4307 PILLSBURY AVE MINNEAPOLIS MN 55409

PID: 1002824310141

Property Overview

Parcel ID1002824310141

Lot Size5,275 sq ft (0.121 ac)

Lot Dimensions (est.)132 ft wide × 40 ft deep

Year Built1962

Property ClassRESIDENTIAL

OwnerNHS MINNEAPOLIS LLC

Assessed Value$402,600

Land Value$176,000

Building Value$226,600

Annual Tax$8,008

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 · $15K total declared value · Most recent: Oct 2023 (misc)

MiscOct 2023Closed

$15K

BUZZ EXTERIORS

Source: Minneapolis open data. Declared construction values are applicant-reported and may not reflect actual project cost.

Neighborhood Profile

King Field · Minneapolis

Median reported rent1,545/mo

Renter-occupied24.2%

Median home value$360K

Vacancy rate1.5%

ACS rents reflect current tenant leases and may differ from new market rents.

Source: 2022 ACS 5-Year Estimates · Census Tract 1108

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 depth92 ft

Area~2,756 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 2,756 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
4311 PILLSBURY AVE MINNEAPOLIS MN 55409	D P RUTH & E K ROSCHER	RESIDENTIAL	$403,700	40 ft
4303 PILLSBURY AVE MINNEAPOLIS MN 55409	KANISHK JAIN	RESIDENTIAL	$340,000	40 ft
4301 PILLSBURY AVE MINNEAPOLIS MN 55409	MLMJR PROP AND INVEST LLC	RESIDENTIAL-TWO UNIT	$461,500	78 ft
4315 PILLSBURY AVE MINNEAPOLIS MN 55409	R J & P T RHEAULT JT REV TR	RESIDENTIAL-TWO UNIT	$420,300	80 ft
4319 PILLSBURY AVE MINNEAPOLIS MN 55409	S LEONARD & N LEONARD	RESIDENTIAL	$378,800	120 ft
4306 WENTWORTH AVE MINNEAPOLIS MN 55409	LEE C TROSKA	RESIDENTIAL	$349,100	143 ft
4310 WENTWORTH AVE MINNEAPOLIS MN 55409	PHILIP R WESTERBERG	RESIDENTIAL	$289,900	148 ft
4304 WENTWORTH AVE MINNEAPOLIS MN 55409	E R HOUGHTON & J M HOUGHTON	RESIDENTIAL	$318,600	149 ft
4323 PILLSBURY AVE MINNEAPOLIS MN 55409	CARL D NELSON	RESIDENTIAL	$313,700	160 ft
4314 WENTWORTH AVE MINNEAPOLIS MN 55409	ANDREW BELL & CARRIE BELL	RESIDENTIAL	$314,300	163 ft

Property History

Most Recent Sale

Date200009

Price$160,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$8,008