4400 32ND AVE S MINNEAPOLIS MN 55406

PID: 0702823330062

Property Overview

Parcel ID0702823330062

Lot Size5,646 sq ft (0.130 ac)

Lot Dimensions (est.)140 ft wide × 40 ft deep

Year Built1946

Property ClassRESIDENTIAL

OwnerLILLY M DAVIS

Assessed Value$361,600

Land Value$148,000

Building Value$213,600

Annual Tax$5,381

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

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

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 width127 ft

Buildable depth0 ft

Area~2,733 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 2,733 sqft buildable area.

Est. units

Yield on cost

2.5%

Spread

-3.0%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
4404 32ND AVE S MINNEAPOLIS MN 55406	LAURA JANE ANDERSEN	RESIDENTIAL	$322,400	40 ft
4408 32ND AVE S MINNEAPOLIS MN 55406	BRIAN R HOFFMAN	RESIDENTIAL	$328,600	80 ft
4412 32ND AVE S MINNEAPOLIS MN 55406	MEGHAN MALANEY	RESIDENTIAL	$388,100	120 ft
4401 31ST AVE S MINNEAPOLIS MN 55406	M & L PETERS	RESIDENTIAL	$567,900	155 ft
4416 32ND AVE S MINNEAPOLIS MN 55406	DEREK SZOKA	RESIDENTIAL-TWO UNIT	$723,600	160 ft
4409 31ST AVE S MINNEAPOLIS MN 55406	CATHERINE F IBES	RESIDENTIAL	$321,900	174 ft
4401 32ND AVE S MINNEAPOLIS MN 55406	DALE W MUELLER	RESIDENTIAL	$370,500	177 ft
4405 32ND AVE S MINNEAPOLIS MN 55406	JOSE S R ENCISO ET AL	RESIDENTIAL	$246,800	181 ft
4413 31ST AVE S MINNEAPOLIS MN 55406	JOYCE A JARCZYK SUBJ/LE	RESIDENTIAL	$276,400	196 ft
4420 32ND AVE S MINNEAPOLIS MN 55406	SHERYL M MOEN	RESIDENTIAL	$310,700	200 ft

Property History

Most Recent Sale

Date200910

Price$215,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$5,381