4412 SNELLING AVE MINNEAPOLIS MN 55406

PID: 0702823340045

Property Overview

Parcel ID0702823340045

Lot Size6,812 sq ft (0.156 ac)

Lot Dimensions (est.)176 ft wide × 39 ft deep

Year Built1925

Property ClassRESIDENTIAL

OwnerM W PIKE/J PIKE ET AL

Assessed Value$335,900

Land Value$121,000

Building Value$214,900

Annual Tax$5,200

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

5 permits on record since 2017 · $8K total declared value · Most recent: Apr 2024 (existres)

ExistresApr 2024Closed

Standard Heating and Air Conditioning Inc

RemodelSep 2020Closed

$5K

MERIDIAN PROPERTIES LLC

ExistresSep 2020Closed

MERIDIAN PROPERTIES LLC

ResFeb 2020Closed

DEN-MARK PLUMBING INC

MiscAug 2017Closed

$4K

THE HOME DEPOT

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

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 width35 ft

Buildable depth111 ft

Area~3,821 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 3,821 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
4406 SNELLING AVE MINNEAPOLIS MN 55406	F JONES & Q BECK-JONES	RESIDENTIAL	$269,800	44 ft
4416 SNELLING AVE MINNEAPOLIS MN 55406	KATHRYN MARIE STEWART	RESIDENTIAL	$309,500	46 ft
4400 SNELLING AVE MINNEAPOLIS MN 55406	CESAR O CHUNCHI	RESIDENTIAL-TWO UNIT	$292,800	85 ft
4420 SNELLING AVE MINNEAPOLIS MN 55406	MANOLA SUVANNARAD	RESIDENTIAL	$319,300	92 ft
3605 44TH ST E MINNEAPOLIS MN 55406	SNELLING YARDS APARTMENTS LP	LAND-COMMERCIAL	$0	163 ft
4360 SNELLING AVE MINNEAPOLIS MN 55406	KK-FIVE CORPORATION	VACANT LAND-APARTMENT	$98,300	187 ft
4401 SNELLING AVE MINNEAPOLIS MN 55406	KELLY ANN FAHY	RESIDENTIAL	$374,200	232 ft
4356 SNELLING AVE MINNEAPOLIS MN 55406	MAXWELL J BAKER	RESIDENTIAL	$254,300	235 ft
4412 SNELLING AVE MINNEAPOLIS MN 55406	NOR STATES POWER CO	LAND - INDUSTRIAL	$10,100	239 ft
4411 SNELLING AVE MINNEAPOLIS MN 55406	MICHAEL MCMILLAN	RESIDENTIAL	$249,500	246 ft

Property History

Most Recent Sale

Date202101

Price$279,900

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$5,200