPH BARR	RESIDENTIAL	$263,200	160 ft
3900 SNELLING AVE MINNEAPOLIS MN 55406	MARY JANSEN	RESIDENTIAL	$381,500	176 ft
3909 SNELLING AVE MINNEAPOLIS MN 55406	BERG PETERSON CONSTR CO	RESIDENTIAL	$197,400	197 ft
3201 39TH ST E MINNEAPOLIS MN 55406	F M MONTES & D O PALMA	RESIDENTIAL	$232,000	200 ft

Property History

Most Recent Sale

Date201404

Price$71,900

TypeOTHER – SEE CERTIFICATE OF REAL ESTATE VALUE (CRV)

Current Tax Year

Year2026

Tax Due$4,352