4054 PILLSBURY AVE MINNEAPOLIS MN 55409

PID: 1002824240104

Property Overview

Parcel ID1002824240104

Lot Size5,005 sq ft (0.115 ac)

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

Year Built1909

Property ClassRESIDENTIAL-TWO UNIT

OwnerK KAPPHAHN & M BHAT

Assessed Value$563,400

Land Value$155,000

Building Value$408,400

Annual Tax$10,700

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictUnknown

Permit History

6 permits on record since 2017 · $10K total declared value · Most recent: Dec 2023 (existres)

ExistresDec 2023Closed

Super Heating and Cooling LLC

ResDec 2023Closed

Johnson Plumbing and Heating Co

RemodelOct 2023Closed

$9K

PRIMA CONSTRUCTION LLC

ResJul 2017Closed

M & M PLUMBING

ResApr 2017Closed

B and B Plumbing 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

Front Street

On corner lots, the selected street determines which setbacks apply to each side.

Setbacks

Front20 ft

Interior side5 ft

Street side (est.)8 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width112 ft

Buildable depth0 ft

Area~2,298 sqft

Lot dimensions are insufficient for the standard setbacks shown.

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 2,298 sqft buildable area.

Est. units

Yield on cost

1.4%

Spread

-4.1%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
4050 PILLSBURY AVE MINNEAPOLIS MN 55409	MATTHEW ROTH	RESIDENTIAL-TWO UNIT	$610,000	40 ft
4046 PILLSBURY AVE MINNEAPOLIS MN 55409	J D WETJEN & TESSA N WETJEN	RESIDENTIAL	$319,900	80 ft
4100 PILLSBURY AVE MINNEAPOLIS MN 55409	KATHRYN WEHR	RESIDENTIAL	$347,400	96 ft
4042 PILLSBURY AVE MINNEAPOLIS MN 55409	R F KUNZE & S M RAYMOND	RESIDENTIAL	$503,700	120 ft
4102 PILLSBURY AVE MINNEAPOLIS MN 55409	JUSTIN BAKSE	RESIDENTIAL	$479,200	132 ft
4055 PLEASANT AVE MINNEAPOLIS MN 55409	B STEELE & J STEELE	RESIDENTIAL	$512,900	139 ft
4051 PLEASANT AVE MINNEAPOLIS MN 55409	DEANN EVERSON/CHRISTA OPHEIM	RESIDENTIAL-TWO UNIT	$430,400	144 ft
215 41ST ST W MINNEAPOLIS MN 55409	JENNIFER M ANONEN	RESIDENTIAL	$245,600	147 ft
4038 PILLSBURY AVE MINNEAPOLIS MN 55409	MICAH INTERMILL & ZOE THIEL	RESIDENTIAL	$625,700	160 ft
4047 PLEASANT AVE MINNEAPOLIS MN 55409	JOHN R KRAFT	RESIDENTIAL	$470,600	160 ft

Property History

Most Recent Sale

Date201906

Price$550,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$10,700