3925 GRAND AVE S MINNEAPOLIS MN 55409

PID: 1002824220141

Property Overview

Parcel ID1002824220141

Lot Size5,053 sq ft (0.116 ac)

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

Year Built1908

Property ClassRESIDENTIAL

OwnerF KENNEDY & D HART

Assessed Value$317,600

Land Value$173,000

Building Value$144,600

Annual Tax$4,664

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

3 permits on record since 2018 · $11K total declared value · Most recent: Jul 2021 (existres)

ExistresJul 2021Closed

McQuillan Bros Plumbing Heating & AC LLC

MiscMay 2019Closed

$11K

KAUFMAN SHEET METAL ROOFING INC

ResDec 2018Closed

Barr Web Industries Inc

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

UN2Urban Neighborhood 2

Urban Neighborhood 2 — moderate-density residential

Typical Uses

·Duplexes
·Triplexes
·Small apartment buildings (≤4 units)

Max Height35 ft

Development Potential

Setbacks

Front20 ft

Side (each)5 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width30 ft

Buildable depth86 ft

Area~2,589 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 small multifamily (2–4 units, wood frame) benchmarks for 2,589 sqft buildable area.

Est. units

Yield on cost

3.4%

Spread

-2.1%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
3929 GRAND AVE S MINNEAPOLIS MN 55409	PETER VAN CALLIGAN ET AL	RESIDENTIAL	$366,800	40 ft
3921 GRAND AVE S MINNEAPOLIS MN 55409	KARLA M RYDRYCH	RESIDENTIAL	$326,300	40 ft
3917 GRAND AVE S MINNEAPOLIS MN 55409	JAMES WEST/AMY MARIE WEST	RESIDENTIAL	$407,600	80 ft
3935 GRAND AVE S MINNEAPOLIS MN 55409	JOSH MONTGOMERY	RESIDENTIAL-TWO UNIT	$447,100	82 ft
3937 GRAND AVE S MINNEAPOLIS MN 55409	PM RENTALS LLC	RESIDENTIAL-TWO UNIT	$452,800	123 ft
3915 GRAND AVE S MINNEAPOLIS MN 55409	R E ERICKSON & C TERRANA	RESIDENTIAL	$320,200	130 ft
3924 PLEASANT AVE MINNEAPOLIS MN 55409	B W COLBERT & S J PARNELL	RESIDENTIAL	$438,300	138 ft
3928 PLEASANT AVE MINNEAPOLIS MN 55409	RDA UPTOWN III LLC	RESIDENTIAL	$290,000	143 ft
3920 PLEASANT AVE MINNEAPOLIS MN 55409	JEFFREY S AAMOT	RESIDENTIAL	$352,800	144 ft
3932 PLEASANT AVE MINNEAPOLIS MN 55409	D G BICANICH & S L BICANICH	RESIDENTIAL	$410,100	159 ft

Property History

Most Recent Sale

Date202206

Price$360,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$4,664