3931 2ND AVE S MINNEAPOLIS MN 55409

PID: 1002824120153

Property Overview

Parcel ID1002824120153

Lot Size5,213 sq ft (0.120 ac)

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

Year Built1909

Property ClassRESIDENTIAL

OwnerT J HORINEK & R T HORINEK

Assessed Value$183,100

Land Value$76,000

Building Value$107,100

Annual Tax$2,834

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 ↗

Area of Concentrated PovertyHigh

In an ACP50 area — a Minneapolis priority designation that increases scoring for Great Streets gap financing, Affordable Housing Trust Fund, and other CPED programs.

Minneapolis — Affordable Housing Trust Fund ↗

Potential programs

Great Streets Gap FinancingMedium

Below-market loans for commercial real estate development and rehabilitation on eligible corridors; priority given to Green Zone and ACP50 locations.

Minneapolis Great Streets — Gap Financing ↗

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

Bryant · 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~2,710 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 2,710 sqft buildable area.

Est. units

Yield on cost

2.8%

Spread

-2.7%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
3935 2ND AVE S MINNEAPOLIS MN 55409	PAMELA CRISLER WILSON	RESIDENTIAL	$270,100	40 ft
3927 2ND AVE S MINNEAPOLIS MN 55409	LETICIA ARREGUIN	RESIDENTIAL	$230,100	40 ft
3939 2ND AVE S MINNEAPOLIS MN 55409	F O CALVILLO & M O CALVILLO	RESIDENTIAL	$246,100	80 ft
3925 2ND AVE S MINNEAPOLIS MN 55409	RICARDO RAMIREZ	RESIDENTIAL	$229,600	80 ft
3943 2ND AVE S MINNEAPOLIS MN 55409	ADAM DWYER	RESIDENTIAL-TWO UNIT	$307,900	120 ft
3919 2ND AVE S MINNEAPOLIS MN 55409	COMMUNITY HOUSING RESOURCES	RESIDENTIAL	$0	120 ft
3930 3RD AVE S MINNEAPOLIS MN 55409	ANNA KRUCHOWSKI	RESIDENTIAL	$267,600	142 ft
3934 3RD AVE S MINNEAPOLIS MN 55409	ANTHONY J TITUS/KAY L TITUS	RESIDENTIAL	$245,400	147 ft
3926 3RD AVE S MINNEAPOLIS MN 55409	JUDITH QUITERIO ZAVALETA	RESIDENTIAL	$262,800	148 ft
3947 2ND AVE S MINNEAPOLIS MN 55409	ANDREW CROWDER	RESIDENTIAL	$398,000	160 ft

Property History

Most Recent Sale

Date201304

Price$53,500

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$2,834