3949 BLAISDELL AVE MINNEAPOLIS MN 55409

PID: 1002824210118

Property Overview

Parcel ID1002824210118

Lot Size3,590 sq ft (0.082 ac)

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

Year Built1900

Property ClassRESIDENTIAL

OwnerKATE KREMER

Assessed Value$315,400

Land Value$123,000

Building Value$192,400

Annual Tax$4,627

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

4 permits on record since 2018 · $5K total declared value · Most recent: Jun 2021 (misc)

MiscJun 2021Closed

$3K

RITE-WAY WATERPROOFING

MiscAug 2020Closed

$2K

THE HOME DEPOT

ResNov 2018Closed

Linn Star Transfer Inc

ResAug 2018Closed

SODERLIN PLUMBING HEATING AND AIR

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 depth50 ft

Area~1,492 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 1,492 sqft buildable area.

Est. units

Yield on cost

2.1%

Spread

-3.4%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
3945 BLAISDELL AVE MINNEAPOLIS MN 55409	BJORN IVERSEN	RESIDENTIAL	$220,400	40 ft
28 40TH ST W MINNEAPOLIS MN 55409	JAMES J THORNTON	RESIDENTIAL	$342,400	60 ft
32 40TH ST W MINNEAPOLIS MN 55409	JAYNE C HAMMES TRUSTEE	RESIDENTIAL	$417,000	60 ft
3941 BLAISDELL AVE MINNEAPOLIS MN 55409	DAMON T BARNA	RESIDENTIAL	$240,100	80 ft
26 40TH ST W MINNEAPOLIS MN 55409	CLARE L MACILRAVIE	RESIDENTIAL	$274,900	87 ft
3948 VAN NEST AVE MINNEAPOLIS MN 55409	SANDRA ANN SHEFFIELD	RESIDENTIAL	$319,900	90 ft
3944 VAN NEST AVE MINNEAPOLIS MN 55409	HENNEPIN RP FUNDING LLC	RESIDENTIAL	$356,000	99 ft
3937 BLAISDELL AVE MINNEAPOLIS MN 55409	J K VALLEY & S K ROLF	RESIDENTIAL-TWO UNIT	$428,900	120 ft
3940 VAN NEST AVE MINNEAPOLIS MN 55409	ANDREA RIEHL & SAMUEL RIEHL	RESIDENTIAL	$282,000	121 ft
24 40TH ST W MINNEAPOLIS MN 55409	RICKY D BONNEVILLE	RESIDENTIAL	$234,000	125 ft

Property History

Most Recent Sale

Date201808

Price$272,950

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$4,627