4421 46TH AVE S MINNEAPOLIS MN 55406

PID: 0802823330102

Property Overview

Parcel ID0802823330102

Lot Size5,000 sq ft (0.115 ac)

Lot Dimensions (est.)125 ft wide × 40 ft deep

Year Built1912

Property ClassRESIDENTIAL

OwnerK H BERLIN & K R DANIELS

Assessed Value$337,000

Land Value$153,000

Building Value$184,000

Annual Tax$5,249

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

6 permits on record since 2020 · $22K total declared value · Most recent: Sep 2025 (misc)

MiscSep 2025Closed

$1K

CREW2 INC

ResFeb 2024Closed

CenterPoint Energy Resource Corp

MiscSep 2023Closed

$11K

Renda the Roofer

MiscJul 2022Closed

$9K

RENEWAL BY ANDERSEN CORP

ResFeb 2022Closed

Urban Pine Plumbing and Mechanical 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 depth85 ft

Area~2,549 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 2,549 sqft buildable area.

Est. units

Yield on cost

3.5%

Spread

-2.0%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
4425 46TH AVE S MINNEAPOLIS MN 55406	BRIAN J LEVENDOWSKI ET AL	RESIDENTIAL	$392,700	40 ft
4417 46TH AVE S MINNEAPOLIS MN 55406	D J & L A FALBAUM	RESIDENTIAL	$312,000	40 ft
4429 46TH AVE S MINNEAPOLIS MN 55406	GREGORY MURRAY ET AL	RESIDENTIAL	$406,200	80 ft
4415 46TH AVE S MINNEAPOLIS MN 55406	KWOK HO & KAREN HO	RESIDENTIAL	$310,000	80 ft
4433 46TH AVE S MINNEAPOLIS MN 55406	DAVID S SCHLUCHTER	RESIDENTIAL-TWO UNIT	$385,000	120 ft
4409 46TH AVE S MINNEAPOLIS MN 55406	PAUL D SORENSON	RESIDENTIAL	$363,000	120 ft
4420 47TH AVE S MINNEAPOLIS MN 55406	W C ANDERSON & J P ANDERSON	RESIDENTIAL	$352,600	139 ft
4416 47TH AVE S MINNEAPOLIS MN 55406	SUSAN E MCCALLUM	RESIDENTIAL	$294,000	144 ft
4424 47TH AVE S MINNEAPOLIS MN 55406	STACY FAY & RUSS FAY	RESIDENTIAL	$378,200	144 ft
4412 47TH AVE S MINNEAPOLIS MN 55406	D W COLLARD & E F N COLLARD	RESIDENTIAL	$433,200	160 ft

Property History

Most Recent Sale

Date201508

Price$185,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$5,249