3848 PILLSBURY AVE MINNEAPOLIS MN 55409

PID: 1002824210077

Property Overview

Parcel ID1002824210077

Lot Size6,716 sq ft (0.154 ac)

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

Year Built1910

Property ClassRESIDENTIAL

OwnerANDREW OWEN & BECKY OWEN

Assessed Value$493,000

Land Value$177,000

Building Value$316,000

Annual Tax$7,601

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictUnknown

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

No permits found in Minneapolis open data for this parcel.

Neighborhood Profile

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 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 sfr / adu benchmarks for 3,836 sqft buildable area.

Est. units

Yield on cost

2.8%

Spread

-2.7%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
3844 PILLSBURY AVE MINNEAPOLIS MN 55409	TIMOTHY TRYON/SUSANNAH TRYON	RESIDENTIAL	$477,000	40 ft
3854 PILLSBURY AVE MINNEAPOLIS MN 55409	C E CZUPKA/J M MILLER TRSTES	RESIDENTIAL-TWO UNIT	$569,300	60 ft
3840 PILLSBURY AVE MINNEAPOLIS MN 55409	S E & M E TAMBORNINO	RESIDENTIAL	$613,000	80 ft
3836 PILLSBURY AVE MINNEAPOLIS MN 55409	KENNETH K OKUMURA ET AL	RESIDENTIAL	$636,000	120 ft
3832 PILLSBURY AVE MINNEAPOLIS MN 55409	SERGIO VUCCI & EMILY S COOK	RESIDENTIAL	$557,800	160 ft
3849 PLEASANT AVE MINNEAPOLIS MN 55409	P J SMITH & N W BARRY	RESIDENTIAL	$454,500	181 ft
3845 PLEASANT AVE MINNEAPOLIS MN 55409	S L LAUNSTEIN ET AL TRUSTEES	RESIDENTIAL	$566,500	185 ft
3853 PLEASANT AVE MINNEAPOLIS MN 55409	PHILIP H WILLKIE	RESIDENTIAL	$444,200	186 ft
3900 PILLSBURY AVE MINNEAPOLIS MN 55409	CORRINE WERTZBAUGHER	RESIDENTIAL	$308,800	194 ft
3841 PLEASANT AVE MINNEAPOLIS MN 55409	TALIA J WISCHMANN	RESIDENTIAL	$523,500	197 ft

Property History

Most Recent Sale

Date201911

Price$485,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$7,601