4457 33RD AVE S MINNEAPOLIS MN 55406

PID: 0702823330016

Property Overview

Parcel ID0702823330016

Lot Size5,574 sq ft (0.128 ac)

Lot Dimensions (est.)139 ft wide × 40 ft deep

Year Built1938

Property ClassRESIDENTIAL

OwnerN R KESSELRING/P J BOSMAN

Assessed Value$285,200

Land Value$147,000

Building Value$138,200

Annual Tax$4,106

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

4 permits on record since 2020 · $38K total declared value · Most recent: Aug 2024 (misc)

MiscAug 2024Closed

$24K

BLUE OX EXTERIORS LLC

ExistresSep 2022Closed

Hoffman Refrigeration and Heating Ltd

MiscJul 2022Closed

$3K

Summit Installations LLC

RemodelSep 2020Closed

$11K

Empire Solar Group LLC

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

Neighborhood Profile

Ericsson · Minneapolis

Median reported rent1,733/mo

Renter-occupied14.2%

Median home value$372K

Vacancy rate2.6%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 1111

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

Front Street

On corner lots, the selected street determines which setbacks apply to each side.

Setbacks

Front20 ft

Interior side5 ft

Street side (est.)8 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width126 ft

Buildable depth0 ft

Area~2,683 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 2,683 sqft buildable area.

Est. units

Yield on cost

3.3%

Spread

-2.2%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
4453 33RD AVE S MINNEAPOLIS MN 55406	P J SMITH & J A SMITH	RESIDENTIAL	$299,800	40 ft
4449 33RD AVE S MINNEAPOLIS MN 55406	K A & L M THOMPSON	RESIDENTIAL	$326,000	80 ft
4501 33RD AVE S MINNEAPOLIS MN 55406	EVAN NOTHMANN/SONIA NOTHMANN	RESIDENTIAL	$420,700	100 ft
4445 33RD AVE S MINNEAPOLIS MN 55406	CARRIE DEVALL	RESIDENTIAL	$340,300	120 ft
4505 33RD AVE S MINNEAPOLIS MN 55406	GREGORY L OVERLID	RESIDENTIAL	$287,100	140 ft
4458 34TH AVE S MINNEAPOLIS MN 55406	BIAS LLC	RESIDENTIAL-TWO UNIT	$413,000	153 ft
4452 34TH AVE S MINNEAPOLIS MN 55406	JOHN D SOLEM	RESIDENTIAL	$198,500	159 ft
4441 33RD AVE S MINNEAPOLIS MN 55406	S R JACKSON & MG TRIFILIO	RESIDENTIAL	$323,900	160 ft
4448 34TH AVE S MINNEAPOLIS MN 55406	MARK J & JUDITH M HOCKLEY	RESIDENTIAL	$425,900	174 ft
4509 33RD AVE S MINNEAPOLIS MN 55406	C G LEWIS & M JACOBS	RESIDENTIAL	$345,400	180 ft

Property History

Most Recent Sale

Date199603

Price$71,987

TypeOTHER – SEE CERTIFICATE OF REAL ESTATE VALUE (CRV)

Current Tax Year

Year2026

Tax Due$4,106