4306 PILLSBURY AVE MINNEAPOLIS MN 55409

PID: 1002824310146

Property Overview

Parcel ID1002824310146

Lot Size5,073 sq ft (0.116 ac)

Lot Dimensions (est.)127 ft wide × 40 ft deep

Year Built1904

Property ClassRESIDENTIAL

OwnerK M H WIKSTROM ET AL SJ/ L E

Assessed Value$357,600

Land Value$172,000

Building Value$185,600

Annual Tax$5,334

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

2 permits on record since 2017 · $12K total declared value · Most recent: Oct 2024 (misc)

MiscOct 2024Closed

$12K

Red Line Contracting

ResAug 2017Closed

Urban Pine Plumbing and Mechanical 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 rent1,545/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 depth87 ft

Area~2,604 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 2,604 sqft buildable area.

Est. units

Yield on cost

2.6%

Spread

-2.9%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
4304 PILLSBURY AVE MINNEAPOLIS MN 55409	ERIC WOROCH & ALYSSA WASICK	RESIDENTIAL	$426,800	40 ft
4310 PILLSBURY AVE MINNEAPOLIS MN 55409	CHAD HOFMANN	RESIDENTIAL	$364,000	40 ft
4300 PILLSBURY AVE MINNEAPOLIS MN 55409	J M KPADEH & M D KPADEH	RESIDENTIAL	$323,200	78 ft
4314 PILLSBURY AVE MINNEAPOLIS MN 55409	D A KLINGEMAN & C A HAFNER	RESIDENTIAL	$285,600	80 ft
215 43RD ST W MINNEAPOLIS MN 55409	MARTA KNUTSON	RESIDENTIAL	$208,900	111 ft
4318 PILLSBURY AVE MINNEAPOLIS MN 55409	M MOYNIHAN & S B MILLER	RESIDENTIAL	$330,500	120 ft
4307 PLEASANT AVE MINNEAPOLIS MN 55409	W MATTHEWS & E MARSHALL	RESIDENTIAL	$356,600	138 ft
4311 PLEASANT AVE MINNEAPOLIS MN 55409	G D ANDERSON ET AL TRUSTEES	RESIDENTIAL	$426,600	145 ft
4322 PILLSBURY AVE MINNEAPOLIS MN 55409	ULLA NILSEN & JESS ALEXANDER	RESIDENTIAL	$450,400	160 ft
4315 PLEASANT AVE MINNEAPOLIS MN 55409	K FLIKKEMA & K FLIKKEMA	RESIDENTIAL	$765,800	161 ft

Property History

Current Tax Year

Year2026

Tax Due$5,334