4338 PILLSBURY AVE MINNEAPOLIS MN 55409

PID: 1002824310161

Property Overview

Parcel ID1002824310161

Lot Size5,079 sq ft (0.117 ac)

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

Year Built1919

Property ClassRESIDENTIAL

OwnerB A PETERSON & A M HOOPS

Assessed Value$315,100

Land Value$173,000

Building Value$142,100

Annual Tax$4,622

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

7 permits on record since 2017 · $105K total declared value · Most recent: Jul 2025 (res)

ResJul 2025Closed

Barr Web Industries Inc

ExistresApr 2025Closed

BOEHM HEATING

RemodelApr 2025Closed

$93K

Anne Hoops

ResApr 2025Closed

Barr Web Industries Inc

MiscOct 2023Closed

$4K

LEGACY RESTORATION 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 rent1,545/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~2,608 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 2,608 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
4334 PILLSBURY AVE MINNEAPOLIS MN 55409	ZOZAN PEHLIVAN	RESIDENTIAL	$337,300	40 ft
4342 PILLSBURY AVE MINNEAPOLIS MN 55409	DANIEL W ANSELMIN	RESIDENTIAL	$293,600	40 ft
4330 PILLSBURY AVE MINNEAPOLIS MN 55409	DAVID J ACKMAN & WIFE	RESIDENTIAL	$301,800	80 ft
4346 PILLSBURY AVE MINNEAPOLIS MN 55409	EDMUND HAN/EMILIANA R COFELL	RESIDENTIAL	$442,600	80 ft
4326 PILLSBURY AVE MINNEAPOLIS MN 55409	IRA JOURDAIN/WALTER JOURDAIN	RESIDENTIAL	$335,600	117 ft
4350 PILLSBURY AVE MINNEAPOLIS MN 55409	TIMOTHY H PETERSON	RESIDENTIAL	$311,000	120 ft
4339 PLEASANT AVE MINNEAPOLIS MN 55409	DANIEL YOON	RESIDENTIAL	$466,300	139 ft
4335 PLEASANT AVE MINNEAPOLIS MN 55409	CHARLES NOCKER/ZADE ALSAWAH	RESIDENTIAL	$868,700	144 ft
4343 PLEASANT AVE MINNEAPOLIS MN 55409	JOSEPH NITCHER/ASHLEY HAYES	RESIDENTIAL	$379,100	145 ft
4322 PILLSBURY AVE MINNEAPOLIS MN 55409	ULLA NILSEN & JESS ALEXANDER	RESIDENTIAL	$450,400	155 ft

Property History

Most Recent Sale

Date199102

Price$75,500

TypeOTHER – SEE CERTIFICATE OF REAL ESTATE VALUE (CRV)

Current Tax Year

Year2026

Tax Due$4,622