3901 15TH AVE S MINNEAPOLIS MN 55407

PID: 1102824120090

Property Overview

Parcel ID1102824120090

Lot Size4,857 sq ft (0.112 ac)

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

Year Built1922

Property ClassRESIDENTIAL

OwnerR WAGNER & G VISCOME

Assessed Value$285,000

Land Value$99,000

Building Value$186,000

Annual Tax$4,651

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

3 permits on record since 2020 · $1K total declared value · Most recent: Jul 2021 (res)

ResJul 2021Closed

WOODLAND STOVES & FIREPLACES

RemodelJul 2020Closed

$1K

Gina Aulwes

ResJun 2020Closed

Gina Aulwes

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

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 width108 ft

Buildable depth0 ft

Area~2,198 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 small multifamily (2–4 units, wood frame) benchmarks for 2,198 sqft buildable area.

Est. units

Yield on cost

3.3%

Spread

-2.2%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
3905 15TH AVE S MINNEAPOLIS MN 55407	KRISTIN A FRENN	RESIDENTIAL	$350,000	40 ft
3909 15TH AVE S MINNEAPOLIS MN 55407	ALEXANDER DA SILVA AZEVEDO	RESIDENTIAL	$348,100	80 ft
3857 15TH AVE S MINNEAPOLIS MN 55407	BRIAN HUHN	RESIDENTIAL-TWO UNIT	$367,200	97 ft
3913 15TH AVE S MINNEAPOLIS MN 55407	MICHAEL ZIDEL	RESIDENTIAL-TWO UNIT	$366,700	120 ft
3853 15TH AVE S MINNEAPOLIS MN 55407	R J BERGSTROM & L M TAGLIA	RESIDENTIAL-TWO UNIT	$378,000	134 ft
3900 BLOOMINGTON AVE MINNEAPOLIS MN 55407	H & P CLARK	RESIDENTIAL	$302,600	135 ft
3904 BLOOMINGTON AVE MINNEAPOLIS MN 55407	B E ANDERSON & L A FRALISH	RESIDENTIAL	$322,700	141 ft
3908 BLOOMINGTON AVE MINNEAPOLIS MN 55407	ANDREA E ALLIE	RESIDENTIAL-TWO UNIT	$410,900	157 ft
3917 15TH AVE S MINNEAPOLIS MN 55407	KOUA YANG & BAO XIONG	RESIDENTIAL	$298,400	160 ft
3856 BLOOMINGTON AVE MINNEAPOLIS MN 55407	D A BIESEMEIER ET AL	RESIDENTIAL	$253,100	166 ft

Property History

Most Recent Sale

Date202311

Price$301,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$4,651