4528 43RD AVE S MINNEAPOLIS MN 55406

PID: 0702823440218

Property Overview

Parcel ID0702823440218

Lot Size5,066 sq ft (0.116 ac)

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

Year Built1913

Property ClassRESIDENTIAL

OwnerKAIA K ROBERTS

Assessed Value$354,000

Land Value$162,000

Building Value$192,000

Annual Tax$5,254

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

8 permits on record since 2018 · $38K total declared value · Most recent: Oct 2023 (res)

ResOct 2023Closed

CenterPoint Energy Resource Corp

ResOct 2023Closed

Dean's Professional Plumbing Inc

ExistresOct 2023Closed

Dean's Professional Plumbing Inc

RemodelAug 2019Closed

$31K

PUNCHLIST PROS INC

ExistresMay 2019Closed

Airic's Heating & Air Conditioning Inc

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

Neighborhood Profile

Hiawatha · Minneapolis

Median reported rent1,554/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 width30 ft

Buildable depth87 ft

Area~2,599 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 small multifamily (2–4 units, wood frame) benchmarks for 2,599 sqft buildable area.

Est. units

Yield on cost

3.4%

Spread

-2.1%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
4524 43RD AVE S MINNEAPOLIS MN 55406	A ZIMMERMAN & C HINTHER	RESIDENTIAL	$397,500	40 ft
4532 43RD AVE S MINNEAPOLIS MN 55406	SARAH HOWD	RESIDENTIAL	$305,100	40 ft
4520 43RD AVE S MINNEAPOLIS MN 55406	D H PETERSON & J PETERSON	RESIDENTIAL	$373,000	80 ft
4536 43RD AVE S MINNEAPOLIS MN 55406	K J HOGQUIST & M B MICHALETZ	RESIDENTIAL	$377,800	80 ft
4516 43RD AVE S MINNEAPOLIS MN 55406	GRANT HAGSTROM	RESIDENTIAL	$582,000	120 ft
4540 43RD AVE S MINNEAPOLIS MN 55406	MARY A SCHNABEL TRUST	RESIDENTIAL	$365,600	120 ft
4529 42ND AVE S MINNEAPOLIS MN 55406	JEFFREY A HAHN	RESIDENTIAL	$275,000	140 ft
4525 42ND AVE S MINNEAPOLIS MN 55406	A M WELCH & D L GOWER	RESIDENTIAL	$408,500	145 ft
4533 42ND AVE S MINNEAPOLIS MN 55406	D F FLICKER/A E GREELEY	RESIDENTIAL	$363,000	146 ft
4512 43RD AVE S MINNEAPOLIS MN 55406	ARIELLE J TURNER	RESIDENTIAL	$733,000	160 ft

Property History

Most Recent Sale

Date201609

Price$210,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$5,254