220 42ND ST E MINNEAPOLIS MN 55409

PID: 1002824130046

Property Overview

Parcel ID1002824130046

Lot Size10,435 sq ft (0.240 ac)

Lot Dimensions (est.)130 ft wide × 80 ft deep

Year Built1955

Property ClassRESIDENTIAL

OwnerWILLA GRANT BATTLE

Assessed Value$390,200

Land Value$123,000

Building Value$267,200

Annual Tax$5,880

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

1 permit on record since 2022 · Most recent: Sep 2022 (existres)

ExistresSep 2022Closed

CENTERPOINT ENERGY

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

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

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 depth40 ft

Area~4,700 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 4,700 sqft buildable area.

Est. units

Yield on cost

2.4%

Spread

-3.1%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
4146 3RD AVE S MINNEAPOLIS MN 55409	CHERE VOSBERG	RESIDENTIAL	$290,600	60 ft
4142 3RD AVE S MINNEAPOLIS MN 55409	NICHOLAS AXBERG ET AL	RESIDENTIAL	$246,900	100 ft
4138 3RD AVE S MINNEAPOLIS MN 55409	DENNIS URBINA	RESIDENTIAL	$177,100	140 ft
4151 2ND AVE S MINNEAPOLIS MN 55409	ELENA LAVORATO/ANN LAVORATO	RESIDENTIAL	$282,600	143 ft
215 42ND ST E MINNEAPOLIS MN 55409	TAGSTROM PROPERTIES LLC	RESIDENTIAL	$155,100	143 ft
4155 2ND AVE S MINNEAPOLIS MN 55409	S FRAMPTON & L FRAMPTON	RESIDENTIAL	$281,700	144 ft
4147 2ND AVE S MINNEAPOLIS MN 55409	LOTUS M SMASAL	RESIDENTIAL	$258,500	154 ft
4143 2ND AVE S MINNEAPOLIS MN 55409	GEORGE R LOHR	RESIDENTIAL	$246,300	179 ft
4134 3RD AVE S MINNEAPOLIS MN 55409	AMBER DAWN KOUAME	RESIDENTIAL	$275,800	180 ft
4206 3RD AVE S MINNEAPOLIS MN 55409	WILLIAM RICHARD INCE	RESIDENTIAL	$204,000	180 ft

Property History

Current Tax Year

Year2026

Tax Due$5,880