4117 SNELLING AVE MINNEAPOLIS MN 55406

PID: 0702823240005

Property Overview

Parcel ID0702823240005

Lot Size6,002 sq ft (0.138 ac)

Lot Dimensions (est.)185 ft wide × 32 ft deep

Year Built1924

Property ClassRESIDENTIAL

OwnerR L & L R DUCAT

Assessed Value$281,100

Land Value$133,000

Building Value$148,100

Annual Tax$4,053

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 2023 · Most recent: Sep 2023 (res)

ResSep 2023Closed

CenterPoint Energy Resource Corp

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

Neighborhood Profile

Hiawatha · 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~3,175 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 3,175 sqft buildable area.

Est. units

Yield on cost

4.0%

Spread

-1.5%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
4121 SNELLING AVE MINNEAPOLIS MN 55406	ADINA A BYNUM	RESIDENTIAL	$304,300	43 ft
4113 SNELLING AVE MINNEAPOLIS MN 55406	RICHARD J NEUWIRTH	RESIDENTIAL-TWO UNIT	$378,200	46 ft
4125 SNELLING AVE MINNEAPOLIS MN 55406	ADAM WOLTER	RESIDENTIAL	$261,700	89 ft
4107 SNELLING AVE MINNEAPOLIS MN 55406	SHEILA HANSEN	RESIDENTIAL-TWO UNIT	$382,900	92 ft
4103 SNELLING AVE MINNEAPOLIS MN 55406	ANGELA THEIS & JEFF THEIS	RESIDENTIAL	$389,400	132 ft
4129 SNELLING AVE MINNEAPOLIS MN 55406	LAURA L PATRIE	RESIDENTIAL	$262,300	134 ft
4106 MINNEHAHA AVE MINNEAPOLIS MN 55406	MATTHEW C DEHN/S J CALLAGHAN	RESIDENTIAL	$364,000	164 ft
4110 MINNEHAHA AVE MINNEAPOLIS MN 55406	G CORTES & K BROCK	RESIDENTIAL	$254,800	167 ft
4101 SNELLING AVE MINNEAPOLIS MN 55406	BRYAN J BULLOCK	RESIDENTIAL	$295,600	168 ft
4102 MINNEHAHA AVE MINNEAPOLIS MN 55406	MARY UPHOFF	RESIDENTIAL	$298,000	171 ft

Property History

Most Recent Sale

Date199709

Price$31,000

Type—

Current Tax Year

Year2026

Tax Due$4,053