4047 PILLSBURY AVE MINNEAPOLIS MN 55409

PID: 1002824240077

Property Overview

Parcel ID1002824240077

Lot Size5,509 sq ft (0.126 ac)

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

Year Built1912

Property ClassRESIDENTIAL

OwnerM R BUTTS & K A ROWE

Assessed Value$522,500

Land Value$164,000

Building Value$358,500

Annual Tax$8,167

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

6 permits on record since 2017 · $68K total declared value · Most recent: Jul 2024 (misc)

MiscJul 2024Closed

$25K

Red Line Contracting

ExistresJan 2021Closed

Select Mechanical Services Inc

ResJan 2021Closed

Select Mechanical Services Inc

ResJan 2021Closed

B and D Plumbing Heating and A/C Inc

RemodelDec 2020Closed

$43K

SANDCON REMODELING 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

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~2,931 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 2,931 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
4051 PILLSBURY AVE MINNEAPOLIS MN 55409	A FENELON & H RANDELL	RESIDENTIAL	$578,100	40 ft
4043 PILLSBURY AVE MINNEAPOLIS MN 55409	ELIZABETH CATHAREN WELTER	RESIDENTIAL	$492,700	40 ft
4055 PILLSBURY AVE MINNEAPOLIS MN 55409	G P KROH JR & L S HEMMY	RESIDENTIAL	$496,800	80 ft
4039 PILLSBURY AVE MINNEAPOLIS MN 55409	KRISTIN L ARONSON	RESIDENTIAL	$423,900	80 ft
4035 PILLSBURY AVE MINNEAPOLIS MN 55409	ERNEST S DOPP TRUSTEE	RESIDENTIAL	$412,000	120 ft
4042 WENTWORTH AVE MINNEAPOLIS MN 55409	MICHAEL T KAUPER	RESIDENTIAL	$452,700	139 ft
4050 WENTWORTH AVE MINNEAPOLIS MN 55409	ANNE R GEARITY	RESIDENTIAL	$386,500	142 ft
4054 WENTWORTH AVE MINNEAPOLIS MN 55409	A W PERKINS & P MACMILLIAN	RESIDENTIAL	$359,100	158 ft
4038 WENTWORTH AVE MINNEAPOLIS MN 55409	JOSEPH E BORDEN/P ANN BORDEN	RESIDENTIAL	$409,000	159 ft
4031 PILLSBURY AVE MINNEAPOLIS MN 55409	J G GLEASON & P A GLEASON	RESIDENTIAL	$473,100	160 ft

Property History

Most Recent Sale

Date199809

Price$159,900

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$8,167