4003 PILLSBURY AVE MINNEAPOLIS MN 55409

PID: 1002824240088

Property Overview

Parcel ID1002824240088

Lot Size5,510 sq ft (0.126 ac)

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

Year Built1923

Property ClassRESIDENTIAL

OwnerKARA CARMACK & RYAN ROGERS

Assessed Value$385,000

Land Value$164,000

Building Value$221,000

Annual Tax$5,793

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 2022 · $15K total declared value · Most recent: May 2022 (misc)

MiscMay 2022Closed

$15K

Twin Cities Home Solutions 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
4001 PILLSBURY AVE MINNEAPOLIS MN 55409	E MALESKA & J J MALESKA	RESIDENTIAL	$427,100	36 ft
4007 PILLSBURY AVE MINNEAPOLIS MN 55409	WENDY S SMITH	RESIDENTIAL-TWO UNIT	$533,100	40 ft
4011 PILLSBURY AVE MINNEAPOLIS MN 55409	DANIEL TREINEN	RESIDENTIAL-TWO UNIT	$474,800	80 ft
4015 PILLSBURY AVE MINNEAPOLIS MN 55409	C R WEED & J A PRESTHOLDT	RESIDENTIAL	$391,700	120 ft
4004 WENTWORTH AVE MINNEAPOLIS MN 55409	BARTON J LOSSING ET AL	RESIDENTIAL	$416,800	137 ft
4000 WENTWORTH AVE MINNEAPOLIS MN 55409	M M ANDERSON & M J HERRIGES	RESIDENTIAL	$476,000	142 ft
4008 WENTWORTH AVE MINNEAPOLIS MN 55409	G HERRMANN & L HERRMANN	RESIDENTIAL	$455,500	142 ft
4012 WENTWORTH AVE MINNEAPOLIS MN 55409	B M BISESI & K J SANDERSON	RESIDENTIAL	$727,600	158 ft
4019 PILLSBURY AVE MINNEAPOLIS MN 55409	J S CHUN & B A BONTE-CHUN	RESIDENTIAL	$473,500	160 ft
4014 WENTWORTH AVE MINNEAPOLIS MN 55409	COURTNEY LIND/DANIEL SCHAFF	RESIDENTIAL	$433,500	181 ft

Property History

Most Recent Sale

Date202604

Price$425,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$5,793