4406 SNELLING AVE MINNEAPOLIS MN 55406

PID: 0702823340017

Property Overview

Parcel ID0702823340017

Lot Size6,408 sq ft (0.147 ac)

Lot Dimensions (est.)175 ft wide × 37 ft deep

Year Built1950

Property ClassRESIDENTIAL

OwnerF JONES & Q BECK-JONES

Assessed Value$269,800

Land Value$118,000

Building Value$151,800

Annual Tax$3,864

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

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 width33 ft

Buildable depth109 ft

Area~3,524 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 3-story wood frame (5–12 units) benchmarks for 3,524 sqft buildable area.

Est. units

Yield on cost

4.1%

Spread

-1.4%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
4400 SNELLING AVE MINNEAPOLIS MN 55406	CESAR O CHUNCHI	RESIDENTIAL-TWO UNIT	$292,800	41 ft
4412 SNELLING AVE MINNEAPOLIS MN 55406	M W PIKE/J PIKE ET AL	RESIDENTIAL	$335,900	44 ft
4416 SNELLING AVE MINNEAPOLIS MN 55406	KATHRYN MARIE STEWART	RESIDENTIAL	$309,500	90 ft
4420 SNELLING AVE MINNEAPOLIS MN 55406	MANOLA SUVANNARAD	RESIDENTIAL	$319,300	136 ft
4360 SNELLING AVE MINNEAPOLIS MN 55406	KK-FIVE CORPORATION	VACANT LAND-APARTMENT	$98,300	143 ft
3605 44TH ST E MINNEAPOLIS MN 55406	SNELLING YARDS APARTMENTS LP	LAND-COMMERCIAL	$0	190 ft
4356 SNELLING AVE MINNEAPOLIS MN 55406	MAXWELL J BAKER	RESIDENTIAL	$254,300	191 ft
4357 SNELLING AVE MINNEAPOLIS MN 55406	J TRAASETH & N TRAASETH	RESIDENTIAL	$261,300	239 ft
4352 SNELLING AVE MINNEAPOLIS MN 55406	MNSF T2 SPE LLC	RESIDENTIAL	$234,000	239 ft
4401 SNELLING AVE MINNEAPOLIS MN 55406	KELLY ANN FAHY	RESIDENTIAL	$374,200	240 ft

Property History

Most Recent Sale

Date200709

Price$149,500

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$3,864