3609 42ND ST E MINNEAPOLIS MN 55406

PID: 0702823310022

Property Overview

Parcel ID0702823310022

Lot Size5,949 sq ft (0.137 ac)

Lot Dimensions (est.)57 ft wide × 104 ft deep

Year Built1900

Property ClassRESIDENTIAL-TWO UNIT

OwnerJT'S ADVENTURE LLC

Assessed Value$244,800

Land Value$104,000

Building Value$140,800

Annual Tax$4,649

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

3 permits on record since 2024 · $8K total declared value · Most recent: Jul 2025 (existres)

ExistresJul 2025Closed

Norse Heating and Air Inc

MiscJan 2025Closed

$8K

Mission Contracting Inc

ResFeb 2024Closed

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

RM1Residence Goods and Services

Residential Mixed-Use 1 — low-density mixed residential

Typical Uses

·Apartments
·Townhomes
·Neighborhood-scale retail on ground floor

Max Height45 ft

Development Potential

Setbacks

Front20 ft

Side (each)5 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width46 ft

Buildable depth66 ft

Area~3,048 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 3-story wood frame (5–12 units) benchmarks for 3,048 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
3605 42ND ST E MINNEAPOLIS MN 55406	GILBERT J ROSCOE TRUSTEE	RESIDENTIAL-TWO UNIT	$283,200	55 ft
3613 42ND ST E MINNEAPOLIS MN 55406	MNSF T2 SPE LLC	RESIDENTIAL	$254,000	60 ft
4213 SNELLING AVE MINNEAPOLIS MN 55406	R ENNO JR & N R ENNO	RESIDENTIAL	$295,100	78 ft
4215 SNELLING AVE MINNEAPOLIS MN 55406	LUIS E MOYANO	RESIDENTIAL	$251,700	119 ft
4219 SNELLING AVE MINNEAPOLIS MN 55406	GLEN P DALL/MICHELLE M DALL	RESIDENTIAL	$389,900	159 ft
4163 SNELLING AVE MINNEAPOLIS MN 55406	J WARRINGTON & S WARRINGTON	RESIDENTIAL	$230,200	174 ft
3527 42ND ST E MINNEAPOLIS MN 55406	FRANCES MATHEWS TURNER	RESIDENTIAL-TWO UNIT	$281,200	194 ft
4200 MINNEHAHA AVE MINNEAPOLIS MN 55406	ABKA, MN GENERAL PARTNERSHIP	APARTMENT	$2,677,000	195 ft
4221 SNELLING AVE MINNEAPOLIS MN 55406	P J BYRNE & G L BYRNE	RESIDENTIAL	$265,900	198 ft
4160 MINNEHAHA AVE MINNEAPOLIS MN 55406	HOUSTON PHILLIPS BURNETTE	RESIDENTIAL	$252,500	211 ft

Property History

Most Recent Sale

Date202409

Price$623,780

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$4,649