235 39TH ST W MINNEAPOLIS MN 55409

PID: 1002824210176

Property Overview

Parcel ID1002824210176

Lot Size4,474 sq ft (0.103 ac)

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

Year Built1922

Property ClassRESIDENTIAL

OwnerJOSEPH J ARCAND

Assessed Value$351,300

Land Value$146,000

Building Value$205,300

Annual Tax$5,229

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

3 permits on record since 2024 · $27K total declared value · Most recent: May 2025 (misc)

MiscMay 2025Closed

$15K

2Code Exteriors LLC

MiscDec 2024Cancelled

$2K

2Code Exteriors LLC

MiscSep 2024Cancelled

$10K

2Code Exteriors 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

UN1Urban Neighborhood 1

Urban Neighborhood 1 — low-density residential

Typical Uses

·Single-family homes
·Duplexes
·Accessory dwelling units

Max Height35 ft

Development Potential

Front Street

On corner lots, the selected street determines which setbacks apply to each side.

Setbacks

Front20 ft

Interior side5 ft

Street side (est.)8 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width26 ft

Buildable depth74 ft

Area~1,943 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 1,943 sqft buildable area.

Est. units

Yield on cost

1.7%

Spread

-3.8%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
229 39TH ST W MINNEAPOLIS MN 55409	JOHN P & BIRGIT BINKOWSKI	RESIDENTIAL	$394,100	39 ft
225 39TH ST W MINNEAPOLIS MN 55409	E R ROPER/T SOELDNER-DANGER	RESIDENTIAL	$333,200	77 ft
3915 PLEASANT AVE MINNEAPOLIS MN 55409	CCP PROPERTIES LLC	APARTMENT	$643,200	112 ft
223 39TH ST W MINNEAPOLIS MN 55409	EMMA STOUT	RESIDENTIAL	$306,100	116 ft
3857 PLEASANT AVE MINNEAPOLIS MN 55409	DAVID M STURGEON REV TR ETAL	RESIDENTIAL	$476,600	153 ft
217 39TH ST W MINNEAPOLIS MN 55409	APRIL E PAUKNER	RESIDENTIAL	$295,100	155 ft
3919 PLEASANT AVE MINNEAPOLIS MN 55409	K M FLANDERS ET AL RV LV TR	RESIDENTIAL	$456,600	161 ft
3904 PLEASANT AVE MINNEAPOLIS MN 55409	S SAUNDERS & D SHAUGHNESSY	RESIDENTIAL	$466,500	162 ft
3900 PLEASANT AVE MINNEAPOLIS MN 55409	C E REIL & R M THELEMANN	RESIDENTIAL	$518,700	166 ft
3908 PLEASANT AVE MINNEAPOLIS MN 55409	ROBERT J COUGHLIN ETAL	RESIDENTIAL	$356,300	168 ft

Property History

Most Recent Sale

Date201505

Price$232,500

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$5,229