4445 35TH AVE S MINNEAPOLIS MN 55406

PID: 0702823340161

Property Overview

Parcel ID0702823340161

Lot Size5,133 sq ft (0.118 ac)

Lot Dimensions (est.)103 ft wide × 50 ft deep

Year Built1908

Property ClassRESIDENTIAL

OwnerSHIRLEY A NELSON

Assessed Value$194,600

Land Value$120,000

Building Value$74,600

Annual Tax$3,001

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

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 width40 ft

Buildable depth63 ft

Area~2,506 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 small multifamily (2–4 units, wood frame) benchmarks for 2,506 sqft buildable area.

Est. units

Yield on cost

3.6%

Spread

-1.9%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
4441 35TH AVE S MINNEAPOLIS MN 55406	SHIRLEY A NELSON	RESIDENTIAL	$95,000	50 ft
4457 35TH AVE S MINNEAPOLIS MN 55406	P SHEEHAN & H NAZARIO	RESIDENTIAL	$513,600	75 ft
3508 45TH ST E MINNEAPOLIS MN 55406	THE JOHNSON LIVING TRUST	RESIDENTIAL-TWO UNIT	$527,500	107 ft
4401 35TH AVE S MINNEAPOLIS MN 55406	CRYSTAL LEE MAHLEN	RESIDENTIAL	$518,400	170 ft
4446 35TH AVE S MINNEAPOLIS MN 55406	A E BALLARD & L A OHLER	RESIDENTIAL	$551,300	173 ft
4458 35TH AVE S MINNEAPOLIS MN 55406	N HYLDEN & P MCLAUGHLIN	RESIDENTIAL	$443,400	175 ft
4442 35TH AVE S MINNEAPOLIS MN 55406	SANDRA JEAN SALINE TRUST	RESIDENTIAL	$273,600	180 ft
4436 35TH AVE S MINNEAPOLIS MN 55406	R & J BOOTHE	RESIDENTIAL	$250,400	201 ft
4501 35TH AVE S MINNEAPOLIS MN 55406	CAROL ANN WING	RESIDENTIAL	$316,000	210 ft
4430 35TH AVE S MINNEAPOLIS MN 55406	JESSICA C HOPEMAN	RESIDENTIAL	$282,900	229 ft

Property History

Current Tax Year

Year2026

Tax Due$3,001