3943 SNELLING AVE MINNEAPOLIS MN 55406

PID: 0702823220069

Property Overview

Parcel ID0702823220069

Lot Size6,003 sq ft (0.138 ac)

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

Year Built1914

Property ClassRESIDENTIAL

OwnerT J CRAWFORD & C E VAN CLEVE

Assessed Value$303,600

Land Value$106,000

Building Value$197,600

Annual Tax$4,945

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

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 width30 ft

Buildable depth110 ft

Area~3,302 sqft

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 3,302 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
3939 SNELLING AVE MINNEAPOLIS MN 55406	RWG HOLDINGS LLC	RESIDENTIAL	$151,000	40 ft
3947 SNELLING AVE MINNEAPOLIS MN 55406	JONATHAN B PETERSON	RESIDENTIAL	$304,200	40 ft
3935 SNELLING AVE MINNEAPOLIS MN 55406	COMMUNITY HOUSING RESOURCES	RESIDENTIAL	$0	80 ft
3951 SNELLING AVE MINNEAPOLIS MN 55406	CAG MINNESOTA FUND II LLC	RESIDENTIAL	$287,300	80 ft
3931 SNELLING AVE MINNEAPOLIS MN 55406	PETER NGUYEN	RESIDENTIAL	$317,000	120 ft
3955 SNELLING AVE MINNEAPOLIS MN 55406	DAVID TESFALDET HADGU	RESIDENTIAL	$233,000	120 ft
3927 SNELLING AVE MINNEAPOLIS MN 55406	KRISTINE F MILLER	RESIDENTIAL-TWO UNIT	$328,200	160 ft
3959 SNELLING AVE MINNEAPOLIS MN 55406	JASON M SCHMITZ	RESIDENTIAL	$249,400	160 ft
3930 MINNEHAHA AVE MINNEAPOLIS MN 55406	T N RICHTER & L A ROBERTSON	RESIDENTIAL	$321,300	165 ft
3924 MINNEHAHA AVE MINNEAPOLIS MN 55406	L BUDHU & A BUDHA	RESIDENTIAL-TWO UNIT	$304,000	169 ft

Property History

Most Recent Sale

Date199402

Price$58,000

TypeOTHER – SEE CERTIFICATE OF REAL ESTATE VALUE (CRV)

Current Tax Year

Year2026

Tax Due$4,945