3909 SNELLING AVE MINNEAPOLIS MN 55406

PID: 0702823220077

Property Overview

Parcel ID0702823220077

Lot Size6,040 sq ft (0.139 ac)

Lot Dimensions (est.)106 ft wide × 57 ft deep

Year Built1917

Property ClassRESIDENTIAL

OwnerBERG PETERSON CONSTR CO

Assessed Value$197,400

Land Value$106,000

Building Value$91,400

Annual Tax$2,651

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

1 permit on record since 2021 · Most recent: Aug 2021 (existres)

ExistresAug 2021Closed

Ray N Welter Heating Co

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

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 width93 ft

Buildable depth17 ft

Area~1,724 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 1,724 sqft buildable area.

Est. units

Yield on cost

3.1%

Spread

-2.4%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
3315 39TH ST E MINNEAPOLIS MN 55406	TAMALA L NYGAARD	RESIDENTIAL	$253,500	73 ft
3911 SNELLING AVE MINNEAPOLIS MN 55406	ANDREA ROSE CHENEY	VACANT LAND-RESIDENTIAL	$105,000	84 ft
3915 SNELLING AVE MINNEAPOLIS MN 55406	ANDREA ROSE CHENEY	RESIDENTIAL	$282,000	138 ft
3865 SNELLING AVE MINNEAPOLIS MN 55406	WENDY SHELLEY	RESIDENTIAL	$288,900	140 ft
3308 39TH ST E MINNEAPOLIS MN 55406	MARK D GREENLUND	RESIDENTIAL	$155,000	145 ft
3312 39TH ST E MINNEAPOLIS MN 55406	THERESA E DRESP	RESIDENTIAL	$129,500	157 ft
3908 SNELLING AVE MINNEAPOLIS MN 55406	ELIZABETH J BERG	RESIDENTIAL	$298,300	183 ft
3912 SNELLING AVE MINNEAPOLIS MN 55406	ALBERT HESTER JR	RESIDENTIAL	$255,600	186 ft
3904 SNELLING AVE MINNEAPOLIS MN 55406	M MCGARRY & N JOHNSON	RESIDENTIAL	$261,600	189 ft
3859 SNELLING AVE MINNEAPOLIS MN 55406	LYDIA BOERBOOM	RESIDENTIAL	$295,900	193 ft

Property History

Current Tax Year

Year2026

Tax Due$2,651