4201 40TH AVE S MINNEAPOLIS MN 55406

PID: 0702823420103

Property Overview

Parcel ID0702823420103

Lot Size4,006 sq ft (0.092 ac)

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

Year Built1933

Property ClassRESIDENTIAL

OwnerCARLY H DENT

Assessed Value$292,700

Land Value$117,000

Building Value$175,700

Annual Tax$4,248

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

5 permits on record since 2017 · $12K total declared value · Most recent: Sep 2024 (misc)

MiscSep 2024Closed

$12K

DELTA ROOFING

ResJul 2023Closed

CenterPoint Energy Resource Corp

ExistresDec 2021Closed

Home Energy Center Inc

ExistresNov 2021Closed

Home Energy Center Inc

ResApr 2017Closed

CHAMPION PLUMBING 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~1,609 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 1,609 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
4205 40TH AVE S MINNEAPOLIS MN 55406	L DUSEK & L SCHWARTZ	RESIDENTIAL	$336,300	35 ft
4209 40TH AVE S MINNEAPOLIS MN 55406	J G COVEY & H A COVEY	RESIDENTIAL	$220,600	76 ft
4157 40TH AVE S MINNEAPOLIS MN 55406	L E DUSEK & W RADOMSKI	RESIDENTIAL	$401,700	116 ft
4215 40TH AVE S MINNEAPOLIS MN 55406	M GUNVALSON & E MOHRBACHER	RESIDENTIAL	$203,900	116 ft
4200 41ST AVE S MINNEAPOLIS MN 55406	CORY BRANDON NESHEIM	RESIDENTIAL	$227,000	142 ft
4204 41ST AVE S MINNEAPOLIS MN 55406	CONNIE S BELL	RESIDENTIAL	$308,700	146 ft
4217 40TH AVE S MINNEAPOLIS MN 55406	A F SANDOVAL & A D SANDOVAL	RESIDENTIAL	$265,300	155 ft
4151 40TH AVE S MINNEAPOLIS MN 55406	H G GOODRICH & D K STARK	RESIDENTIAL	$389,100	156 ft
4208 41ST AVE S MINNEAPOLIS MN 55406	MATTHEW JOBE/ZACHARY TAYLOR	RESIDENTIAL	$362,700	160 ft
4212 41ST AVE S MINNEAPOLIS MN 55406	JONATHAN GAW & R WRIGHT	RESIDENTIAL	$391,100	182 ft

Property History

Most Recent Sale

Date202107

Price$303,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$4,248