4007 WENTWORTH AVE MINNEAPOLIS MN 55409

PID: 1002824240057

Property Overview

Parcel ID1002824240057

Lot Size5,510 sq ft (0.126 ac)

Lot Dimensions (est.)138 ft wide × 40 ft deep

Year Built1911

Property ClassRESIDENTIAL

OwnerDAVID MICHAEL NEIMAN

Assessed Value$321,200

Land Value$164,000

Building Value$157,200

Annual Tax$4,725

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 2023 · $5K total declared value · Most recent: Nov 2023 (misc)

MiscNov 2023Closed

$5K

Customer First Contractors 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

Setbacks

Front20 ft

Side (each)5 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width30 ft

Buildable depth98 ft

Area~2,932 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 2,932 sqft buildable area.

Est. units

Yield on cost

2.4%

Spread

-3.1%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
4011 WENTWORTH AVE MINNEAPOLIS MN 55409	J RADFORD & R GILBRAITH	RESIDENTIAL	$469,000	40 ft
4003 WENTWORTH AVE MINNEAPOLIS MN 55409	EMMA PEDRICK/BEJAMIN PEDRICK	RESIDENTIAL	$406,500	46 ft
115 40TH ST W MINNEAPOLIS MN 55409	DENNIS L GARMAN	RESIDENTIAL	$232,200	72 ft
4001 WENTWORTH AVE MINNEAPOLIS MN 55409	F T COSSU & J S SPECTOR	RESIDENTIAL	$339,900	79 ft
4015 WENTWORTH AVE MINNEAPOLIS MN 55409	ALAN M KAUFENBERG ET AL	RESIDENTIAL	$431,700	80 ft
4019 WENTWORTH AVE MINNEAPOLIS MN 55409	JOHN H NORTHRUP	RESIDENTIAL	$412,200	120 ft
4006 BLAISDELL AVE MINNEAPOLIS MN 55409	E A GLIDDEN & E S PUSEY	RESIDENTIAL	$353,200	137 ft
4010 BLAISDELL AVE MINNEAPOLIS MN 55409	J NEAD & D SMITH	RESIDENTIAL	$296,000	142 ft
4002 BLAISDELL AVE MINNEAPOLIS MN 55409	MATTHEW R & MOLLY B DUFFIN	RESIDENTIAL	$466,600	143 ft
4000 BLAISDELL AVE MINNEAPOLIS MN 55409	T W BORNHOFT & K A BORNHOFT	RESIDENTIAL	$328,200	157 ft

Property History

Most Recent Sale

Date198909

Price$82,000

TypeOTHER – SEE CERTIFICATE OF REAL ESTATE VALUE (CRV)

Current Tax Year

Year2026

Tax Due$4,725