4038 PILLSBURY AVE MINNEAPOLIS MN 55409

PID: 1002824240100

Property Overview

Parcel ID1002824240100

Lot Size5,003 sq ft (0.115 ac)

Lot Dimensions (est.)125 ft wide × 40 ft deep

Year Built1914

Property ClassRESIDENTIAL

OwnerMICAH INTERMILL & ZOE THIEL

Assessed Value$625,700

Land Value$155,000

Building Value$470,700

Annual Tax$10,127

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

3 permits on record since 2012 · $207K total declared value · Most recent: Jun 2024 (remodel)

RemodelJun 2024Closed

$8K

ALL ENERGY SOLAR INC

AccessoryApr 2022Closed

$19K

JACK THE CARPENTER INC

Building Re-inspectionJul 2012

$180K

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 depth85 ft

Area~2,552 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 2,552 sqft buildable area.

Est. units

Yield on cost

2.7%

Spread

-2.8%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
4034 PILLSBURY AVE MINNEAPOLIS MN 55409	JOHN F KELLY	RESIDENTIAL	$459,200	40 ft
4042 PILLSBURY AVE MINNEAPOLIS MN 55409	R F KUNZE & S M RAYMOND	RESIDENTIAL	$503,700	40 ft
4030 PILLSBURY AVE MINNEAPOLIS MN 55409	M W MURPHY & A P BAISLEY	RESIDENTIAL-TWO UNIT	$535,100	80 ft
4046 PILLSBURY AVE MINNEAPOLIS MN 55409	J D WETJEN & TESSA N WETJEN	RESIDENTIAL	$319,900	80 ft
4026 PILLSBURY AVE MINNEAPOLIS MN 55409	HEIDI E TINTNER HAFERMANN	RESIDENTIAL	$447,000	120 ft
4050 PILLSBURY AVE MINNEAPOLIS MN 55409	MATTHEW ROTH	RESIDENTIAL-TWO UNIT	$610,000	120 ft
4039 PLEASANT AVE MINNEAPOLIS MN 55409	M L WELCKLE & K A WEDES	RESIDENTIAL	$547,400	139 ft
4035 PLEASANT AVE MINNEAPOLIS MN 55409	YELLOW SIGN HOMES LLC	RESIDENTIAL	$418,600	144 ft
4043 PLEASANT AVE MINNEAPOLIS MN 55409	M GREEN & J POWERS	RESIDENTIAL	$518,400	145 ft
4022 PILLSBURY AVE MINNEAPOLIS MN 55409	LEAH PIRES	RESIDENTIAL	$456,400	160 ft

Property History

Most Recent Sale

Date202012

Price$545,700

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$10,127