4224 SNELLING AVE MINNEAPOLIS MN 55406

PID: 0702823310030

Property Overview

Parcel ID0702823310030

Lot Size6,300 sq ft (0.145 ac)

Lot Dimensions (est.)181 ft wide × 35 ft deep

Year Built1926

Property ClassRESIDENTIAL

OwnerPAUL P SKADSHEIM JR

Assessed Value$228,400

Land Value$117,000

Building Value$111,400

Annual Tax$3,171

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

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

ResOct 2023Closed

CenterPoint Energy Resource Corp

ExistresJun 2023Closed

GV Heating and Air Inc

ExistresJun 2018Closed

Home Energy Center 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 width171 ft

Buildable depth0 ft

Area~3,451 sqft

Lot dimensions are insufficient for the standard setbacks shown.

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 3,451 sqft buildable area.

Est. units

Yield on cost

3.8%

Spread

-1.7%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
4220 SNELLING AVE MINNEAPOLIS MN 55406	A CRAWFORD/T FEW/M CRAWFORD	RESIDENTIAL-TWO UNIT	$391,200	40 ft
4225 CHEATHAM AVE MINNEAPOLIS MN 55406	ERIC W JONES	RESIDENTIAL	$247,000	48 ft
4226 SNELLING AVE MINNEAPOLIS MN 55406	LANEL LANE & DEBRA LANE	RESIDENTIAL	$220,000	65 ft
4229 CHEATHAM AVE MINNEAPOLIS MN 55406	JANICE LOCH	RESIDENTIAL	$172,200	77 ft
4214 SNELLING AVE MINNEAPOLIS MN 55406	CRAIG O CARPENTER	RESIDENTIAL	$197,000	80 ft
4228 SNELLING AVE MINNEAPOLIS MN 55406	ULISES RIVERA LOPEZ	RESIDENTIAL	$198,500	101 ft
4231 CHEATHAM AVE MINNEAPOLIS MN 55406	SHEILA M O'DOUGHERTY	RESIDENTIAL-TWO UNIT	$249,400	119 ft
4210 SNELLING AVE MINNEAPOLIS MN 55406	PATRICK A KERRIGAN	RESIDENTIAL	$266,300	120 ft
4230 SNELLING AVE MINNEAPOLIS MN 55406	ROBERTA CULLEN	RESIDENTIAL	$253,000	148 ft
4237 CHEATHAM AVE MINNEAPOLIS MN 55406	MICHAEL P MEALY	RESIDENTIAL	$174,700	167 ft

Property History

Most Recent Sale

Date202508

Price$280,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$3,171