4408 3RD AVE S MINNEAPOLIS MN 55419

PID: 1002824430107

Property Overview

Parcel ID1002824430107

Lot Size5,438 sq ft (0.125 ac)

Lot Dimensions (est.)129 ft wide × 42 ft deep

Year Built1931

Property ClassRESIDENTIAL

OwnerDUSTIN DERTINGER

Assessed Value$257,600

Land Value$100,000

Building Value$157,600

Annual Tax$3,645

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

2 permits on record since 2020 · $14K total declared value · Most recent: Jun 2022 (misc)

MiscJun 2022Closed

$7K

LEGACY RESTORATION LLC

MiscOct 2020Closed

$7K

Holmlund Masonry Inc

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 55419

Median sale price$494K-4.7% YoY

Median price / sqft$270/sqft

Median days to close29 days

Active listings30

Source: Redfin Data Center (Invalid Date) · Zip 55419

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 width32 ft

Buildable depth89 ft

Area~2,862 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 2,862 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
4404 3RD AVE S MINNEAPOLIS MN 55419	WILLIAM LAURSEN 4404 LLC	RESIDENTIAL	$328,600	42 ft
4412 3RD AVE S MINNEAPOLIS MN 55419	KATE E TAYLOR-EDWARDS	RESIDENTIAL	$251,700	42 ft
4400 3RD AVE S MINNEAPOLIS MN 55419	PATRICIA CARLSON	RESIDENTIAL	$423,200	84 ft
4416 3RD AVE S MINNEAPOLIS MN 55419	C M LYON & A S KENNEDY	RESIDENTIAL	$305,200	84 ft
211 44TH ST E MINNEAPOLIS MN 55409	ROBERT E WOLF	RESIDENTIAL	$251,800	115 ft
4420 3RD AVE S MINNEAPOLIS MN 55419	ANTON L GREGERSEN	RESIDENTIAL	$340,000	126 ft
4409 2ND AVE S MINNEAPOLIS MN 55419	W & A WILSON	RESIDENTIAL	$324,000	141 ft
4415 2ND AVE S MINNEAPOLIS MN 55419	L BAILEY & R WINGROVE	RESIDENTIAL	$313,400	148 ft
4417 2ND AVE S MINNEAPOLIS MN 55419	LISA WEBER	RESIDENTIAL	$303,000	165 ft
4405 2ND AVE S MINNEAPOLIS MN 55419	L O WRIGHT & L L WRIGHT	RESIDENTIAL	$201,700	167 ft

Property History

Most Recent Sale

Date202010

Price$204,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$3,645