4401 32ND AVE S MINNEAPOLIS MN 55406

PID: 0702823330061

Property Overview

Parcel ID0702823330061

Lot Size3,833 sq ft (0.088 ac)

Lot Dimensions (est.)95 ft wide × 40 ft deep

Year Built1952

Property ClassRESIDENTIAL

OwnerDALE W MUELLER

Assessed Value$370,500

Land Value$121,000

Building Value$249,500

Annual Tax$5,529

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

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

UN1Urban Neighborhood 1

Urban Neighborhood 1 — low-density residential

Typical Uses

·Single-family homes
·Duplexes
·Accessory dwelling 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 width82 ft

Buildable depth0 ft

Area~1,503 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 sfr / adu benchmarks for 1,503 sqft buildable area.

Est. units

Yield on cost

2.1%

Spread

-3.4%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
4405 32ND AVE S MINNEAPOLIS MN 55406	JOSE S R ENCISO ET AL	RESIDENTIAL	$246,800	40 ft
3211 44TH ST E MINNEAPOLIS MN 55406	S L CLIFT & L A CLIFT	RESIDENTIAL	$299,600	73 ft
4409 32ND AVE S MINNEAPOLIS MN 55406	CITY OF LAKES COMM LAND TRST	—	$305,600	83 ft
4415 32ND AVE S MINNEAPOLIS MN 55406	ELLEN M PETERSON	RESIDENTIAL	$306,100	122 ft
4417 32ND AVE S MINNEAPOLIS MN 55406	BARBARA E SCHUELLER	RESIDENTIAL	$340,300	161 ft
4400 32ND AVE S MINNEAPOLIS MN 55406	LILLY M DAVIS	RESIDENTIAL	$361,600	177 ft
4400 33RD AVE S MINNEAPOLIS MN 55406	K E BLATZ & S A BLATZ	RESIDENTIAL	$381,900	178 ft
4404 33RD AVE S MINNEAPOLIS MN 55406	J L ALBRIGHT & A K ALBRIGHT	RESIDENTIAL	$345,400	182 ft
4404 32ND AVE S MINNEAPOLIS MN 55406	LAURA JANE ANDERSEN	RESIDENTIAL	$322,400	182 ft
4408 33RD AVE S MINNEAPOLIS MN 55406	BRIANNE WHITCRAFT	RESIDENTIAL	$293,100	194 ft

Property History

Most Recent Sale

Date200307

Price$175,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$5,529