4301 43RD AVE S MINNEAPOLIS MN 55406

PID: 0702823410154

Property Overview

Parcel ID0702823410154

Lot Size5,512 sq ft (0.127 ac)

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

Year Built1926

Property ClassRESIDENTIAL

OwnerROBERT A/MICHELLE S ERICKSON

Assessed Value$325,200

Land Value$147,000

Building Value$178,200

Annual Tax$5,034

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictUnknown

Permit History

1 permit on record since 2019 · Most recent: Jan 2019 (existres)

ExistresJan 2019Closed

Freedom Heating and Air Conditioning 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

Estimated · verify frontage

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~350 sqft

Corner-lot envelopes may require contextual setback review and should be treated as planning estimates.

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 350 sqft buildable area.

Est. units

Yield on cost

4.4%

Spread

-1.1%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
4305 43RD AVE S MINNEAPOLIS MN 55406	JOHN R SHARE	RESIDENTIAL	$274,200	43 ft
4309 43RD AVE S MINNEAPOLIS MN 55406	J A HALL-LANDE & J LANDE	RESIDENTIAL	$298,500	86 ft
4315 43RD AVE S MINNEAPOLIS MN 55406	STEPHEN JOSEPH MAIER	RESIDENTIAL	$300,600	129 ft
4300 44TH AVE S MINNEAPOLIS MN 55406	M J SCHUTZ & E A SCHUTZ	RESIDENTIAL	$378,000	142 ft
4304 44TH AVE S MINNEAPOLIS MN 55406	JULIE ANN DIRKSEN	RESIDENTIAL	$437,600	148 ft
4308 44TH AVE S MINNEAPOLIS MN 55406	BRIAN R GRIVNA	RESIDENTIAL	$336,300	165 ft
4317 43RD AVE S MINNEAPOLIS MN 55406	LAURA S RANDALL	RESIDENTIAL	$232,700	172 ft
4300 43RD AVE S MINNEAPOLIS MN 55406	EDGAR A & RENEE E PETERSON	RESIDENTIAL-TWO UNIT	$437,700	187 ft
4312 44TH AVE S MINNEAPOLIS MN 55406	JENNIFER MONAHAN	RESIDENTIAL	$336,200	191 ft
4304 43RD AVE S MINNEAPOLIS MN 55406	ANGELA BUTEL & KARL SNYDER	RESIDENTIAL	$302,100	192 ft

Property History

Most Recent Sale

Date199812

Price$85,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$5,034