4147 SNELLING AVE MINNEAPOLIS MN 55406

PID: 0702823240118

Property Overview

Parcel ID0702823240118

Lot Size4,031 sq ft (0.093 ac)

Lot Dimensions (est.)130 ft wide × 31 ft deep

Year Built1920

Property ClassRESIDENTIAL

OwnerL J ROLFES & A L ROLFES

Assessed Value$316,800

Land Value$108,000

Building Value$208,800

Annual Tax$4,652

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

2 permits on record since 2018 · Most recent: Oct 2023 (res)

ResOct 2023Closed

CenterPoint Energy Resource Corp

ResNov 2018Closed

Warners Stellian Co Inc

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

Neighborhood Profile

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 depth61 ft

Area~1,752 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 1,752 sqft buildable area.

Est. units

Yield on cost

3.0%

Spread

-2.5%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
4143 SNELLING AVE MINNEAPOLIS MN 55406	TODD F WHEELHOUSE	RESIDENTIAL	$321,500	38 ft
4151 SNELLING AVE MINNEAPOLIS MN 55406	FRANCISCO JAVIER ORTIZ NUNEZ	RESIDENTIAL	$342,600	40 ft
4139 SNELLING AVE MINNEAPOLIS MN 55406	JOHN C CARLSON	RESIDENTIAL	$262,000	73 ft
4155 SNELLING AVE MINNEAPOLIS MN 55406	ERIK HAGEN & KARIN STRUWE	RESIDENTIAL	$278,800	80 ft
4133 SNELLING AVE MINNEAPOLIS MN 55406	MNSF T2SPE,LLC	RESIDENTIAL	$297,800	112 ft
4159 SNELLING AVE MINNEAPOLIS MN 55406	BEVERLY NIELSEN	RESIDENTIAL	$238,900	120 ft
3620 42ND ST E MINNEAPOLIS MN 55406	REGAN 3620 LLC	LOW INCOME RENTAL	$2,684,000	154 ft
4129 SNELLING AVE MINNEAPOLIS MN 55406	LAURA L PATRIE	RESIDENTIAL	$262,300	157 ft
4163 SNELLING AVE MINNEAPOLIS MN 55406	J WARRINGTON & S WARRINGTON	RESIDENTIAL	$230,200	158 ft
4152 SNELLING AVE MINNEAPOLIS MN 55406	STEPHEN C BLUMBERG	RESIDENTIAL	$440,600	183 ft

Property History

Most Recent Sale

Date202102

Price$295,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$4,652