3602 40TH ST W MINNEAPOLIS MN 55410

PID: 0802824220030

Property Overview

Parcel ID0802824220030

Lot Size5,898 sq ft (0.135 ac)

Lot Dimensions (est.)50 ft wide × 119 ft deep

Year Built2010

Property ClassRESIDENTIAL

OwnerA ROLETT & K BIEGING-ROLETT

Assessed Value$1,024,800

Land Value$331,000

Building Value$693,800

Annual Tax$17,638

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

2 permits on record since 2010 · $583K total declared value · Most recent: Jun 2019 (res)

ResJun 2019Closed

Rascher Plumbing and Heating Inc

BinbAug 2010

$583K

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

Neighborhood Profile

Linden Hills · Minneapolis

Median reported rent1,497/mo

Renter-occupied23.6%

Median home value$666K

Vacancy rate2.8%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 1098

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 width37 ft

Buildable depth79 ft

Area~2,892 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 2,892 sqft buildable area.

Est. units

Yield on cost

2.0%

Spread

-3.5%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
3606 40TH ST W MINNEAPOLIS MN 55410	GAIL A REINKE REVOC TRUST	RESIDENTIAL	$851,500	44 ft
3610 40TH ST W MINNEAPOLIS MN 55410	SHERYL R GRASSIE	RESIDENTIAL	$519,900	84 ft
3944 CHOWEN AVE S MINNEAPOLIS MN 55410	ANNA O MOORE & DAVID O MOORE	RESIDENTIAL	$500,900	89 ft
3940 CHOWEN AVE S MINNEAPOLIS MN 55410	CATHERINE PENCE	RESIDENTIAL	$477,900	126 ft
3951 CHOWEN AVE S MINNEAPOLIS MN 55410	B R HUTTER & L B HUTTER	RESIDENTIAL	$845,400	148 ft
3955 CHOWEN AVE S MINNEAPOLIS MN 55410	R T TILBURY REVOCABLE TRUST	RESIDENTIAL	$427,200	153 ft
3947 CHOWEN AVE S MINNEAPOLIS MN 55410	M R JASPERSON & J JASPERSON	RESIDENTIAL	$815,000	157 ft
3936 CHOWEN AVE S MINNEAPOLIS MN 55410	ANTOINE NOEL & LAUREN NOEL	RESIDENTIAL	$484,700	165 ft
3943 CHOWEN AVE S MINNEAPOLIS MN 55410	E M CARDINAL & J CARDINAL	RESIDENTIAL	$984,500	181 ft
3953 DREW AVE S MINNEAPOLIS MN 55410	MARY P WITKOSKI	RESIDENTIAL	$582,300	182 ft

Property History

Most Recent Sale

Date202103

Price$995,000

Type—

Current Tax Year

Year2026

Tax Due$17,638