4001 36TH AVE S MINNEAPOLIS MN 55406

PID: 0702823240049

Property Overview

Parcel ID0702823240049

Lot Size4,836 sq ft (0.111 ac)

Lot Dimensions (est.)72 ft wide × 67 ft deep

Year Built1919

Property ClassRESIDENTIAL

OwnerBRIDGE SFR IV SEED BOR LLC

Assessed Value$227,000

Land Value$113,000

Building Value$114,000

Annual Tax$3,514

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

2 permits on record since 2018 · $4K total declared value · Most recent: Oct 2023 (res)

ResOct 2023Closed

CenterPoint Energy Resource Corp

MiscJul 2018Closed

$4K

SBH LLC

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

UN3Urban Neighborhood 3

Urban Neighborhood 3 — medium-density residential

Typical Uses

·Apartment buildings
·Mixed-use with neighborhood retail

Max Height50 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.)10 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width57 ft

Buildable depth27 ft

Area~1,666 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 1,666 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
4007 36TH AVE S MINNEAPOLIS MN 55406	VANESSA WALTON	RESIDENTIAL	$219,700	60 ft
3611 40TH ST E MINNEAPOLIS MN 55406	DARRIN J MINEHAN	RESIDENTIAL	$212,600	63 ft
4011 36TH AVE S MINNEAPOLIS MN 55406	KELLY MAUREEN WAVRIN	RESIDENTIAL	$318,100	97 ft
4015 36TH AVE S MINNEAPOLIS MN 55406	G H-T YOONG & M J YOONG	RESIDENTIAL	$190,000	136 ft
3955 36TH AVE S MINNEAPOLIS MN 55406	S R WARDELL & R M BEVIS	RESIDENTIAL-TWO UNIT	$366,200	137 ft
4009 MINNEHAHA AVE MINNEAPOLIS MN 55406	JEN-JEF LLC	COMMERCIAL-PREFERRED	$506,000	147 ft
4000 37TH AVE S MINNEAPOLIS MN 55406	JULIE A WASSATHER	RESIDENTIAL	$193,000	168 ft
4004 37TH AVE S MINNEAPOLIS MN 55406	KATINA M SULLIVAN	RESIDENTIAL	$272,600	168 ft
4019 MINNEHAHA AVE MINNEAPOLIS MN 55406	HENNEPIN FORFEITED LAND	LAND-COMMERCIAL	$0	171 ft
4008 37TH AVE S MINNEAPOLIS MN 55406	MEGHAN A THOMPSON	RESIDENTIAL	$287,400	175 ft

Property History

Most Recent Sale

Date201404

Price$108,500

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$3,514