4201 39TH AVE S MINNEAPOLIS MN 55406

PID: 0702823420132

Property Overview

Parcel ID0702823420132

Lot Size3,977 sq ft (0.091 ac)

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

Year Built1920

Property ClassRESIDENTIAL

OwnerV R MICHEL & K M BUECHNER

Assessed Value$291,000

Land Value$117,000

Building Value$174,000

Annual Tax$4,218

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

2 permits on record since 2023 · $17K total declared value · Most recent: Aug 2024 (misc)

MiscAug 2024Closed

$17K

NEW LIFE CONTRACTING INC

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 width115 ft

Buildable depth0 ft

Area~1,590 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 1,590 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 39TH AVE S MINNEAPOLIS MN 55406	BETH DONOHO KEENE	RESIDENTIAL	$300,200	35 ft
4209 39TH AVE S MINNEAPOLIS MN 55406	MACKENZY KUHLMANN	RESIDENTIAL	$213,000	76 ft
4213 39TH AVE S MINNEAPOLIS MN 55406	JOSEPH M WHEBBE	RESIDENTIAL	$237,500	115 ft
4155 39TH AVE S MINNEAPOLIS MN 55406	J L MANWORREN & E ROWELL	RESIDENTIAL	$371,000	116 ft
4200 40TH AVE S MINNEAPOLIS MN 55406	T PECH & A HARISON	RESIDENTIAL	$288,400	142 ft
4204 40TH AVE S MINNEAPOLIS MN 55406	PETER R HOEGER/DEBRA LERDAL	RESIDENTIAL	$337,600	146 ft
3837 42ND ST E MINNEAPOLIS MN 55406	JONATHAN EDWARD KIRCHHOFER	RESIDENTIAL	$252,900	152 ft
4217 39TH AVE S MINNEAPOLIS MN 55406	SUSAN A MCNAUGHTON	RESIDENTIAL	$297,100	155 ft
4151 39TH AVE S MINNEAPOLIS MN 55406	M F COURTEAU & C M COURTEAU	RESIDENTIAL	$383,800	156 ft
4208 40TH AVE S MINNEAPOLIS MN 55406	JEFFREY CHRISTOPHERSON ET AL	RESIDENTIAL	$316,700	160 ft

Property History

Most Recent Sale

Date201906

Price$250,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$4,218