206 43RD ST E MINNEAPOLIS MN 55409

PID: 1002824420022

Property Overview

Parcel ID1002824420022

Lot Size6,973 sq ft (0.160 ac)

Lot Dimensions (est.)129 ft wide × 54 ft deep

Year Built1955

Property ClassRESIDENTIAL

OwnerA KNIGHT & L E KNIGHT SR

Assessed Value$325,900

Land Value$99,000

Building Value$226,900

Annual Tax$5,311

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

No permits found in Minneapolis open data for this parcel.

Neighborhood Profile

Regina · Minneapolis

Median reported rent1,858/mo

Renter-occupied11.4%

Median home value$326K

Vacancy rate2.9%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 1109

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 width116 ft

Buildable depth14 ft

Area~1,634 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 1,634 sqft buildable area.

Est. units

Yield on cost

2.1%

Spread

-3.4%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
4247 2ND AVE S MINNEAPOLIS MN 55409	TCMLS	RESIDENTIAL	$244,000	50 ft
4243 2ND AVE S MINNEAPOLIS MN 55409	ALEXANDER LINDSTROM	RESIDENTIAL	$263,400	94 ft
4301 2ND AVE S MINNEAPOLIS MN 55409	COMMUNITY HOUSING RESOURCES	RESIDENTIAL	$0	106 ft
4239 2ND AVE S MINNEAPOLIS MN 55409	P A BOWMAN & S BOWMAN	RESIDENTIAL	$209,000	139 ft
216 43RD ST E MINNEAPOLIS MN 55409	J STEMMIER & B STEMMIER	RESIDENTIAL	$313,900	143 ft
4305 2ND AVE S MINNEAPOLIS MN 55409	MATTHEW SAHNOW	RESIDENTIAL	$263,700	145 ft
4248 3RD AVE S MINNEAPOLIS MN 55409	ANTHONY Q TRUONG ET AL	RESIDENTIAL	$306,200	150 ft
4244 3RD AVE S MINNEAPOLIS MN 55409	ERIC A HERSH	RESIDENTIAL	$313,300	170 ft
4300 3RD AVE S MINNEAPOLIS MN 55409	L ELLINWOOD & J ZIMMER	RESIDENTIAL	$329,200	182 ft
4235 2ND AVE S MINNEAPOLIS MN 55409	J J BELLIDO BUSTAMANTE ET AL	RESIDENTIAL	$303,000	182 ft

Property History

Most Recent Sale

Date199409

Price$74,500

TypeOTHER – SEE CERTIFICATE OF REAL ESTATE VALUE (CRV)

Current Tax Year

Year2026

Tax Due$5,311