4401 43RD AVE S MINNEAPOLIS MN 55406

PID: 0702823440060

Property Overview

Parcel ID0702823440060

Lot Size5,366 sq ft (0.123 ac)

Lot Dimensions (est.)128 ft wide × 42 ft deep

Year Built1926

Property ClassRESIDENTIAL

OwnerJESSE STUBBINS/EVE STUBBINS

Assessed Value$399,300

Land Value$166,000

Building Value$233,300

Annual Tax$6,220

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

3 permits on record since 2020 · $36K total declared value · Most recent: Mar 2026 (remodel)

RemodelMar 2026Closed

$4K

EGRESS WINDOW GUY

MiscMay 2023Closed

$12K

Summit Construction Group

MiscAug 2020Closed

$21K

RENEWAL BY ANDERSEN CORP

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

Neighborhood Profile

Hiawatha · Minneapolis

Median reported rent1,554/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

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 depth2 ft

Area~2,545 sqft

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 2,545 sqft buildable area.

Est. units

Yield on cost

2.6%

Spread

-2.9%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
4405 43RD AVE S MINNEAPOLIS MN 55406	C C JONES & J A COLUMBUS	RESIDENTIAL	$283,000	41 ft
4409 43RD AVE S MINNEAPOLIS MN 55406	MICHELLE M THORSON	RESIDENTIAL	$361,200	81 ft
4355 43RD AVE S MINNEAPOLIS MN 55406	K S BLOCK & A E BLOCK	RESIDENTIAL	$753,600	103 ft
4415 43RD AVE S MINNEAPOLIS MN 55406	SCOTT CLASEN & TIA CLASEN	RESIDENTIAL	$766,700	121 ft
4400 44TH AVE S MINNEAPOLIS MN 55406	THE KLAUCK REV LIVING TRUST	RESIDENTIAL	$358,000	142 ft
4351 43RD AVE S MINNEAPOLIS MN 55406	J M MUGNAINI & E L WESTFALL	RESIDENTIAL	$708,000	146 ft
4404 44TH AVE S MINNEAPOLIS MN 55406	ALEXANDER E OLSON ET AL	RESIDENTIAL	$429,200	147 ft
4417 43RD AVE S MINNEAPOLIS MN 55406	PATRICIA S ENGSTRAND	RESIDENTIAL	$332,000	161 ft
4408 44TH AVE S MINNEAPOLIS MN 55406	TIMOTHY MCDONALD	RESIDENTIAL	$268,000	163 ft
4352 44TH AVE S MINNEAPOLIS MN 55406	MALISSA E KOHRMAN	RESIDENTIAL	$398,900	176 ft

Property History

Most Recent Sale

Date202110

Price$435,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$6,220