3848 BLAISDELL AVE MINNEAPOLIS MN 55409

PID: 1002824210040

Property Overview

Parcel ID1002824210040

Lot Size6,326 sq ft (0.145 ac)

Lot Dimensions (est.)150 ft wide × 42 ft deep

Year Built1914

Property ClassRESIDENTIAL

OwnerJEFFREY A WOOD/PAMELA P WOOD

Assessed Value$484,200

Land Value$164,000

Building Value$320,200

Annual Tax$7,454

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

7 permits on record since 2017 · $35K total declared value · Most recent: Jan 2025 (res)

ResJan 2025Closed

CenterPoint Energy Resource Corp

ResMay 2022Closed

Warners Stellian Co Inc

ExistresOct 2021Closed

TEAM MECHANICAL INC

ResOct 2021Closed

Gust Plumbing Inc

RemodelAug 2021Closed

$25K

CRAFT CONSTRUCTION LLC

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

Neighborhood Profile

King Field · Minneapolis

Median reported rent1,253/mo

Renter-occupied32.9%

Median home value$403K

Vacancy rate4.7%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 1099

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 width32 ft

Buildable depth111 ft

Area~3,539 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 3,539 sqft buildable area.

Est. units

Yield on cost

2.0%

Spread

-3.5%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
3852 BLAISDELL AVE MINNEAPOLIS MN 55409	R V PLANT & A Z PLANT	RESIDENTIAL	$424,200	42 ft
3844 BLAISDELL AVE MINNEAPOLIS MN 55409	C L MILLER & L J MILLER	RESIDENTIAL	$386,800	42 ft
3838 BLAISDELL AVE MINNEAPOLIS MN 55409	JOHN RIELY & RACINE HANSEN	RESIDENTIAL	$524,100	84 ft
3856 BLAISDELL AVE MINNEAPOLIS MN 55409	KRISTI K ANDERSON	RESIDENTIAL	$406,000	84 ft
118 39TH ST W MINNEAPOLIS MN 55409	MARK P DOUGHERTY	RESIDENTIAL	$406,500	119 ft
3834 BLAISDELL AVE MINNEAPOLIS MN 55409	W T ZABRISKIE/K K ZABRISKIE	RESIDENTIAL	$456,400	126 ft
122 39TH ST W MINNEAPOLIS MN 55409	D YOUNG & J HUTSON	RESIDENTIAL	$320,000	156 ft
3830 BLAISDELL AVE MINNEAPOLIS MN 55409	EVITA ELLIS	RESIDENTIAL	$455,300	168 ft
124 39TH ST W MINNEAPOLIS MN 55409	HENNEPIN FORFEITED LAND	VACANT LAND-RESIDENTIAL	$0	182 ft
3845 PILLSBURY AVE MINNEAPOLIS MN 55409	VANESSA A LEE	RESIDENTIAL	$739,600	184 ft

Property History

Most Recent Sale

Date200509

Price$360,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$7,454