401 41ST ST E MINNEAPOLIS MN 55409

PID: 1002824140126

Property Overview

Parcel ID1002824140126

Lot Size33,223 sq ft (0.763 ac)

Lot Dimensions (est.)132 ft wide × 252 ft deep

Year Built1952

Property ClassCOMMERCIAL-PREFERRED

OwnerST PETERS A M E CHURCH

Assessed Value$0

Land Value$0

Building Value$0

Annual Tax$2,863

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

2 permits on record since 2017 · Most recent: Oct 2020 (tempheat)

TempheatOct 2020Closed

E5 Energy LLC

ResJan 2017Closed

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

UN3Urban Neighborhood 3

Urban Neighborhood 3 — medium-density residential

Typical Uses

·Apartment buildings
·Mixed-use with neighborhood retail

Max Height50 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.)10 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width117 ft

Buildable depth212 ft

Area~14,989 sqft

Estimates based on typical zoning setbacks. Actual requirements may vary by lot, overlay, or conditional approval.

Development Feasibility

Land value unavailable — feasibility estimate requires an assessed land value to calculate total development cost.

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
4108 5TH AVE S MINNEAPOLIS MN 55409	MARIA ELENA JOHNSON	RESIDENTIAL	$255,100	102 ft
4112 5TH AVE S MINNEAPOLIS MN 55409	YER YANG	RESIDENTIAL	$273,800	122 ft
4117 4TH AVE S MINNEAPOLIS MN 55409	M J MARSHALL ET AL REV TRUST	RESIDENTIAL	$297,100	129 ft
4116 5TH AVE S MINNEAPOLIS MN 55409	OPHELIA MADISON CLYBURN	RESIDENTIAL	$207,000	152 ft
4053 4TH AVE S MINNEAPOLIS MN 55409	ST PETERS AFRICAN METH EPISC	VACANT LAND-RESIDENTIAL	$0	158 ft
4121 4TH AVE S MINNEAPOLIS MN 55409	T M HENDERSON/A L HENDERSON	RESIDENTIAL	$242,200	169 ft
440 41ST ST E MINNEAPOLIS MN 55409	WILLIE J HALL	RESIDENTIAL	$255,000	180 ft
4120 5TH AVE S MINNEAPOLIS MN 55409	CLAUDIA BRAND & EMILY BRAND	RESIDENTIAL	$255,700	187 ft
4049 4TH AVE S MINNEAPOLIS MN 55409	L P B PILLAJO & M M T ONCE	RESIDENTIAL	$301,800	198 ft
4125 4TH AVE S MINNEAPOLIS MN 55409	M UTECHT/K KLIEST	RESIDENTIAL	$321,700	210 ft

Property History

Current Tax Year

Year2026

Tax Due$2,863