4039 SHERIDAN AVE S MINNEAPOLIS MN 55410

PID: 0802824140081

Property Overview

Parcel ID0802824140081

Lot Size8,500 sq ft (0.195 ac)

Lot Dimensions (est.)175 ft wide × 48 ft deep

Year Built1906

Property ClassRESIDENTIAL-TWO UNIT

OwnerREGINA A GLEASON TRUST

Assessed Value$804,000

Land Value$418,000

Building Value$386,000

Annual Tax$13,462

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

2 permits on record since 2018 · $14K total declared value · Most recent: Jul 2023 (misc)

MiscJul 2023Closed

$14K

Options Exteriors

ResNov 2018Closed

Hearth and Home Technologies 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

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 width40 ft

Buildable depth130 ft

Area~5,199 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 3-story wood frame (5–12 units) benchmarks for 5,199 sqft buildable area.

Est. units

Yield on cost

4.0%

Spread

-1.5%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
4043 SHERIDAN AVE S MINNEAPOLIS MN 55410	DAVID NELSON & EMILY NELSON	RESIDENTIAL	$833,700	50 ft
4035 SHERIDAN AVE S MINNEAPOLIS MN 55410	A SCHOENKE & M SCHOENKE	RESIDENTIAL	$787,900	50 ft
4031 SHERIDAN AVE S MINNEAPOLIS MN 55410	T RADUCHA-GRACE & K GOHLKE	RESIDENTIAL	$813,400	98 ft
4047 SHERIDAN AVE S MINNEAPOLIS MN 55410	R & J YUND	RESIDENTIAL	$390,000	100 ft
4027 SHERIDAN AVE S MINNEAPOLIS MN 55410	TIMOTHY L GUSTIN REV TRUST	RESIDENTIAL	$1,199,000	143 ft
4051 SHERIDAN AVE S MINNEAPOLIS MN 55410	P ETER J GEORGAS/M G GEORGAS	RESIDENTIAL	$728,600	151 ft
4038 LINDEN HILLS BLVD MINNEAPOLIS MN 55410	T J GUILLAUME & L GUILLAUME	RESIDENTIAL	$1,292,900	170 ft
4042 LINDEN HILLS BLVD MINNEAPOLIS MN 55410	N A CONNELLY & B M CONNELLY	RESIDENTIAL	$1,160,400	178 ft
4030 LINDEN HILLS BLVD MINNEAPOLIS MN 55410	RHONDA F HAYES TRUST	RESIDENTIAL	$1,743,000	181 ft
4023 SHERIDAN AVE S MINNEAPOLIS MN 55410	J T COSTELLO & H M COSTELLO	RESIDENTIAL	$872,900	188 ft

Property History

Most Recent Sale

Date201309

Price$457,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$13,462