4124 43RD ST E MINNEAPOLIS MN 55406

PID: 0702823420058

Property Overview

Parcel ID0702823420058

Lot Size5,066 sq ft (0.116 ac)

Lot Dimensions (est.)126 ft wide × 40 ft deep

Year Built1986

Property ClassRESIDENTIAL

OwnerA T & E R SANDEEN

Assessed Value$369,100

Land Value$134,000

Building Value$235,100

Annual Tax$1,112

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

3 permits on record since 2019 · $6K total declared value · Most recent: Aug 2024 (remodel)

RemodelAug 2024Closed

$6K

Wolf River Electric

ResJan 2019Closed

FIRESIDE HEARTH AND HOME

ResJan 2019Closed

FIRESIDE HEARTH AND HOME

Source: Minneapolis open data. Declared construction values are applicant-reported and may not reflect actual project cost.

Neighborhood Profile

Hiawatha · Minneapolis

Median reported rent1,127/mo

Renter-occupied37.3%

Median home value$308K

Vacancy rate0.0%

ACS rents reflect current tenant leases and may differ from new market rents.

Source: 2022 ACS 5-Year Estimates · Census Tract 1104

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 depth0 ft

Area~4 sqft

Lot dimensions are insufficient for the standard setbacks shown.

Estimates based on typical zoning setbacks. Actual requirements may vary by lot, overlay, or conditional approval.

Development Feasibility

Potentially Feasible

Back-of-envelope estimate based on sfr / adu benchmarks for 4 sqft buildable area.

Est. units

Yield on cost

7.5%

Spread

+2.0%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
4252 42ND AVE S MINNEAPOLIS MN 55406	REBECCA MILLER/KEVIN MILLER	RESIDENTIAL	$322,200	40 ft
4248 42ND AVE S MINNEAPOLIS MN 55406	JESSE G SARGENT	RESIDENTIAL	$273,000	80 ft
4300 42ND AVE S MINNEAPOLIS MN 55406	LEE A KAFKA	RESIDENTIAL	$172,100	101 ft
4244 42ND AVE S MINNEAPOLIS MN 55406	TRACY A ROLOFF	RESIDENTIAL	$309,900	120 ft
4257 41ST AVE S MINNEAPOLIS MN 55406	DANIEL P MCGRATH SR	RESIDENTIAL	$218,500	140 ft
4304 42ND AVE S MINNEAPOLIS MN 55406	STEVEN M HAWKE	RESIDENTIAL	$196,900	144 ft
4253 41ST AVE S MINNEAPOLIS MN 55406	P REYES/P REYES ETAL	RESIDENTIAL	$289,000	146 ft
4240 42ND AVE S MINNEAPOLIS MN 55406	LEAH L ROGERS ET AL	RESIDENTIAL	$270,300	160 ft
4249 41ST AVE S MINNEAPOLIS MN 55406	JUDY A SCHREIFELS	RESIDENTIAL	$331,900	161 ft
4301 41ST AVE S MINNEAPOLIS MN 55406	ANDREW J ADELMANN	RESIDENTIAL	$353,100	174 ft

Property History

Current Tax Year

Year2026

Tax Due$1,112