3940 CLINTON AVE MINNEAPOLIS MN 55409

PID: 1002824110036

Property Overview

Parcel ID1002824110036

Lot Size5,215 sq ft (0.120 ac)

Lot Dimensions (est.)130 ft wide × 40 ft deep

Year Built1927

Property ClassRESIDENTIAL

OwnerTRAVIS JEROME BALZ

Assessed Value$339,900

Land Value$96,000

Building Value$243,900

Annual Tax$5,037

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Development Opportunities

High-Frequency Transit (5-min walk)High

Within a 5-minute walk of a high-frequency LRT or BRT stop — a positive factor for density bonuses and Met Council Livable Communities grant scoring.

Metro Council — Livable Communities ↗

Potential programs

Met Council Livable Communities GrantMedium

Competitive grants for affordable housing and transit-oriented development near high-frequency transit; proximity to LRT/BRT is a key scoring factor.

Metro Council — Livable Communities ↗

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

Permit History

No permits found in Minneapolis open data for this parcel.

Neighborhood Profile

Minneapolis

Median reported rent1,596/mo

Renter-occupied18.9%

Median home value$283K

Vacancy rate12.9%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 1100

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 width30 ft

Buildable depth90 ft

Area~2,711 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 2,711 sqft buildable area.

Est. units

Yield on cost

2.7%

Spread

-2.8%

Loading map…

Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
3936 CLINTON AVE MINNEAPOLIS MN 55409	MOLINA INVESTMENT GROUP LLC	RESIDENTIAL	$270,300	40 ft
3944 CLINTON AVE MINNEAPOLIS MN 55409	JANE MCFALL WISEMAN	RESIDENTIAL	$320,200	40 ft
3932 CLINTON AVE MINNEAPOLIS MN 55409	RADOINE GHARIBI	RESIDENTIAL	$212,400	80 ft
3948 CLINTON AVE MINNEAPOLIS MN 55409	ST LEONARD OF PT MAURICE CH	LAND-COMMERCIAL	$0	115 ft
3928 CLINTON AVE MINNEAPOLIS MN 55409	B RODRIGUEZ & E HERNANDEZ	RESIDENTIAL	$395,300	120 ft
3941 3RD AVE S MINNEAPOLIS MN 55409	M WORTH & A S WORTH	RESIDENTIAL	$308,900	142 ft
3937 3RD AVE S MINNEAPOLIS MN 55409	F BECKEL & E CORNWELL	RESIDENTIAL	$336,000	147 ft
3945 3RD AVE S MINNEAPOLIS MN 55409	TERESA C LEWIS	RESIDENTIAL	$256,100	148 ft
3924 CLINTON AVE MINNEAPOLIS MN 55409	MADISON AVE HOMES LLC	RESIDENTIAL	$280,000	160 ft
3933 3RD AVE S MINNEAPOLIS MN 55409	GRANT F HIPP	RESIDENTIAL	$177,000	163 ft

Property History

Most Recent Sale

Date202408

Price$358,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$5,037