4346 SNELLING AVE MINNEAPOLIS MN 55406

PID: 0702823310097

Property Overview

Parcel ID0702823310097

Lot Size5,649 sq ft (0.130 ac)

Lot Dimensions (est.)152 ft wide × 37 ft deep

Year Built1935

Property ClassRESIDENTIAL

OwnerJ N WOODHURST/C S WOODHURST

Assessed Value$271,000

Land Value$112,000

Building Value$159,000

Annual Tax$0

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

2 permits on record since 2022 · Most recent: Feb 2022 (res)

ResFeb 2022Closed

Paul Bunyan Plumbing, LLC

ExistresJan 2022Closed

Blue Ox Heating and Air LLC

Source: Minneapolis open data. Declared construction values are applicant-reported and may not reflect actual project cost.

Neighborhood Profile

Hiawatha · Minneapolis

Median reported rent1,554/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

UN3Urban Neighborhood 3

Urban Neighborhood 3 — medium-density residential

Typical Uses

·Apartment buildings
·Mixed-use with neighborhood retail

Max Height50 ft

Development Potential

Setbacks

Front20 ft

Side (each)5 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width34 ft

Buildable depth88 ft

Area~2,943 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 2,943 sqft buildable area.

Est. units

Yield on cost

3.7%

Spread

-1.8%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
4352 SNELLING AVE MINNEAPOLIS MN 55406	MNSF T2 SPE LLC	RESIDENTIAL	$234,000	48 ft
4338 SNELLING AVE MINNEAPOLIS MN 55406	KK-FIVE CORPORATION	RESIDENTIAL	$346,900	68 ft
4356 SNELLING AVE MINNEAPOLIS MN 55406	MAXWELL J BAKER	RESIDENTIAL	$254,300	96 ft
4334 SNELLING AVE MINNEAPOLIS MN 55406	KK-FIVE CORPORATION	VACANT LAND-RESIDENTIAL	$107,000	134 ft
4360 SNELLING AVE MINNEAPOLIS MN 55406	KK-FIVE CORPORATION	VACANT LAND-APARTMENT	$98,300	144 ft
4337 SNELLING AVE MINNEAPOLIS MN 55406	K J SCHARFE & V S SMITH	RESIDENTIAL	$296,400	221 ft
4341 SNELLING AVE MINNEAPOLIS MN 55406	AMY KAMEL & ANDRES LEZA	RESIDENTIAL	$292,400	224 ft
4333 SNELLING AVE MINNEAPOLIS MN 55406	SHEILA ROHNE	RESIDENTIAL	$312,100	227 ft
4345 SNELLING AVE MINNEAPOLIS MN 55406	SOPHIA NIKITAS/EMILY STACKEN	RESIDENTIAL-TWO UNIT	$436,000	236 ft
4327 SNELLING AVE MINNEAPOLIS MN 55406	R I RICHTER & R RICHTER	RESIDENTIAL	$483,300	240 ft

Property History

Most Recent Sale

Date199402

Price$60,000

TypeOTHER – SEE CERTIFICATE OF REAL ESTATE VALUE (CRV)

Current Tax Year

Year2026

Tax Due$0