4300 46TH AVE S MINNEAPOLIS MN 55406

PID: 0702823410113

Property Overview

Parcel ID0702823410113

Lot Size5,480 sq ft (0.126 ac)

Lot Dimensions (est.)126 ft wide × 43 ft deep

Year Built1920

Property ClassRESIDENTIAL

OwnerL BEROCAY & K MATORUGA

Assessed Value$284,200

Land Value$136,000

Building Value$148,200

Annual Tax$4,105

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

2 permits on record since 2018 · $499 total declared value · Most recent: Jun 2018 (comnofdbv)

ComnofdbvJun 2018Closed

Fineline Mechanical Services Inc

MiscApr 2018Closed

$499

Meghan E Oboyle Booker

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

UN2Urban Neighborhood 2

Urban Neighborhood 2 — moderate-density residential

Typical Uses

·Duplexes
·Triplexes
·Small apartment buildings (≤4 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 depth3 ft

Area~2,622 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 2,622 sqft buildable area.

Est. units

Yield on cost

3.4%

Spread

-2.1%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
4304 46TH AVE S MINNEAPOLIS MN 55406	K D HAYS & A J NOSKA	RESIDENTIAL	$569,600	42 ft
4308 46TH AVE S MINNEAPOLIS MN 55406	RICHARD W FRANCOIS	APARTMENT	$467,000	85 ft
4244 46TH AVE S MINNEAPOLIS MN 55406	BRIAN J VETTER	RESIDENTIAL-TWO UNIT	$379,600	107 ft
4312 46TH AVE S MINNEAPOLIS MN 55406	LARY L MAY REVOCABLE TRUST	RESIDENTIAL	$349,600	129 ft
4301 45TH AVE S MINNEAPOLIS MN 55406	JEANNE DALEN	RESIDENTIAL	$365,100	140 ft
4305 45TH AVE S MINNEAPOLIS MN 55406	JOSHUA VERHAGE/KARA VERHAGE	RESIDENTIAL	$353,600	147 ft
4240 46TH AVE S MINNEAPOLIS MN 55406	P RICKETTS & K RICKETTS	RESIDENTIAL-TWO UNIT	$426,600	157 ft
4309 45TH AVE S MINNEAPOLIS MN 55406	CELEST ROTH/SUZANNE M NEMETH	RESIDENTIAL	$344,600	166 ft
4316 46TH AVE S MINNEAPOLIS MN 55406	CELEST ROTH/SUZANNE M NEMETH	RESIDENTIAL	$237,800	172 ft
4255 45TH AVE S MINNEAPOLIS MN 55406	A RECKINGER & A VARNEY	RESIDENTIAL	$386,800	178 ft

Property History

Most Recent Sale

Date201806

Price$215,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$4,105