3824 PILLSBURY AVE MINNEAPOLIS MN 55409

PID: 1002824210071

Property Overview

Parcel ID1002824210071

Lot Size6,715 sq ft (0.154 ac)

Lot Dimensions (est.)168 ft wide × 40 ft deep

Year Built1910

Property ClassRESIDENTIAL

OwnerMARY M ARCHER & K R SHERMAN

Assessed Value$432,000

Land Value$177,000

Building Value$255,000

Annual Tax$6,579

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

3 permits on record since 2018 · $30K total declared value · Most recent: May 2022 (misc)

MiscMay 2022Closed

$30K

Twin Cities Home Solutions LLC

ResDec 2021Closed

Urban Pine Plumbing and Mechanical Inc

ResDec 2018Closed

Warners Stellian Co 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 depth128 ft

Area~3,836 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 3,836 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
3820 PILLSBURY AVE MINNEAPOLIS MN 55409	NANCY E WEISS ET AL	RESIDENTIAL	$483,000	40 ft
3828 PILLSBURY AVE MINNEAPOLIS MN 55409	A M GRAFFUNDER TR ET AL	RESIDENTIAL	$515,000	40 ft
3816 PILLSBURY AVE MINNEAPOLIS MN 55409	MARSHALL T & JANE E ONSRUD	RESIDENTIAL	$527,000	80 ft
3832 PILLSBURY AVE MINNEAPOLIS MN 55409	SERGIO VUCCI & EMILY S COOK	RESIDENTIAL	$557,800	80 ft
3812 PILLSBURY AVE MINNEAPOLIS MN 55409	LAURA KAY STOKES	RESIDENTIAL	$437,000	120 ft
3836 PILLSBURY AVE MINNEAPOLIS MN 55409	KENNETH K OKUMURA ET AL	RESIDENTIAL	$636,000	120 ft
3808 PILLSBURY AVE MINNEAPOLIS MN 55409	B LUJAN & J LUJAN	RESIDENTIAL-TWO UNIT	$580,800	159 ft
3840 PILLSBURY AVE MINNEAPOLIS MN 55409	S E & M E TAMBORNINO	RESIDENTIAL	$613,000	160 ft
3825 PLEASANT AVE MINNEAPOLIS MN 55409	J VAN BERLO/S V D HOOGENHOF	RESIDENTIAL	$561,300	181 ft
3829 PLEASANT AVE MINNEAPOLIS MN 55409	JEFFREY P HERRMANN	RESIDENTIAL-TWO UNIT	$509,000	186 ft

Property History

Most Recent Sale

Date200711

Price$350,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$6,579