4200 41ST AVE S MINNEAPOLIS MN 55406

PID: 0702823420074

Property Overview

Parcel ID0702823420074

Lot Size4,018 sq ft (0.092 ac)

Lot Dimensions (est.)128 ft wide × 31 ft deep

Year Built1921

Property ClassRESIDENTIAL

OwnerCORY BRANDON NESHEIM

Assessed Value$227,000

Land Value$117,000

Building Value$110,000

Annual Tax$3,148

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

2 permits on record since 2017 · Most recent: Mar 2026 (res)

ResMar 2026Closed

Hero Home Services LLC

ExistresNov 2017Closed

Midwest Radon Specialists LLC

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 width115 ft

Buildable depth0 ft

Area~1,618 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 1,618 sqft buildable area.

Est. units

Yield on cost

2.0%

Spread

-3.5%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
4204 41ST AVE S MINNEAPOLIS MN 55406	CONNIE S BELL	RESIDENTIAL	$308,700	36 ft
4208 41ST AVE S MINNEAPOLIS MN 55406	MATTHEW JOBE/ZACHARY TAYLOR	RESIDENTIAL	$362,700	76 ft
4018 42ND ST E MINNEAPOLIS MN 55406	NELSON FAMILY REV LIV TRUST	RESIDENTIAL	$354,000	116 ft
4212 41ST AVE S MINNEAPOLIS MN 55406	JONATHAN GAW & R WRIGHT	RESIDENTIAL	$391,100	116 ft
4201 40TH AVE S MINNEAPOLIS MN 55406	CARLY H DENT	RESIDENTIAL	$292,700	142 ft
4205 40TH AVE S MINNEAPOLIS MN 55406	L DUSEK & L SCHWARTZ	RESIDENTIAL	$336,300	147 ft
4150 41ST AVE S MINNEAPOLIS MN 55406	O J LARSON & J B LARSON	RESIDENTIAL	$640,000	156 ft
4216 41ST AVE S MINNEAPOLIS MN 55406	GREGORY HUNTER	RESIDENTIAL	$321,600	156 ft
4209 40TH AVE S MINNEAPOLIS MN 55406	J G COVEY & H A COVEY	RESIDENTIAL	$220,600	162 ft
4157 40TH AVE S MINNEAPOLIS MN 55406	L E DUSEK & W RADOMSKI	RESIDENTIAL	$401,700	182 ft

Property History

Most Recent Sale

Date201406

Price$99,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$3,148