3856 15TH AVE S MINNEAPOLIS MN 55407

PID: 1102824120044

Property Overview

Parcel ID1102824120044

Lot Size2,612 sq ft (0.060 ac)

Lot Dimensions (est.)76 ft wide × 35 ft deep

Year Built1919

Property ClassRESIDENTIAL

OwnerV T LAM & S D MELIUS

Assessed Value$242,300

Land Value$71,000

Building Value$171,300

Annual Tax$3,391

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

1 permit on record since 2024 · $12K total declared value · Most recent: Aug 2024 (misc)

MiscAug 2024Closed

$12K

Hail Experts Inc

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

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 width63 ft

Buildable depth0 ft

Area~767 sqft

Lot dimensions are insufficient for the standard setbacks shown.

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 767 sqft buildable area.

Est. units

Yield on cost

4.0%

Spread

-1.5%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
3852 15TH AVE S MINNEAPOLIS MN 55407	WILLIAM J ZIEGENHAGEN	RESIDENTIAL	$304,900	45 ft
1412 39TH ST E MINNEAPOLIS MN 55407	N SULLIVAN-MARSHALL ET AL	RESIDENTIAL	$233,900	63 ft
3848 15TH AVE S MINNEAPOLIS MN 55407	HALEY MATHISON	RESIDENTIAL-TWO UNIT	$358,700	81 ft
3900 15TH AVE S MINNEAPOLIS MN 55407	THOMAS CURVIS/NINA CURVIS	RESIDENTIAL	$370,600	100 ft
3844 15TH AVE S MINNEAPOLIS MN 55407	MARLA ZAVIOLOVA	RESIDENTIAL	$236,200	120 ft
3904 15TH AVE S MINNEAPOLIS MN 55407	ALEXANDRA EVENSON	RESIDENTIAL	$308,200	139 ft
3857 15TH AVE S MINNEAPOLIS MN 55407	BRIAN HUHN	RESIDENTIAL-TWO UNIT	$367,200	158 ft
3840 15TH AVE S MINNEAPOLIS MN 55407	ANN LOIZZO & BRETT SCHLOSSER	RESIDENTIAL	$392,600	159 ft
3853 15TH AVE S MINNEAPOLIS MN 55407	R J BERGSTROM & L M TAGLIA	RESIDENTIAL-TWO UNIT	$378,000	162 ft
3857 14TH AVE S MINNEAPOLIS MN 55407	ROCK A ROGERS	RESIDENTIAL	$249,000	166 ft

Property History

Most Recent Sale

Date202011

Price$240,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$3,391