3909 15TH AVE S MINNEAPOLIS MN 55407

PID: 1102824120088

Property Overview

Parcel ID1102824120088

Lot Size4,858 sq ft (0.112 ac)

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

Year Built1911

Property ClassRESIDENTIAL

OwnerALEXANDER DA SILVA AZEVEDO

Assessed Value$348,100

Land Value$99,000

Building Value$249,100

Annual Tax$3,055

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

6 permits on record since 2023 · $46K total declared value · Most recent: Oct 2024 (misc)

MiscOct 2024Closed

$15K

MV BUILDERS LLC

ResJul 2023Closed

CenterPoint Energy Resource Corp

AdditionApr 2023Closed

$24K

Mindaugas Valunas

ExistresMar 2023Closed

Airic's Heating & Air Conditioning Inc

ResFeb 2023Closed

Peters Plumbing LLC

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~2,444 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 2,444 sqft buildable area.

Est. units

Yield on cost

3.7%

Spread

-1.8%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
3913 15TH AVE S MINNEAPOLIS MN 55407	MICHAEL ZIDEL	RESIDENTIAL-TWO UNIT	$366,700	40 ft
3905 15TH AVE S MINNEAPOLIS MN 55407	KRISTIN A FRENN	RESIDENTIAL	$350,000	40 ft
3917 15TH AVE S MINNEAPOLIS MN 55407	KOUA YANG & BAO XIONG	RESIDENTIAL	$298,400	80 ft
3901 15TH AVE S MINNEAPOLIS MN 55407	R WAGNER & G VISCOME	RESIDENTIAL	$285,000	80 ft
3921 15TH AVE S MINNEAPOLIS MN 55407	TONG BA LE & ANH MY LAM	RESIDENTIAL	$257,000	120 ft
3908 BLOOMINGTON AVE MINNEAPOLIS MN 55407	ANDREA E ALLIE	RESIDENTIAL-TWO UNIT	$410,900	135 ft
3904 BLOOMINGTON AVE MINNEAPOLIS MN 55407	B E ANDERSON & L A FRALISH	RESIDENTIAL	$322,700	141 ft
3912 BLOOMINGTON AVE MINNEAPOLIS MN 55407	JACOB RENZE & KARINA ELZE	RESIDENTIAL	$205,000	141 ft
3900 BLOOMINGTON AVE MINNEAPOLIS MN 55407	H & P CLARK	RESIDENTIAL	$302,600	157 ft
3916 BLOOMINGTON AVE MINNEAPOLIS MN 55407	DAVID THOMAS DOSSE	RESIDENTIAL	$175,300	157 ft

Property History

Most Recent Sale

Date202411

Price$525,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$3,055