4100 3RD AVE S MINNEAPOLIS MN 55409

PID: 1002824130033

Property Overview

Parcel ID1002824130033

Lot Size3,905 sq ft (0.090 ac)

Lot Dimensions (est.)130 ft wide × 30 ft deep

Year Built1926

Property ClassRESIDENTIAL

OwnerKATHLEEN M MOORE

Assessed Value$195,200

Land Value$80,000

Building Value$115,200

Annual Tax$2,615

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictUnknown

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

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

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 width117 ft

Buildable depth0 ft

Area~1,532 sqft

Lot dimensions are insufficient for the standard setbacks shown.

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 1,532 sqft buildable area.

Est. units

Yield on cost

2.3%

Spread

-3.2%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
4104 3RD AVE S MINNEAPOLIS MN 55409	GAGNON HOLDINGS LLC	RESIDENTIAL	$270,500	35 ft
4108 3RD AVE S MINNEAPOLIS MN 55409	MICHAEL KIEPE	RESIDENTIAL	$271,000	75 ft
4054 3RD AVE S MINNEAPOLIS MN 55409	R L ARNOLD & M S ROBINSON	RESIDENTIAL	$323,200	95 ft
4110 3RD AVE S MINNEAPOLIS MN 55409	RICHARD R BING	RESIDENTIAL	$232,300	115 ft
4050 3RD AVE S MINNEAPOLIS MN 55409	NASRA ISSA JIMALE	RESIDENTIAL	$480,200	135 ft
4101 2ND AVE S MINNEAPOLIS MN 55409	SUSAN BILLINGS	RESIDENTIAL	$256,300	142 ft
4105 2ND AVE S MINNEAPOLIS MN 55409	AUSTIN MEYERS	RESIDENTIAL	$337,600	148 ft
4114 3RD AVE S MINNEAPOLIS MN 55409	ANITA O'BRIEN/DENNIS O'BRIEN	RESIDENTIAL	$296,200	155 ft
4109 2ND AVE S MINNEAPOLIS MN 55409	BRIAN JACOX	RESIDENTIAL	$262,900	164 ft
4055 2ND AVE S MINNEAPOLIS MN 55409	K CASHMAN/B NELSON/J CASHMAN	RESIDENTIAL-TWO UNIT	$379,200	170 ft

Property History

Current Tax Year

Year2026

Tax Due$2,615