4308 43RD AVE S MINNEAPOLIS MN 55406

PID: 0702823410157

Property Overview

Parcel ID0702823410157

Lot Size5,455 sq ft (0.125 ac)

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

Year Built1936

Property ClassRESIDENTIAL

OwnerMARION KAY GORDON

Assessed Value$333,200

Land Value$146,000

Building Value$187,200

Annual Tax$4,925

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

5 permits on record since 2018 · $22K total declared value · Most recent: Oct 2023 (misc)

MiscOct 2023Closed

$14K

Mayday Restoration

RemodelNov 2022Closed

$8K

HyR Construction LLC

ResOct 2022Closed

Twin Cities Plumbing Heating and Construction LLC

ExistresMay 2019Closed

Airic's Heating & Air Conditioning Inc

ExistresDec 2018Closed

Airic's Heating & 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$386K+4.2% YoY

Median price / sqft$263/sqft

Median days to close13 days

Active listings43

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

Setbacks

Front20 ft

Side (each)5 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width33 ft

Buildable depth87 ft

Area~2,865 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 2,865 sqft buildable area.

Est. units

Yield on cost

2.4%

Spread

-3.1%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
4304 43RD AVE S MINNEAPOLIS MN 55406	ANGELA BUTEL & KARL SNYDER	RESIDENTIAL	$302,100	43 ft
4312 43RD AVE S MINNEAPOLIS MN 55406	D ALVAREZ & A PADILLA	RESIDENTIAL	$327,500	43 ft
4300 43RD AVE S MINNEAPOLIS MN 55406	EDGAR A & RENEE E PETERSON	RESIDENTIAL-TWO UNIT	$437,700	86 ft
4316 43RD AVE S MINNEAPOLIS MN 55406	LINDA L STIEBINGER LIV TR	RESIDENTIAL	$363,300	86 ft
4320 43RD AVE S MINNEAPOLIS MN 55406	TIFFANY KAY WEIDNER	RESIDENTIAL	$406,900	129 ft
4309 42ND AVE S MINNEAPOLIS MN 55406	CLEMMA MULLER & SACHA MULLER	RESIDENTIAL	$345,300	140 ft
4305 42ND AVE S MINNEAPOLIS MN 55406	LISA A SCHULZ	RESIDENTIAL	$256,500	146 ft
4313 42ND AVE S MINNEAPOLIS MN 55406	MARY SCHEU	RESIDENTIAL	$326,300	147 ft
4301 42ND AVE S MINNEAPOLIS MN 55406	T A HARRISON & J S WECHTER	RESIDENTIAL	$306,200	164 ft
4317 42ND AVE S MINNEAPOLIS MN 55406	LOLA L GIEFER	RESIDENTIAL	$255,000	166 ft

Property History

Most Recent Sale

Date199604

Price$88,500

TypeOTHER – SEE CERTIFICATE OF REAL ESTATE VALUE (CRV)

Current Tax Year

Year2026

Tax Due$4,925