3938 SHERIDAN AVE S MINNEAPOLIS MN 55410

PID: 0802824110053

Property Overview

Parcel ID0802824110053

Lot Size1,052 sq ft (0.024 ac)

Lot Dimensions (est.)34 ft wide × 31 ft deep

Year Built1912

Property ClassRESIDENTIAL

OwnerE C & A G CANTRELL

Assessed Value$264,000

Land Value$65,000

Building Value$199,000

Annual Tax$3,753

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

4 permits on record since 2020 · $10K total declared value · Most recent: Apr 2023 (misc)

MiscApr 2023Closed

$10K

SID FEATHERSTONE CONSTRUCTION LLC

ExistresApr 2022Closed

STAFFORD HOME SERVICE

ResJan 2021Closed

Norblom Plumbing Co

ExistresDec 2020Closed

Standard Heating and Air Conditioning Inc

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

Neighborhood Profile

Linden Hills · Minneapolis

Median reported rent1,434/mo

Renter-occupied58.4%

Median home value$420K

Vacancy rate3.0%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 1091

Market Snapshot

Zip code 55410

Median sale price$626K+10.3% YoY

Median price / sqft$312/sqft

Median days to close30 days

Active listings56

Source: Redfin Data Center (Invalid Date) · Zip 55410

Zoning

UN3Urban Neighborhood 3

Urban Neighborhood 3 — medium-density residential

Typical Uses

·Apartment buildings
·Mixed-use with neighborhood retail

Max Height50 ft

Development Potential

Setbacks

Front20 ft

Side (each)5 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width24 ft

Buildable depth0 ft

Area~141 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

Potentially Feasible

Back-of-envelope estimate based on sfr / adu benchmarks for 141 sqft buildable area.

Est. units

Yield on cost

10.3%

Spread

+4.8%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
3942 SHERIDAN AVE S MINNEAPOLIS MN 55410	BRENDA IRENE BRAGET	APARTMENT	$685,700	62 ft
2606 40TH ST W MINNEAPOLIS MN 55410	CHRISTINE F DUFFY TRUST	RESIDENTIAL	$1,401,000	62 ft
3936 SHERIDAN AVE S MINNEAPOLIS MN 55410	C O GLENN & J L GLENN	RESIDENTIAL	$601,600	69 ft
2608 40TH ST W MINNEAPOLIS MN 55410	EFFENDI ORTIZ-TORO	RESIDENTIAL	$600,000	103 ft
3937 SHERIDAN AVE S MINNEAPOLIS MN 55410	JOSEPH D CROSS	RESIDENTIAL	$502,300	111 ft
2520 40TH ST W MINNEAPOLIS MN 55410	WEST 40TH ST HOMESTEAD TRUST	RESIDENTIAL	$504,000	120 ft
3926 SHERIDAN AVE S MINNEAPOLIS MN 55410	J HORMANN & L D M HOR	RESIDENTIAL-TWO UNIT	$703,500	128 ft
3933 SHERIDAN AVE S MINNEAPOLIS MN 55410	JOHN A MUELLER	RESIDENTIAL	$492,100	140 ft
2612 40TH ST W MINNEAPOLIS MN 55410	2612 40TH STREET WEST LLC	RESIDENTIAL-TWO UNIT	$727,000	149 ft
2514 40TH ST W MINNEAPOLIS MN 55410	PAUL GOTLIEB & LINDA GOTLIEB	RESIDENTIAL	$630,300	159 ft

Property History

Most Recent Sale

Date201310

Price$250,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$3,753