3845 15TH AVE S MINNEAPOLIS MN 55407

PID: 1102824120017

Property Overview

Parcel ID1102824120017

Lot Size4,848 sq ft (0.111 ac)

Lot Dimensions (est.)121 ft wide × 40 ft deep

Year Built1915

Property ClassRESIDENTIAL

OwnerDONNA M BIRD

Assessed Value$265,000

Land Value$99,000

Building Value$166,000

Annual Tax$3,769

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Development Opportunities

Cultural District — 38th StreetHigh

Within the 38th Street Cultural District — eligible for Great Streets priority financing and cultural district-specific CPED programs.

Minneapolis — Cultural Districts ↗

Signals are based on public datasets; program eligibility requires verification.

Permit History

3 permits on record since 2021 · Most recent: Mar 2024 (res)

ResMar 2024Closed

CenterPoint Energy Resource Corp

ResJan 2021Closed

SODERLIN PLUMBING HEATING AND AIR

ExistresJan 2021Closed

SODERLIN PLUMBING HEATING AND AIR

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

Neighborhood Profile

Bancroft · Minneapolis

Median reported rent1,159/mo

Renter-occupied26.1%

Median home value$309K

Vacancy rate2.1%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 1101

Market Snapshot

Zip code 55407

Median sale price$340K+1.5% YoY

Median price / sqft$214/sqft

Median days to close22 days

Active listings49

Source: Redfin Data Center (Invalid Date) · Zip 55407

Zoning

UN2Urban Neighborhood 2

Urban Neighborhood 2 — moderate-density residential

Typical Uses

·Duplexes
·Triplexes
·Small apartment buildings (≤4 units)

Max Height35 ft

Development Potential

Setbacks

Front20 ft

Side (each)5 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width30 ft

Buildable depth81 ft

Area~2,437 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 small multifamily (2–4 units, wood frame) benchmarks for 2,437 sqft buildable area.

Est. units

Yield on cost

3.8%

Spread

-1.7%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
3849 15TH AVE S MINNEAPOLIS MN 55407	TAINA BURGOS	RESIDENTIAL-TWO UNIT	$474,900	40 ft
3841 15TH AVE S MINNEAPOLIS MN 55407	ROBERT A HAHN	RESIDENTIAL	$268,300	40 ft
3853 15TH AVE S MINNEAPOLIS MN 55407	R J BERGSTROM & L M TAGLIA	RESIDENTIAL-TWO UNIT	$378,000	80 ft
3837 15TH AVE S MINNEAPOLIS MN 55407	AUSTIN MADSEN	RESIDENTIAL	$286,100	80 ft
3857 15TH AVE S MINNEAPOLIS MN 55407	BRIAN HUHN	RESIDENTIAL-TWO UNIT	$367,200	117 ft
3833 15TH AVE S MINNEAPOLIS MN 55407	KATE T MOORE & J JACOBSON	RESIDENTIAL	$322,700	120 ft
3844 BLOOMINGTON AVE MINNEAPOLIS MN 55407	KARRIE L VRABEL	RESIDENTIAL	$264,600	135 ft
3840 BLOOMINGTON AVE MINNEAPOLIS MN 55407	PHYLLIS I ROOT	RESIDENTIAL-TWO UNIT	$342,900	141 ft
3848 BLOOMINGTON AVE MINNEAPOLIS MN 55407	BRUCE ANTHONY ORTENDAHL	RESIDENTIAL	$187,000	141 ft
3836 BLOOMINGTON AVE MINNEAPOLIS MN 55407	BENJAMIN NYLEN	RESIDENTIAL	$281,800	157 ft

Property History

Most Recent Sale

Date199203

Price$62,900

TypeOTHER – SEE CERTIFICATE OF REAL ESTATE VALUE (CRV)

Current Tax Year

Year2026

Tax Due$3,769