4255 45TH AVE S MINNEAPOLIS MN 55406

PID: 0702823410086

Property Overview

Parcel ID0702823410086

Lot Size7,648 sq ft (0.176 ac)

Lot Dimensions (est.)126 ft wide × 60 ft deep

Year Built1925

Property ClassRESIDENTIAL

OwnerA RECKINGER & A VARNEY

Assessed Value$386,800

Land Value$167,000

Building Value$219,800

Annual Tax$6,045

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

8 permits on record since 2018 · $32K total declared value · Most recent: May 2025 (misc)

MiscMay 2025Closed

$9K

Archcraft Exteriors LLC

MiscJul 2024Closed

$6K

2nd Generation Chimneys

ResJul 2023Closed

CenterPoint Energy Resource Corp

ResSep 2021Closed

ST PAUL PLUMBING AND HEATING CO INC

ExistresJun 2018Closed

WEBSTER SERVICES

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 width113 ft

Buildable depth20 ft

Area~4,106 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 4,106 sqft buildable area.

Est. units

Yield on cost

2.7%

Spread

-2.8%

Loading map…

Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
4247 45TH AVE S MINNEAPOLIS MN 55406	R P RAMBERG & J A RAMBERG	RESIDENTIAL	$265,000	50 ft
4243 45TH AVE S MINNEAPOLIS MN 55406	LAURIE ANN MACLEOD	RESIDENTIAL	$300,200	90 ft
4301 45TH AVE S MINNEAPOLIS MN 55406	JEANNE DALEN	RESIDENTIAL	$365,100	112 ft
4239 45TH AVE S MINNEAPOLIS MN 55406	T M BLACK & K FISCHER	RESIDENTIAL	$320,600	130 ft
4244 46TH AVE S MINNEAPOLIS MN 55406	BRIAN J VETTER	RESIDENTIAL-TWO UNIT	$379,600	140 ft
4240 46TH AVE S MINNEAPOLIS MN 55406	P RICKETTS & K RICKETTS	RESIDENTIAL-TWO UNIT	$426,600	148 ft
4305 45TH AVE S MINNEAPOLIS MN 55406	JOSHUA VERHAGE/KARA VERHAGE	RESIDENTIAL	$353,600	155 ft
4236 46TH AVE S MINNEAPOLIS MN 55406	CALEB CRESWELL	APARTMENT	$529,000	170 ft
4235 45TH AVE S MINNEAPOLIS MN 55406	TARA L GEISEN	RESIDENTIAL	$321,000	170 ft
4300 46TH AVE S MINNEAPOLIS MN 55406	L BEROCAY & K MATORUGA	RESIDENTIAL	$284,200	178 ft

Property History

Most Recent Sale

Date202111

Price$361,500

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$6,045