4500 32ND AVE S MINNEAPOLIS MN 55406

PID: 0702823330090

Property Overview

Parcel ID0702823330090

Lot Size5,645 sq ft (0.130 ac)

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

Year Built1937

Property ClassRESIDENTIAL

OwnerRYAN T ANDERSON/JOLENE V SEE

Assessed Value$334,800

Land Value$148,000

Building Value$186,800

Annual Tax$4,934

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

3 permits on record since 2021 · $29K total declared value · Most recent: Jul 2025 (misc)

MiscJul 2025Closed

$29K

Jenney Construction LLC

ResJan 2023Closed

CenterPoint Energy Resource Corp

ExistresMay 2021Closed

GV Heating and Air Inc

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

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~2,732 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 2,732 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
4504 32ND AVE S MINNEAPOLIS MN 55406	S M RUTHER & JULIA M RUTHER	RESIDENTIAL	$363,000	40 ft
4510 32ND AVE S MINNEAPOLIS MN 55406	DEANNA L CROES	RESIDENTIAL	$288,900	80 ft
4512 32ND AVE S MINNEAPOLIS MN 55406	WOLFGANG HILSE/HAILEY BENNER	RESIDENTIAL	$426,200	120 ft
3116 45TH ST E MINNEAPOLIS MN 55406	PATRICK WYLIE	RESIDENTIAL	$252,100	140 ft
3112 45TH ST E MINNEAPOLIS MN 55406	GERM SMITH LIVING TRUST	RESIDENTIAL	$249,100	147 ft
3120 45TH ST E MINNEAPOLIS MN 55406	PREETI GUPTON & SETH GUPTON	RESIDENTIAL	$654,400	149 ft
4501 31ST AVE S MINNEAPOLIS MN 55406	D M COLEMAN & B T GISSELMAN	RESIDENTIAL	$319,300	154 ft
4516 32ND AVE S MINNEAPOLIS MN 55406	A RUBENSTEIN/KERI RUBENSTEIN	RESIDENTIAL	$367,700	160 ft
4505 31ST AVE S MINNEAPOLIS MN 55406	MARGARET HOUSTON	RESIDENTIAL	$305,400	160 ft
3201 45TH ST E MINNEAPOLIS MN 55406	KATIE D & MAX R LINDORFER	RESIDENTIAL	$302,900	166 ft

Property History

Most Recent Sale

Date202410

Price$331,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$4,934