4257 41ST AVE S MINNEAPOLIS MN 55406

PID: 0702823420059

Property Overview

Parcel ID0702823420059

Lot Size5,066 sq ft (0.116 ac)

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

Year Built1922

Property ClassRESIDENTIAL

OwnerDANIEL P MCGRATH SR

Assessed Value$218,500

Land Value$141,000

Building Value$77,500

Annual Tax$3,005

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

3 permits on record since 2023 · $11K total declared value · Most recent: Apr 2024 (misc)

MiscApr 2024Closed

$2K

MINNESOTA REMODELING SOLUTIONS

MiscJan 2024Closed

$9K

MINNESOTA REMODELING SOLUTIONS

ResJul 2023Closed

CenterPoint Energy Resource Corp

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~2,339 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

Likely Infeasible

Back-of-envelope estimate based on sfr / adu benchmarks for 2,339 sqft buildable area.

Est. units

Yield on cost

1.5%

Spread

-4.0%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
4253 41ST AVE S MINNEAPOLIS MN 55406	P REYES/P REYES ETAL	RESIDENTIAL	$289,000	40 ft
4249 41ST AVE S MINNEAPOLIS MN 55406	JUDY A SCHREIFELS	RESIDENTIAL	$331,900	80 ft
4301 41ST AVE S MINNEAPOLIS MN 55406	ANDREW J ADELMANN	RESIDENTIAL	$353,100	101 ft
4245 41ST AVE S MINNEAPOLIS MN 55406	MICHAEL JENSEN	RESIDENTIAL	$254,400	120 ft
4124 43RD ST E MINNEAPOLIS MN 55406	A T & E R SANDEEN	RESIDENTIAL	$369,100	140 ft
4305 41ST AVE S MINNEAPOLIS MN 55406	K S WICKODA & E M WICKODA	RESIDENTIAL	$314,300	144 ft
4252 42ND AVE S MINNEAPOLIS MN 55406	REBECCA MILLER/KEVIN MILLER	RESIDENTIAL	$322,200	146 ft
4241 41ST AVE S MINNEAPOLIS MN 55406	DAVID LUTES & LINDA ERICKSON	RESIDENTIAL	$408,700	160 ft
4248 42ND AVE S MINNEAPOLIS MN 55406	JESSE G SARGENT	RESIDENTIAL	$273,000	162 ft
4300 42ND AVE S MINNEAPOLIS MN 55406	LEE A KAFKA	RESIDENTIAL	$172,100	172 ft

Property History

Most Recent Sale

Date201107

Price$34,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$3,005