2928 43RD ST W MINNEAPOLIS MN 55410

PID: 0802824420063

Property Overview

Parcel ID0802824420063

Lot Size13,092 sq ft (0.301 ac)

Lot Dimensions (est.)102 ft wide × 128 ft deep

Year Built1900

Property ClassRESIDENTIAL

OwnerS J COVERT & A MEYERRING

Assessed Value$968,700

Land Value$500,000

Building Value$468,700

Annual Tax$16,578

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

2 permits on record since 2010 · $170K total declared value · Most recent: Feb 2025 (existres)

ExistresFeb 2025Closed

STAFFORD HOME SERVICE

Building Re-inspectionSep 2010

$170K

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 width89 ft

Buildable depth88 ft

Area~7,861 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 7,861 sqft buildable area.

Est. units

Yield on cost

2.6%

Spread

-2.9%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
2920 43RD ST W MINNEAPOLIS MN 55410	J A KALLESTAD/M K SIDENBERG	RESIDENTIAL	$712,700	75 ft
4243 WASHBURN AVE S MINNEAPOLIS MN 55410	JAMES RYAN & NINA RYAN	RESIDENTIAL	$914,600	89 ft
4241 WASHBURN AVE S MINNEAPOLIS MN 55410	G J KAROS & J S KAROS	RESIDENTIAL	$1,553,200	130 ft
3000 43RD ST W MINNEAPOLIS MN 55410	M C SCHMID & S SCHMID	RESIDENTIAL	$622,100	139 ft
4248 VINCENT AVE S MINNEAPOLIS MN 55410	PATRICK J O'BRIEN ET AL	RESIDENTIAL	$681,700	177 ft
4237 WASHBURN AVE S MINNEAPOLIS MN 55410	SAMUEL B CRONE/HOLLY H CRONE	RESIDENTIAL	$1,138,000	178 ft
3006 43RD ST W MINNEAPOLIS MN 55410	J E RECTOR & L A BIGAOUETTE	RESIDENTIAL	$576,100	185 ft
2900 43RD ST W MINNEAPOLIS MN 55410	COUNTY OF HENNEPIN	COMMERCIAL-PREFERRED	$0	186 ft
4244 VINCENT AVE S MINNEAPOLIS MN 55410	BRETT J/BRITTANY R HAUSER	RESIDENTIAL	$800,100	193 ft
4240 WASHBURN AVE S MINNEAPOLIS MN 55410	JUSTIN PAGE & CHRISTINE PAGE	RESIDENTIAL	$576,400	198 ft

Property History

Most Recent Sale

Date200907

Price$100

TypeOTHER – SEE CERTIFICATE OF REAL ESTATE VALUE (CRV)

Current Tax Year

Year2026

Tax Due$16,578