3845 BRYANT AVE S MINNEAPOLIS MN 55409

PID: 0902824110038

Property Overview

Parcel ID0902824110038

Lot Size19,832 sq ft (0.455 ac)

Lot Dimensions (est.)135 ft wide × 147 ft deep

Year Built1965

Property ClassAPARTMENT

OwnerJOHNSON INVESTMENT LLC ET AL

Assessed Value$2,342,600

Land Value$496,100

Building Value$1,846,500

Annual Tax$45,917

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Development Opportunities

Potentially 4d-Eligible PropertyMedium

Property type suggests multifamily rental use — may qualify for the Minneapolis 4d program, which reduces property taxes to ~0.25% in exchange for affordability commitments. Requires 3+ units and a current rental license.

Minneapolis — 4d Affordable Housing Incentive ↗

Signals are based on public datasets; program eligibility requires verification.

Permit History

1 permit on record since 2017 · Most recent: Mar 2017 (res)

ResMar 2017Closed

CENTERPOINT ENERGY

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

Neighborhood Profile

East Harriet · Minneapolis

Median reported rent1,253/mo

Renter-occupied32.9%

Median home value$403K

Vacancy rate4.7%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 1099

Market Snapshot

Zip code 55409

Median sale price$379K-21.6% YoY

Median price / sqft$218/sqft

Median days to close56 days

Active listings21

Source: Redfin Data Center (Invalid Date) · Zip 55409

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 width137 ft

Buildable depth95 ft

Area~13,003 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 13,003 sqft buildable area.

Est. units

Yield on cost

4.1%

Spread

-1.4%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
3833 BRYANT AVE S MINNEAPOLIS MN 55409	D & T MOCKROSS-JOHNSON	RESIDENTIAL	$380,800	94 ft
3853 BRYANT AVE S MINNEAPOLIS MN 55409	REARDON PROPERTIES LTD PTRSH	APARTMENT	$798,000	110 ft
812 39TH ST W MINNEAPOLIS MN 55409	B EFROIMSKIY & D PERESVETOVA	RESIDENTIAL	$401,300	111 ft
3840 ALDRICH AVE S MINNEAPOLIS MN 55409	J ROSSUM & B ROSSUM	RESIDENTIAL	$519,400	135 ft
3829 BRYANT AVE S MINNEAPOLIS MN 55409	PETER J ALLEN/KATHY Y ALLEN	RESIDENTIAL	$332,800	136 ft
810 39TH ST W MINNEAPOLIS MN 55409	DEIRDRE CULLEN	RESIDENTIAL	$371,500	137 ft
3844 ALDRICH AVE S MINNEAPOLIS MN 55409	BRENT JOHN NORGAARD	RESIDENTIAL	$406,900	139 ft
3836 ALDRICH AVE S MINNEAPOLIS MN 55409	J J BIRK & B R BIRK	RESIDENTIAL	$357,100	145 ft
3832 ALDRICH AVE S MINNEAPOLIS MN 55409	DAVID W PERRY/MOLLY B PERRY	RESIDENTIAL-TWO UNIT	$835,800	164 ft
3848 ALDRICH AVE S MINNEAPOLIS MN 55409	ELIZABETH KARAN	RESIDENTIAL	$420,300	166 ft

Property History

Most Recent Sale

Date202103

Price$1,242,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$45,917