1500 42ND ST E MINNEAPOLIS MN 55407

PID: 1102824130067

Property Overview

Parcel ID1102824130067

Lot Size8,491 sq ft (0.195 ac)

Lot Dimensions (est.)122 ft wide × 69 ft deep

Year Built0

Property ClassVACANT LAND-RESIDENTIAL

OwnerCITY OF MINNEAPOLIS

Assessed Value$0

Land Value$0

Building Value$0

Annual Tax$0

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Development Opportunities

Public land opportunityHigh

Owned by City of Minneapolis — surplus sales, redevelopment programs, or land trust transfers may apply.

Hennepin County parcel ownership data ↗

Potential programs

Minneapolis Homes — property salesMedium

Minneapolis Homes sells city-owned lots for homeownership and affordable housing; eligibility depends on property status and program cycle.

Minneapolis — City Property Sales ↗

Hennepin County surplus propertyMedium

Hennepin County disposes of public parcels through its surplus property program; contact Real Estate Services for current listings.

Hennepin County — Surplus Property Sales ↗

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

Permit History

No permits found in Minneapolis open data for this parcel.

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 width109 ft

Buildable depth29 ft

Area~3,214 sqft

Estimates based on typical zoning setbacks. Actual requirements may vary by lot, overlay, or conditional approval.

Development Feasibility

Land value unavailable — feasibility estimate requires an assessed land value to calculate total development cost.

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
4137 15TH AVE S MINNEAPOLIS MN 55407	CITY OF MPLS	VACANT LAND-RESIDENTIAL	$0	72 ft
4133 15TH AVE S MINNEAPOLIS MN 55407	CITY OF MPLS	VACANT LAND-RESIDENTIAL	$0	134 ft
4201 15TH AVE S MINNEAPOLIS MN 55407	C GRAHAM & E GRAHAM	RESIDENTIAL	$483,000	136 ft
4144 BLOOMINGTON AVE MINNEAPOLIS MN 55407	CITY OF MINNEAPOLIS	VACANT LAND-RESIDENTIAL	$0	149 ft
4205 15TH AVE S MINNEAPOLIS MN 55407	DOUGLAS F REMLY	RESIDENTIAL	$318,300	177 ft
4129 15TH AVE S MINNEAPOLIS MN 55407	CITY OF MINNEAPOLIS	VACANT LAND-RESIDENTIAL	$0	182 ft
4144 15TH AVE S MINNEAPOLIS MN 55407	J BRUNET & S PETERSEN	RESIDENTIAL	$410,200	185 ft
4140 15TH AVE S MINNEAPOLIS MN 55407	SIMONS FAMILY TRUST	RESIDENTIAL	$311,400	189 ft
4136 15TH AVE S MINNEAPOLIS MN 55407	KATHRYN M COOK	RESIDENTIAL	$358,100	205 ft
4209 15TH AVE S MINNEAPOLIS MN 55407	CARRIE TAMMINGA	RESIDENTIAL	$354,700	218 ft

Property History

Most Recent Sale

Date198710

Price$107,000

TypeOTHER – SEE CERTIFICATE OF REAL ESTATE VALUE (CRV)

Current Tax Year

Year2026

Tax Due$0