122 39TH ST W MINNEAPOLIS MN 55409

PID: 1002824210059

Property Overview

Parcel ID1002824210059

Lot Size4,799 sq ft (0.110 ac)

Lot Dimensions (est.)40 ft wide × 119 ft deep

Year Built1914

Property ClassRESIDENTIAL

OwnerD YOUNG & J HUTSON

Assessed Value$320,000

Land Value$151,000

Building Value$169,000

Annual Tax$4,705

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

1 permit on record since 2025 · Most recent: May 2025 (res)

ResMay 2025Closed

CenterPoint Energy Resource Corp

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 width30 ft

Buildable depth80 ft

Area~2,399 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 2,399 sqft buildable area.

Est. units

Yield on cost

1.4%

Spread

-4.1%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
124 39TH ST W MINNEAPOLIS MN 55409	HENNEPIN FORFEITED LAND	VACANT LAND-RESIDENTIAL	$0	29 ft
118 39TH ST W MINNEAPOLIS MN 55409	MARK P DOUGHERTY	RESIDENTIAL	$406,500	40 ft
3853 PILLSBURY AVE MINNEAPOLIS MN 55409	SCOTT NATION & LINDA NATION	RESIDENTIAL-TWO UNIT	$369,800	73 ft
3849 PILLSBURY AVE MINNEAPOLIS MN 55409	SUZANNE MARIE OWENS-PIKE	RESIDENTIAL	$315,000	82 ft
3857 PILLSBURY AVE MINNEAPOLIS MN 55409	JOSEPH KUNNASEY	RESIDENTIAL-TWO UNIT	$357,700	83 ft
3845 PILLSBURY AVE MINNEAPOLIS MN 55409	VANESSA A LEE	RESIDENTIAL	$739,600	86 ft
3841 PILLSBURY AVE MINNEAPOLIS MN 55409	M & M GRAY	RESIDENTIAL	$420,600	124 ft
3852 BLAISDELL AVE MINNEAPOLIS MN 55409	R V PLANT & A Z PLANT	RESIDENTIAL	$424,200	149 ft
3856 BLAISDELL AVE MINNEAPOLIS MN 55409	KRISTI K ANDERSON	RESIDENTIAL	$406,000	154 ft
3848 BLAISDELL AVE MINNEAPOLIS MN 55409	JEFFREY A WOOD/PAMELA P WOOD	RESIDENTIAL	$484,200	156 ft

Property History

Most Recent Sale

Date200812

Price$90,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$4,705