4340 FREMONT AVE S MINNEAPOLIS MN 55409

PID: 0902824420032

Property Overview

Parcel ID0902824420032

Lot Size9,891 sq ft (0.227 ac)

Lot Dimensions (est.)143 ft wide × 69 ft deep

Year Built1908

Property ClassRESIDENTIAL

OwnerD R & K Q CARLSEN REV TRUSTS

Assessed Value$1,758,000

Land Value$558,000

Building Value$1,200,000

Annual Tax$31,508

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

3 permits on record since 2014 · $95K total declared value · Most recent: Nov 2024 (res)

ResNov 2024Closed

CenterPoint Energy Resource Corp

ExistresDec 2022Closed

Standard Heating and Air Conditioning Inc

Building Re-inspectionDec 2014

$95K

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

Neighborhood Profile

East Harriet · Minneapolis

Median reported rent1,676/mo

Renter-occupied16.2%

Median home value$633K

Vacancy rate4.8%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 107

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

UN1Urban Neighborhood 1

Urban Neighborhood 1 — low-density residential

Typical Uses

·Single-family homes
·Duplexes
·Accessory dwelling units

Max Height35 ft

Development Potential

Setbacks

Front20 ft

Side (each)5 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width65 ft

Buildable depth92 ft

Area~6,037 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 6,037 sqft buildable area.

Est. units

Yield on cost

2.5%

Spread

-3.0%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
4332 FREMONT AVE S MINNEAPOLIS MN 55409	D GILCHRIST/T N J GILCHRIST	RESIDENTIAL	$1,330,500	72 ft
4348 FREMONT AVE S MINNEAPOLIS MN 55409	B BECHTLE & COLLEEN BECHTLE	RESIDENTIAL	$1,823,200	85 ft
4326 FREMONT AVE S MINNEAPOLIS MN 55409	RAMESH NAVAB & SAMAN NAVAB	RESIDENTIAL	$1,354,900	158 ft
4341 E LAKE HARRIET PKWY MINNEAPOLIS MN 55409	TIMOTHY L & JODY J PRUETT	RESIDENTIAL	$2,164,600	158 ft
4329 E LAKE HARRIET PKWY MINNEAPOLIS MN 55409	ROBERT L GOODALE III	RESIDENTIAL	$1,642,300	162 ft
4339 FREMONT AVE S MINNEAPOLIS MN 55409	P A KOENIG & J W KOENIG	RESIDENTIAL	$1,234,900	194 ft
4349 FREMONT AVE S MINNEAPOLIS MN 55409	P S BRENNAN & M A BRENNAN	RESIDENTIAL	$2,299,000	214 ft
4354 FREMONT AVE S MINNEAPOLIS MN 55409	LILI CHESTER REV TRUST	RESIDENTIAL	$2,363,000	214 ft
4331 FREMONT AVE S MINNEAPOLIS MN 55409	DAVID A PLUT ET AL	RESIDENTIAL	$1,669,000	223 ft
4321 E LAKE HARRIET PKWY MINNEAPOLIS MN 55409	G G HELGESON & R P HELGESON	RESIDENTIAL	$1,672,900	234 ft

Property History

Most Recent Sale

Date198706

Price$239,000

TypeOTHER – SEE CERTIFICATE OF REAL ESTATE VALUE (CRV)

Current Tax Year

Year2026

Tax Due$31,508