113 39TH ST W MINNEAPOLIS MN 55409

PID: 1002824210135

Property Overview

Parcel ID1002824210135

Lot Size4,471 sq ft (0.103 ac)

Lot Dimensions (est.)39 ft wide × 114 ft deep

Year Built1900

Property ClassRESIDENTIAL-TWO UNIT

OwnerSTEPHEN A SCHMID

Assessed Value$264,900

Land Value$146,000

Building Value$118,900

Annual Tax$5,030

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 width29 ft

Buildable depth75 ft

Area~2,166 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 2,166 sqft buildable area.

Est. units

Yield on cost

1.5%

Spread

-4.0%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
109 39TH ST W MINNEAPOLIS MN 55409	ZACHARY ALAN SCOTT	RESIDENTIAL	$260,300	39 ft
119 39TH ST W MINNEAPOLIS MN 55409	4407 PORTLAND LLC	RESIDENTIAL	$304,000	39 ft
123 39TH ST W MINNEAPOLIS MN 55409	JILL CHRISTINE KANE	RESIDENTIAL	$325,700	78 ft
3904 BLAISDELL AVE MINNEAPOLIS MN 55409	MARY B HANSON	RESIDENTIAL	$319,400	97 ft
3912 BLAISDELL AVE MINNEAPOLIS MN 55409	JNY BLAISDELL LLC	APARTMENT	$652,000	102 ft
3906 BLAISDELL AVE MINNEAPOLIS MN 55409	N PUECHNER& S PUECHNER	RESIDENTIAL	$331,000	104 ft
3900 BLAISDELL AVE MINNEAPOLIS MN 55409	CAROLYN J HAWKINS	RESIDENTIAL	$249,200	105 ft
127 39TH ST W MINNEAPOLIS MN 55409	AARON VOREIS & ROBIN VOREIS	RESIDENTIAL	$296,000	116 ft
3916 BLAISDELL AVE MINNEAPOLIS MN 55409	CITY OF MINNEAPOLIS	VACANT LAND-RESIDENTIAL	$0	135 ft
3856 BLAISDELL AVE MINNEAPOLIS MN 55409	KRISTI K ANDERSON	RESIDENTIAL	$406,000	152 ft

Property History

Most Recent Sale

Date200410

Price$228,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$5,030