4257 39TH AVE S MINNEAPOLIS MN 55406

PID: 0702823420118

Property Overview

Parcel ID0702823420118

Lot Size5,127 sq ft (0.118 ac)

Lot Dimensions (est.)128 ft wide × 40 ft deep

Year Built1918

Property ClassRESIDENTIAL

OwnerSHERYL WYMAN ET AL

Assessed Value$291,100

Land Value$141,000

Building Value$150,100

Annual Tax$4,220

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

2 permits on record since 2022 · $20K total declared value · Most recent: Jul 2023 (res)

ResJul 2023Closed

CenterPoint Energy Resource Corp

MiscJun 2022Closed

$20K

Grand Exteriors of Minnesota INC

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

Neighborhood Profile

Hiawatha · Minneapolis

Median reported rent1,127/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~2,381 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 2,381 sqft buildable area.

Est. units

Yield on cost

1.4%

Spread

-4.1%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
4253 39TH AVE S MINNEAPOLIS MN 55406	BESPOKE HOMES LLC	RESIDENTIAL	$265,000	40 ft
4249 39TH AVE S MINNEAPOLIS MN 55406	N R LOESCHER & J E LOESCHER	RESIDENTIAL	$290,200	80 ft
4245 39TH AVE S MINNEAPOLIS MN 55406	M C HEARN & J C GERARD	RESIDENTIAL	$724,000	120 ft
4258 40TH AVE S MINNEAPOLIS MN 55406	NOAH WAGNER	RESIDENTIAL	$269,500	142 ft
4252 40TH AVE S MINNEAPOLIS MN 55406	MICHAEL D DICK/LINDA J DICK	RESIDENTIAL	$644,000	148 ft
4241 39TH AVE S MINNEAPOLIS MN 55406	GRACE ANN BARTELS	RESIDENTIAL	$247,900	160 ft
4248 40TH AVE S MINNEAPOLIS MN 55406	A M CARTER & G J LYREK	RESIDENTIAL	$322,000	163 ft
3915 43RD ST E MINNEAPOLIS MN 55406	BENJAMIN T HABERMANN	RESIDENTIAL	$255,800	168 ft
3909 43RD ST E MINNEAPOLIS MN 55406	TRENT W WELLS/JEAN L PORTER	RESIDENTIAL	$457,000	168 ft
3905 43RD ST E MINNEAPOLIS MN 55406	D C GUMM & M A GUMM	RESIDENTIAL	$300,500	168 ft

Property History

Current Tax Year

Year2026

Tax Due$4,220