4341 2ND AVE S MINNEAPOLIS MN 55409

PID: 1002824420046

Property Overview

Parcel ID1002824420046

Lot Size5,790 sq ft (0.133 ac)

Lot Dimensions (est.)129 ft wide × 45 ft deep

Year Built1922

Property ClassRESIDENTIAL

OwnerALICIA PATZER

Assessed Value$283,000

Land Value$92,000

Building Value$191,000

Annual Tax$4,845

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

4 permits on record since 2017 · $39K total declared value · Most recent: Mar 2024 (remodel)

RemodelMar 2024Closed

$32K

Intrepid Remodeling LLC

ResMar 2024Closed

Seabass Plumbing LLC

MiscNov 2021Closed

$7K

HOFFMAN WEBER CONSTRUCTION INC

ResJan 2017Closed

CENTERPOINT ENERGY

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

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

Setbacks

Front20 ft

Side (each)5 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width35 ft

Buildable depth89 ft

Area~3,102 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 3,102 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
4345 2ND AVE S MINNEAPOLIS MN 55409	C WENTLANDT & A BAY	RESIDENTIAL	$358,800	45 ft
4337 2ND AVE S MINNEAPOLIS MN 55409	NEDRA R ROBINSON ET AL	RESIDENTIAL	$302,200	49 ft
4349 2ND AVE S MINNEAPOLIS MN 55409	K M R BELLIDO/J B BUSTAMANTE	RESIDENTIAL	$271,700	90 ft
4333 2ND AVE S MINNEAPOLIS MN 55409	MANUAL PIZHA PINGUIL	RESIDENTIAL	$260,300	99 ft
4355 2ND AVE S MINNEAPOLIS MN 55409	ANDREW FREY	RESIDENTIAL	$315,300	130 ft
4329 2ND AVE S MINNEAPOLIS MN 55409	STEVEN R JOHNSON	RESIDENTIAL	$252,300	141 ft
4332 3RD AVE S MINNEAPOLIS MN 55409	MANUEL DECIDERIO CARCHI	RESIDENTIAL	$271,000	142 ft
4328 3RD AVE S MINNEAPOLIS MN 55409	MARIA G MONROY ROJAS	RESIDENTIAL	$287,000	149 ft
4336 3RD AVE S MINNEAPOLIS MN 55409	A G RODRIGUEZ/C G RODRIGUEZ	RESIDENTIAL	$307,500	156 ft
4324 3RD AVE S MINNEAPOLIS MN 55409	PAULINE MARIE MAY	RESIDENTIAL	$303,800	172 ft

Property History

Most Recent Sale

Date202405

Price$310,400

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$4,845