4236 PILLSBURY AVE MINNEAPOLIS MN 55409

PID: 1002824310255

Property Overview

Parcel ID1002824310255

Lot Size7,601 sq ft (0.175 ac)

Lot Dimensions (est.)127 ft wide × 60 ft deep

Year Built1923

Property ClassCONDOMINIUM

OwnerMICHAEL KIEPE

Assessed Value$216,300

Land Value$50,000

Building Value$166,300

Annual Tax$2,968

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 2017 · Most recent: Oct 2017 (comnofdbv)

ComnofdbvOct 2017Closed

BENJAMIN FRANKLIN PLUMBING

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 width50 ft

Buildable depth87 ft

Area~4,332 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 4,332 sqft buildable area.

Est. units

Yield on cost

2.8%

Spread

-2.7%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
4236 PILLSBURY AVE MINNEAPOLIS MN 55409	F P HENNESSY ET AL LIV TR	CONDOMINIUM	$216,300	0 ft
4236 PILLSBURY AVE MINNEAPOLIS MN 55409	CHRISTOPHER J DEFOE	CONDOMINIUM	$217,400	0 ft
4236 PILLSBURY AVE MINNEAPOLIS MN 55409	MICHAEL S THOMPSON	CONDOMINIUM	$217,400	0 ft
MN	Unknown	—	—	0 ft
4242 PILLSBURY AVE MINNEAPOLIS MN 55409	ANDREA THONE & KYLE LYSFORD	RESIDENTIAL	$309,800	50 ft
4232 PILLSBURY AVE MINNEAPOLIS MN 55409	JOHN B KELLY IV & N A KELLY	APARTMENT	$789,500	60 ft
4248 PILLSBURY AVE MINNEAPOLIS MN 55409	COMMUNITY HOUSING RESOURCES	APARTMENT	$0	90 ft
4226 PILLSBURY AVE MINNEAPOLIS MN 55409	MICHAEL D & ANITA M LLOYD	RESIDENTIAL	$347,000	108 ft
4239 PLEASANT AVE MINNEAPOLIS MN 55409	R D ARNESON & L J ARNESON	RESIDENTIAL	$898,000	139 ft
4235 PLEASANT AVE MINNEAPOLIS MN 55409	M C MCINERNY/P MCINERNY	RESIDENTIAL-TWO UNIT	$484,900	141 ft

Property History

Most Recent Sale

Date202309

Price$212,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$2,968