3941 VAN NEST AVE MINNEAPOLIS MN 55409

PID: 1002824210099

Property Overview

Parcel ID1002824210099

Lot Size3,589 sq ft (0.082 ac)

Lot Dimensions (est.)90 ft wide × 40 ft deep

Year Built1923

Property ClassRESIDENTIAL

OwnerSALVADOR CHYEREZ

Assessed Value$178,900

Land Value$97,000

Building Value$81,900

Annual Tax$2,769

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

2 permits on record since 2024 · $5K total declared value · Most recent: May 2025 (res)

ResMay 2025Closed

CenterPoint Energy Resource Corp

MiscJan 2024Expired

$5K

Star Point 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

CM2Corridor Mixed Use

Property History

Most Recent Sale

Date202310

Price$85,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$2,769

Development Feasibility

No buildable area could be estimated under current zoning setbacks. The lot may be too small or the setbacks consume the entire parcel.

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
3945 VAN NEST AVE MINNEAPOLIS MN 55409	CHRISTOPHER D ERLANDSON	RESIDENTIAL-TWO UNIT	$334,200	40 ft
3933 VAN NEST AVE MINNEAPOLIS MN 55409	ELLIOTT LOCKE	RESIDENTIAL	$291,400	60 ft
3953 VAN NEST AVE MINNEAPOLIS MN 55409	MONICA L HOFE	RESIDENTIAL	$257,400	100 ft
3948 NICOLLET AVE MINNEAPOLIS MN 55409	ROBERT E EVANS	COMMERCIAL-PREFERRED	$691,000	117 ft
3940 VAN NEST AVE MINNEAPOLIS MN 55409	ANDREA RIEHL & SAMUEL RIEHL	RESIDENTIAL	$282,000	129 ft
3936 VAN NEST AVE MINNEAPOLIS MN 55409	Z SKELTON/A THOMAS/E SKELTON	RESIDENTIAL	$295,000	135 ft
3932 NICOLLET AVE MINNEAPOLIS MN 55409	MIS NINOS LLC	COMMERCIAL-PREFERRED	$0	135 ft
3944 VAN NEST AVE MINNEAPOLIS MN 55409	HENNEPIN RP FUNDING LLC	RESIDENTIAL	$356,000	136 ft
3929 VAN NEST AVE MINNEAPOLIS MN 55409	DANIEL B LONGRIE & C MCCORD	RESIDENTIAL	$262,600	140 ft
3932 VAN NEST AVE MINNEAPOLIS MN 55409	BRIAN S MAHEDY	RESIDENTIAL	$176,100	151 ft