2718 40TH ST W MINNEAPOLIS MN 55410

PID: 0802824120149

Property Overview

Parcel ID0802824120149

Lot Size7,304 sq ft (0.168 ac)

Lot Dimensions (est.)59 ft wide × 124 ft deep

Year Built1957

Property ClassRESIDENTIAL-TWO UNIT

OwnerMARA C BRUST

Assessed Value$1,069,800

Land Value$400,000

Building Value$669,800

Annual Tax$18,490

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

7 permits on record since 2002 · $682K total declared value · Most recent: Jun 2025 (existres)

ExistresJun 2025Closed

Dean's Professional Plumbing Inc

ResMay 2022Closed

Master Plumbing Services LLC

ExistresMay 2022Closed

Perfection Heating and Air Conditioning Inc

AccessoryApr 2022Closed

$232K

WHITE CRANE CONSTRUCTION

ResMar 2022Closed

Master Plumbing Services LLC

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

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 width46 ft

Buildable depth84 ft

Area~3,862 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 3,862 sqft buildable area.

Est. units

Yield on cost

2.3%

Spread

-3.2%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
2712 40TH ST W MINNEAPOLIS MN 55410	ANDREW P MILLER REV TR ET AL	RESIDENTIAL	$1,095,400	67 ft
3935 UPTON AVE S MINNEAPOLIS MN 55410	HARTMUT DURCHSCHLAG	RESIDENTIAL	$590,400	106 ft
2802 40TH ST W MINNEAPOLIS MN 55410	PAUL T & JEAN W JOHNSON	RESIDENTIAL	$771,900	118 ft
2708 40TH ST W MINNEAPOLIS MN 55410	GARY O BENSON FAMILY TRUST	RESIDENTIAL	$1,519,200	133 ft
3927 UPTON AVE S MINNEAPOLIS MN 55410	RALPH R JEAN-PIERRE	RESIDENTIAL	$637,000	155 ft
4000 UPTON AVE S MINNEAPOLIS MN 55410	ALAN W LEE & MEGAN JB LEE	RESIDENTIAL	$554,800	168 ft
3934 UPTON AVE S MINNEAPOLIS MN 55410	JUNG LEE KIM REV LIV TRUST	RESIDENTIAL	$662,600	179 ft
2808 40TH ST W MINNEAPOLIS MN 55410	JOSHUA CUTLER/ASHLEY CUTLER	RESIDENTIAL	$1,495,600	185 ft
3932 THOMAS AVE S MINNEAPOLIS MN 55410	KIP JON BRETTINGEN REV TRU	RESIDENTIAL	$787,900	186 ft
2704 40TH ST W MINNEAPOLIS MN 55410	KEITH R FOX 2010 REVOC TRUST	RESIDENTIAL	$1,194,400	187 ft

Property History

Most Recent Sale

Date201904

Price$995,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$18,490