3900 PLEASANT AVE MINNEAPOLIS MN 55409

PID: 1002824220117

Property Overview

Parcel ID1002824220117

Lot Size5,051 sq ft (0.116 ac)

Lot Dimensions (est.)126 ft wide × 40 ft deep

Year Built1907

Property ClassRESIDENTIAL

OwnerC E REIL & R M THELEMANN

Assessed Value$518,700

Land Value$182,000

Building Value$336,700

Annual Tax$8,096

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

2 permits on record since 2023 · $8K total declared value · Most recent: Jan 2025 (res)

ResJan 2025Closed

CenterPoint Energy Resource Corp

MiscOct 2023Closed

$8K

Twin Cities Roofing

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 width113 ft

Buildable depth0 ft

Area~2,329 sqft

Lot dimensions are insufficient for the standard setbacks shown.

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 2,329 sqft buildable area.

Est. units

Yield on cost

1.4%

Spread

-4.1%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
3904 PLEASANT AVE MINNEAPOLIS MN 55409	S SAUNDERS & D SHAUGHNESSY	RESIDENTIAL	$466,500	40 ft
3908 PLEASANT AVE MINNEAPOLIS MN 55409	ROBERT J COUGHLIN ETAL	RESIDENTIAL	$356,300	80 ft
3856 PLEASANT AVE MINNEAPOLIS MN 55409	C E SVENSRUD & S R SVENSRUD	RESIDENTIAL	$536,800	100 ft
3912 PLEASANT AVE MINNEAPOLIS MN 55409	K F HEEGAARD & L C LEGROS	RESIDENTIAL	$493,400	120 ft
3901 GRAND AVE S MINNEAPOLIS MN 55409	ABUNDANT LIFE INT MINS	COMMERCIAL-PREFERRED	$0	138 ft
3852 PLEASANT AVE MINNEAPOLIS MN 55409	MERLE T PULLEY	RESIDENTIAL	$478,300	139 ft
3905 GRAND AVE S MINNEAPOLIS MN 55409	LYNDA M HANVIK/JAMES HANVIK	RESIDENTIAL	$517,500	148 ft
3916 PLEASANT AVE MINNEAPOLIS MN 55409	STEVEN C BRANDT ETAL TRUSTES	RESIDENTIAL	$384,500	160 ft
235 39TH ST W MINNEAPOLIS MN 55409	JOSEPH J ARCAND	RESIDENTIAL	$351,300	166 ft
3857 GRAND AVE S MINNEAPOLIS MN 55409	DVORAK TRUST	TRIPLEX	$447,600	170 ft

Property History

Most Recent Sale

Date201211

Price$334,700

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$8,096