4456 46TH AVE S MINNEAPOLIS MN 55406

PID: 0702823440104

Property Overview

Parcel ID0702823440104

Lot Size5,067 sq ft (0.116 ac)

Lot Dimensions (est.)126 ft wide × 40 ft deep

Year Built1920

Property ClassRESIDENTIAL

OwnerD W JENSEN & J K YOUNG

Assessed Value$381,700

Land Value$154,000

Building Value$227,700

Annual Tax$5,911

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

3 permits on record since 2023 · $25K total declared value · Most recent: Jul 2025 (existres)

ExistresJul 2025Closed

Standard Heating and Air Conditioning Inc

AccessorySep 2024Closed

$25K

SUSSEL CORP

ResOct 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 rent1,554/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

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 width113 ft

Buildable depth0 ft

Area~2,340 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 small multifamily (2–4 units, wood frame) benchmarks for 2,340 sqft buildable area.

Est. units

Yield on cost

3.7%

Spread

-1.8%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
4452 46TH AVE S MINNEAPOLIS MN 55406	J P MCKERNON & K A CLAYTON	RESIDENTIAL	$369,600	40 ft
4448 46TH AVE S MINNEAPOLIS MN 55406	FRANK ALARCON	RESIDENTIAL	$312,000	80 ft
4500 46TH AVE S MINNEAPOLIS MN 55406	JULIE DORN	RESIDENTIAL-TWO UNIT	$367,700	101 ft
4444 46TH AVE S MINNEAPOLIS MN 55406	JANE M ADAMSON	RESIDENTIAL	$336,400	120 ft
4457 45TH AVE S MINNEAPOLIS MN 55406	G J DAVIS & M E DAVIS	RESIDENTIAL	$489,400	141 ft
4504 46TH AVE S MINNEAPOLIS MN 55406	CATHERINE A CORRIGAN	RESIDENTIAL	$313,300	142 ft
4453 45TH AVE S MINNEAPOLIS MN 55406	LARK LEWIS	RESIDENTIAL	$348,800	146 ft
4440 46TH AVE S MINNEAPOLIS MN 55406	MARIA A MANION	RESIDENTIAL	$346,700	160 ft
4449 45TH AVE S MINNEAPOLIS MN 55406	DOUGLAS ARTHUR RUDE TRUST	RESIDENTIAL	$397,300	161 ft
4501 45TH AVE S MINNEAPOLIS MN 55406	MARY S WHITE	RESIDENTIAL	$402,000	174 ft

Property History

Most Recent Sale

Date200606

Price$289,900

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$5,911