3932 SNELLING AVE MINNEAPOLIS MN 55406

PID: 0702823220060

Property Overview

Parcel ID0702823220060

Lot Size6,009 sq ft (0.138 ac)

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

Year Built1911

Property ClassRESIDENTIAL

OwnerASHLEY KIM/COREY JOSEPH BARR

Assessed Value$263,200

Land Value$106,000

Building Value$157,200

Annual Tax$3,896

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

7 permits on record since 2017 · $6K total declared value · Most recent: Jun 2024 (misc)

MiscJun 2024Closed

$5K

Minnesota Restoration Contractors INC

ResSep 2023Closed

CenterPoint Energy Resource Corp

ExistresJun 2021Closed

Home Energy Center Inc

ResSep 2020Closed

CHAMPION PLUMBING LLC

ExistresJul 2019Closed

Swat Holdings LLC

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

Neighborhood Profile

Howe · 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
3928 SNELLING AVE MINNEAPOLIS MN 55406	JOYCE FLANDERS	RESIDENTIAL	$255,700	40 ft
3936 SNELLING AVE MINNEAPOLIS MN 55406	RAYMOND LEE PAHL	RESIDENTIAL	$278,500	40 ft
3924 SNELLING AVE MINNEAPOLIS MN 55406	JENNIFER ANDERSON	RESIDENTIAL	$261,100	80 ft
3940 SNELLING AVE MINNEAPOLIS MN 55406	D & J MADAY	RESIDENTIAL	$177,400	80 ft
3920 SNELLING AVE MINNEAPOLIS MN 55406	TRENTON BARTHOLF	RESIDENTIAL	$313,200	120 ft
3944 SNELLING AVE MINNEAPOLIS MN 55406	MYRNA CAMPBELL	RESIDENTIAL	$209,000	120 ft
3916 SNELLING AVE MINNEAPOLIS MN 55406	MNSF T2 SPE LLC	RESIDENTIAL	$271,900	160 ft
3948 SNELLING AVE MINNEAPOLIS MN 55406	MELVIN E DAVIS/FELICIA DAVIS	RESIDENTIAL	$289,900	160 ft
3912 SNELLING AVE MINNEAPOLIS MN 55406	ALBERT HESTER JR	RESIDENTIAL	$255,600	200 ft
3952 SNELLING AVE MINNEAPOLIS MN 55406	ZULEYKA MARQUEZ	RESIDENTIAL	$263,100	200 ft

Property History

Most Recent Sale

Date201907

Price$229,900

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$3,896