4108 38TH AVE S MINNEAPOLIS MN 55406

PID: 0702823240156

Property Overview

Parcel ID0702823240156

Lot Size5,080 sq ft (0.117 ac)

Lot Dimensions (est.)127 ft wide × 40 ft deep

Year Built1912

Property ClassRESIDENTIAL

OwnerJ C ORDOS & M ORDOS

Assessed Value$309,000

Land Value$126,000

Building Value$183,000

Annual Tax$4,783

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

5 permits on record since 2019 · $30K total declared value · Most recent: Dec 2019 (res)

ResDec 2019Closed

Linn Star Transfer Inc

MiscOct 2019Closed

$5K

PELLA NORTHLAND

RemodelOct 2019Closed

$10K

Marie Ordos

MiscSep 2019Closed

$15K

KAUFMAN SHEET METAL ROOFING INC

ResFeb 2019Closed

Urban Pine Plumbing and Mechanical Inc

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 depth87 ft

Area~2,609 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 2,609 sqft buildable area.

Est. units

Yield on cost

3.5%

Spread

-2.0%

Loading map…

Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
4104 38TH AVE S MINNEAPOLIS MN 55406	C J DAVIS & T VAN OOT DAVIS	RESIDENTIAL	$391,200	40 ft
4112 38TH AVE S MINNEAPOLIS MN 55406	C RICKARD & K COURCHENE	RESIDENTIAL	$347,700	40 ft
4100 38TH AVE S MINNEAPOLIS MN 55406	LINDSEY ROGERS/JAMES ROGERS	RESIDENTIAL	$368,200	80 ft
4116 38TH AVE S MINNEAPOLIS MN 55406	SANDRA M HORN	RESIDENTIAL	$293,200	80 ft
4120 38TH AVE S MINNEAPOLIS MN 55406	CHRISTIANA R HEXUM	RESIDENTIAL	$297,900	120 ft
4101 37TH AVE S MINNEAPOLIS MN 55406	MINNEHAHA LUTHERAN CURCH	COMMERCIAL-PREFERRED	$0	145 ft
4115 37TH AVE S MINNEAPOLIS MN 55406	A A G & R J SCHEPLER	RESIDENTIAL	$340,100	146 ft
4124 38TH AVE S MINNEAPOLIS MN 55406	SHANNA C HANSEN	RESIDENTIAL	$216,400	160 ft
4117 37TH AVE S MINNEAPOLIS MN 55406	DEBORAH J REIERSON	RESIDENTIAL	$356,700	162 ft
4054 38TH AVE S MINNEAPOLIS MN 55406	C L O'BRIEN & T C O'BRIEN	RESIDENTIAL	$335,300	182 ft

Property History

Most Recent Sale

Date201105

Price$110,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$4,783