3825 PILLSBURY AVE MINNEAPOLIS MN 55409

PID: 1002824210052

Property Overview

Parcel ID1002824210052

Lot Size7,407 sq ft (0.170 ac)

Lot Dimensions (est.)185 ft wide × 40 ft deep

Year Built1914

Property ClassRESIDENTIAL-TWO UNIT

OwnerRLT PROPERTIES LLC

Assessed Value$531,400

Land Value$184,000

Building Value$347,400

Annual Tax$10,092

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

3 permits on record since 2020 · Most recent: May 2025 (res)

ResMay 2025Closed

CenterPoint Energy Resource Corp

ResMay 2025Closed

CenterPoint Energy Resource Corp

ResOct 2020Closed

Barr Web Industries Inc

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

UN2Urban Neighborhood 2

Urban Neighborhood 2 — moderate-density residential

Typical Uses

·Duplexes
·Triplexes
·Small apartment buildings (≤4 units)

Max Height35 ft

Development Potential

Setbacks

Front20 ft

Side (each)5 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width30 ft

Buildable depth145 ft

Area~4,355 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 small multifamily (2–4 units, wood frame) benchmarks for 4,355 sqft buildable area.

Est. units

Yield on cost

3.8%

Spread

-1.7%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
3821 PILLSBURY AVE MINNEAPOLIS MN 55409	GERALD D RAMSAY JR	RESIDENTIAL	$482,400	40 ft
3829 PILLSBURY AVE MINNEAPOLIS MN 55409	D STRONG & E R STRONG	RESIDENTIAL-TWO UNIT	$465,100	40 ft
3817 PILLSBURY AVE MINNEAPOLIS MN 55409	LORETTA I SPRY	RESIDENTIAL	$367,000	80 ft
3833 PILLSBURY AVE MINNEAPOLIS MN 55409	A SCHUNEMAN & M B SCHUNEMAN	RESIDENTIAL-TWO UNIT	$553,900	80 ft
3815 PILLSBURY AVE MINNEAPOLIS MN 55409	B W DAVES & C S DAVES	RESIDENTIAL	$493,800	120 ft
3837 PILLSBURY AVE MINNEAPOLIS MN 55409	JOY SCHMIDT & ALEX SCHMIDT	RESIDENTIAL	$589,000	120 ft
3841 PILLSBURY AVE MINNEAPOLIS MN 55409	M & M GRAY	RESIDENTIAL	$420,600	160 ft
3809 PILLSBURY AVE MINNEAPOLIS MN 55409	RDA UPTOWN III LLC	RESIDENTIAL	$288,000	163 ft
3807 PILLSBURY AVE MINNEAPOLIS MN 55409	A C SIDEBOTTOM & W F ZACHER	RESIDENTIAL	$8,000	172 ft
3809 PILLSBURY AVE MINNEAPOLIS MN 55409	W F ZACHER & A C SIDEBOTTOM	RESIDENTIAL	$14,000	181 ft

Property History

Current Tax Year

Year2026

Tax Due$10,092