4345 2ND AVE S MINNEAPOLIS MN 55409

PID: 1002824420047

Property Overview

Parcel ID1002824420047

Lot Size5,788 sq ft (0.133 ac)

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

Year Built1923

Property ClassRESIDENTIAL

OwnerC WENTLANDT & A BAY

Assessed Value$358,800

Land Value$92,000

Building Value$266,800

Annual Tax$5,333

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

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~3,101 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 3,101 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
4341 2ND AVE S MINNEAPOLIS MN 55409	ALICIA PATZER	RESIDENTIAL	$283,000	45 ft
4349 2ND AVE S MINNEAPOLIS MN 55409	K M R BELLIDO/J B BUSTAMANTE	RESIDENTIAL	$271,700	45 ft
4355 2ND AVE S MINNEAPOLIS MN 55409	ANDREW FREY	RESIDENTIAL	$315,300	85 ft
4337 2ND AVE S MINNEAPOLIS MN 55409	NEDRA R ROBINSON ET AL	RESIDENTIAL	$302,200	94 ft
4336 3RD AVE S MINNEAPOLIS MN 55409	A G RODRIGUEZ/C G RODRIGUEZ	RESIDENTIAL	$307,500	143 ft
4333 2ND AVE S MINNEAPOLIS MN 55409	MANUAL PIZHA PINGUIL	RESIDENTIAL	$260,300	144 ft
4332 3RD AVE S MINNEAPOLIS MN 55409	MANUEL DECIDERIO CARCHI	RESIDENTIAL	$271,000	146 ft
220 44TH ST E MINNEAPOLIS MN 55409	J J SIPLE & E NYMEYER	RESIDENTIAL	$295,900	159 ft
4328 3RD AVE S MINNEAPOLIS MN 55409	MARIA G MONROY ROJAS	RESIDENTIAL	$287,000	168 ft
4329 2ND AVE S MINNEAPOLIS MN 55409	STEVEN R JOHNSON	RESIDENTIAL	$252,300	186 ft

Property History

Most Recent Sale

Date201805

Price$292,500

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$5,333