4315 SNELLING AVE MINNEAPOLIS MN 55406

PID: 0702823310094

Property Overview

Parcel ID0702823310094

Lot Size6,897 sq ft (0.158 ac)

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

Year Built1925

Property ClassRESIDENTIAL

OwnerTODD J KRINGLER

Assessed Value$302,600

Land Value$121,000

Building Value$181,600

Annual Tax$4,413

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

No permits found in Minneapolis open data for this parcel.

Neighborhood Profile

Hiawatha · Minneapolis

Median reported rent1,554/mo

Renter-occupied38.8%

Median home value$306K

Vacancy rate5.9%

ACS rents reflect current tenant leases and may differ from new market rents.

Source: 2022 ACS 5-Year Estimates · Census Tract 1105

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 width34 ft

Buildable depth117 ft

Area~3,889 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 3,889 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
4319 SNELLING AVE MINNEAPOLIS MN 55406	COMMUNITY HOUSING RESOURCES	RESIDENTIAL	$0	44 ft
4323 SNELLING AVE MINNEAPOLIS MN 55406	ANDREW TOMTEN	RESIDENTIAL	$271,800	88 ft
3711 43RD ST E MINNEAPOLIS MN 55406	V G ROMERO & B R MONTES	RESIDENTIAL-TWO UNIT	$272,700	89 ft
3715 43RD ST E MINNEAPOLIS MN 55406	C C CAMPBELL & A T JOHNSON	RESIDENTIAL	$298,700	93 ft
3705 43RD ST E MINNEAPOLIS MN 55406	P MOORE & N MOORE	RESIDENTIAL	$242,400	104 ft
3701 43RD ST E MINNEAPOLIS MN 55406	K J L WALRAVEN/W L WALRAVEN	RESIDENTIAL	$310,000	130 ft
4327 SNELLING AVE MINNEAPOLIS MN 55406	R I RICHTER & R RICHTER	RESIDENTIAL	$483,300	132 ft
4308 MINNEHAHA AVE MINNEAPOLIS MN 55406	OLIVIA M POLINSKY-ROSE	RESIDENTIAL	$256,300	171 ft
4304 MINNEHAHA AVE MINNEAPOLIS MN 55406	PAIGE & ANDREW MURPHY TRUST	RESIDENTIAL	$374,800	173 ft
4333 SNELLING AVE MINNEAPOLIS MN 55406	SHEILA ROHNE	RESIDENTIAL	$312,100	176 ft

Property History

Most Recent Sale

Date200306

Price$147,400

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$4,413