4447 SNELLING AVE MINNEAPOLIS MN 55406

PID: 0702823430201

Property Overview

Parcel ID0702823430201

Lot Size6,678 sq ft (0.153 ac)

Lot Dimensions (est.)177 ft wide × 38 ft deep

Year Built1952

Property ClassRESIDENTIAL

OwnerB M MAURISAK & L A GOSS

Assessed Value$322,500

Land Value$120,000

Building Value$202,500

Annual Tax$4,729

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Development Opportunities

High-Frequency Transit (5-min walk)High

Within a 5-minute walk of a high-frequency LRT or BRT stop — a positive factor for density bonuses and Met Council Livable Communities grant scoring.

Metro Council — Livable Communities ↗

Potential programs

Met Council Livable Communities GrantMedium

Competitive grants for affordable housing and transit-oriented development near high-frequency transit; proximity to LRT/BRT is a key scoring factor.

Metro Council — Livable Communities ↗

Signals are based on public datasets; program eligibility requires verification.

Permit History

4 permits on record since 2021 · Most recent: Sep 2023 (existres)

ExistresSep 2023Closed

ST PAUL PLUMBING AND HEATING CO INC

ResMar 2022Closed

Francis Olsem

ExistresOct 2021Closed

Francis Olsem

ResApr 2021Closed

MR ROOTER PLUMBING OF THE TWIN CITIES

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

Neighborhood Profile

Hiawatha · Minneapolis

Median reported rent1,554/mo

Renter-occupied38.8%

Median home value$306K

Vacancy rate5.9%

ACS rents reflect current tenant leases and may differ from new market rents.

Source: 2022 ACS 5-Year Estimates · Census Tract 1105

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

UN2Urban Neighborhood 2

Urban Neighborhood 2 — moderate-density residential

Typical Uses

·Duplexes
·Triplexes
·Small apartment buildings (≤4 units)

Max Height35 ft

Development Potential

Setbacks

Front20 ft

Side (each)5 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width33 ft

Buildable depth115 ft

Area~99 sqft

Estimates based on typical zoning setbacks. Actual requirements may vary by lot, overlay, or conditional approval.

Development Feasibility

Potentially Feasible

Back-of-envelope estimate based on sfr / adu benchmarks for 99 sqft buildable area.

Est. units

Yield on cost

7.1%

Spread

+1.6%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
4443 SNELLING AVE MINNEAPOLIS MN 55406	JOSHUA J HILL	RESIDENTIAL	$310,000	46 ft
3804 45TH ST E MINNEAPOLIS MN 55406	RONALD E RENNEBERG & WIFE	RESIDENTIAL	$241,000	70 ft
4455 SNELLING AVE MINNEAPOLIS MN 55406	RASHID NASIM	RESIDENTIAL	$260,900	72 ft
4439 SNELLING AVE MINNEAPOLIS MN 55406	S G HAMMILL & S C HAMMILL	RESIDENTIAL	$299,300	94 ft
3808 45TH ST E MINNEAPOLIS MN 55406	J M JAUQUET & H T M JAUQUET	RESIDENTIAL	$272,300	102 ft
4435 SNELLING AVE MINNEAPOLIS MN 55406	RICH HASTINGS/LUCY I KROKUM	RESIDENTIAL	$358,100	141 ft
4438 MINNEHAHA AVE MINNEAPOLIS MN 55406	AUDREY A WESSALE	RESIDENTIAL-TWO UNIT	$383,300	167 ft
4434 MINNEHAHA AVE MINNEAPOLIS MN 55406	LUIS D GUERRERO ETAL	RESIDENTIAL-TWO UNIT	$400,400	182 ft
4444 MINNEHAHA AVE MINNEAPOLIS MN 55406	FALLS 44 LLC	APARTMENT	$3,916,000	183 ft
4431 SNELLING AVE MINNEAPOLIS MN 55406	D ANDERSON & J ANDERSON	RESIDENTIAL	$297,000	189 ft

Property History

Most Recent Sale

Date202305

Price$390,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$4,729