4354 45TH AVE S MINNEAPOLIS MN 55406

PID: 0702823410045

Property Overview

Parcel ID0702823410045

Lot Size5,518 sq ft (0.127 ac)

Lot Dimensions (est.)128 ft wide × 43 ft deep

Year Built1941

Property ClassRESIDENTIAL

OwnerCAITLIN C HELMS/KYLE C HELMS

Assessed Value$325,500

Land Value$147,000

Building Value$178,500

Annual Tax$5,014

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

3 permits on record since 2018 · $16K total declared value · Most recent: Nov 2023 (misc)

MiscNov 2023Closed

$14K

KAUFMAN SHEET METAL ROOFING INC

MiscOct 2019Closed

$2K

RICKS ROOFING AND SIDING INC

ResOct 2018Closed

Urban Pine Plumbing and Mechanical Inc

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

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 width115 ft

Buildable depth3 ft

Area~2,649 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 sfr / adu benchmarks for 2,649 sqft buildable area.

Est. units

Yield on cost

2.6%

Spread

-2.9%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
4350 45TH AVE S MINNEAPOLIS MN 55406	JULIA CARLIS	RESIDENTIAL	$355,500	43 ft
4346 45TH AVE S MINNEAPOLIS MN 55406	EMILY K WROBEL	RESIDENTIAL	$312,500	86 ft
4400 45TH AVE S MINNEAPOLIS MN 55406	ERIC R & JENNA C SKINNER	RESIDENTIAL	$488,700	103 ft
4408 44TH ST E MINNEAPOLIS MN 55406	W HERBON & A KIRBY	RESIDENTIAL	$281,400	108 ft
4342 45TH AVE S MINNEAPOLIS MN 55406	SHERYL A WARNER	RESIDENTIAL	$343,200	129 ft
4404 45TH AVE S MINNEAPOLIS MN 55406	CYNTHIA HANSON	RESIDENTIAL	$393,600	144 ft
4400 44TH ST E MINNEAPOLIS MN 55406	J WOLF & M WOLF	RESIDENTIAL	$284,600	163 ft
4338 45TH AVE S MINNEAPOLIS MN 55406	T M FAY & J MASTEL-LIPSON	RESIDENTIAL	$330,800	172 ft
4401 44TH AVE S MINNEAPOLIS MN 55406	SHEILA ELIZABETH WILSON	RESIDENTIAL	$300,000	176 ft
4347 44TH AVE S MINNEAPOLIS MN 55406	TAMIE KAY FRITZ	RESIDENTIAL	$401,100	179 ft

Property History

Most Recent Sale

Date201808

Price$299,900

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$5,014