4242 SNELLING AVE MINNEAPOLIS MN 55406

PID: 0702823310066

Property Overview

Parcel ID0702823310066

Lot Size6,927 sq ft (0.159 ac)

Lot Dimensions (est.)183 ft wide × 38 ft deep

Year Built1934

Property ClassRESIDENTIAL

OwnerJERROLD J & JANE M WITZ

Assessed Value$261,100

Land Value$122,000

Building Value$139,100

Annual Tax$3,718

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

4 permits on record since 2022 · Most recent: Oct 2023 (res)

ResOct 2023Closed

CenterPoint Energy Resource Corp

ResMay 2023Closed

Warners Stellian Co Inc

ResAug 2022Closed

Paul Bunyan Plumbing, LLC

ResFeb 2022Closed

Paul Bunyan Plumbing, 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

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 width173 ft

Buildable depth0 ft

Area~3,918 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 3,918 sqft buildable area.

Est. units

Yield on cost

3.8%

Spread

-1.7%

Loading map…

Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
4236 SNELLING AVE MINNEAPOLIS MN 55406	JOANNE KURIA	RESIDENTIAL	$383,300	46 ft
4247 CHEATHAM AVE MINNEAPOLIS MN 55406	J BORGMANN & C SANDERS	RESIDENTIAL	$203,500	49 ft
4246 SNELLING AVE MINNEAPOLIS MN 55406	KARL H NILSSON JR	RESIDENTIAL	$237,100	70 ft
4237 CHEATHAM AVE MINNEAPOLIS MN 55406	MICHAEL P MEALY	RESIDENTIAL	$174,700	75 ft
4251 CHEATHAM AVE MINNEAPOLIS MN 55406	MEGAN G THOMPSON	RESIDENTIAL	$166,600	84 ft
4230 SNELLING AVE MINNEAPOLIS MN 55406	ROBERTA CULLEN	RESIDENTIAL	$253,000	88 ft
4250 SNELLING AVE MINNEAPOLIS MN 55406	D E DARNUTZER JR & V M SMITH	RESIDENTIAL	$220,400	109 ft
4231 CHEATHAM AVE MINNEAPOLIS MN 55406	SHEILA M O'DOUGHERTY	RESIDENTIAL-TWO UNIT	$249,400	115 ft
4255 CHEATHAM AVE MINNEAPOLIS MN 55406	STACY LYNNE CARLING	RESIDENTIAL	$207,400	124 ft
4228 SNELLING AVE MINNEAPOLIS MN 55406	ULISES RIVERA LOPEZ	RESIDENTIAL	$198,500	133 ft

Property History

Most Recent Sale

Date199208

Price$62,000

TypeOTHER – SEE CERTIFICATE OF REAL ESTATE VALUE (CRV)

Current Tax Year

Year2026

Tax Due$3,718