3933 10TH AVE S MINNEAPOLIS MN 55407

PID: 1102824210178

Property Overview

Parcel ID1102824210178

Lot Size8,007 sq ft (0.184 ac)

Lot Dimensions (est.)126 ft wide × 64 ft deep

Year Built1912

Property ClassRESIDENTIAL

OwnerD J FORBES & J D FORBES

Assessed Value$293,000

Land Value$114,000

Building Value$179,000

Annual Tax$4,519

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Development Opportunities

High-Frequency Transit (5-min walk)High

Within a 5-minute walk of a high-frequency LRT or BRT stop — a positive factor for density bonuses and Met Council Livable Communities grant scoring.

Metro Council — Livable Communities ↗

Potential programs

Met Council Livable Communities GrantMedium

Competitive grants for affordable housing and transit-oriented development near high-frequency transit; proximity to LRT/BRT is a key scoring factor.

Metro Council — Livable Communities ↗

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 rent1,152/mo

Renter-occupied30.0%

Median home value$271K

Vacancy rate2.9%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 96

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

Setbacks

Front20 ft

Side (each)5 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width53 ft

Buildable depth87 ft

Area~4,601 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 sfr / adu benchmarks for 4,601 sqft buildable area.

Est. units

Yield on cost

2.5%

Spread

-3.0%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
3929 10TH AVE S MINNEAPOLIS MN 55407	J D HOLMES & D J FORBES	RESIDENTIAL	$341,600	53 ft
3941 10TH AVE S MINNEAPOLIS MN 55407	K RANNEY & P J BROMELKAMP	RESIDENTIAL	$354,000	64 ft
3925 10TH AVE S MINNEAPOLIS MN 55407	EMILY OLIVER/DYLAN REYNOLDS	RESIDENTIAL	$374,000	95 ft
3945 10TH AVE S MINNEAPOLIS MN 55407	KATIE CLAPHAM	RESIDENTIAL-TWO UNIT	$352,300	117 ft
3932 11TH AVE S MINNEAPOLIS MN 55407	LISA E VAN DYKE	RESIDENTIAL	$238,000	138 ft
3921 10TH AVE S MINNEAPOLIS MN 55407	KATHLEEN S DONOHOE REVOC TR	RESIDENTIAL	$351,000	138 ft
3936 11TH AVE S MINNEAPOLIS MN 55407	BRIAN MAGRUDER	RESIDENTIAL	$292,000	141 ft
3928 11TH AVE S MINNEAPOLIS MN 55407	SCOTT D RAUN & IRENE M RAUN	RESIDENTIAL	$273,000	147 ft
3940 11TH AVE S MINNEAPOLIS MN 55407	J R HALBUR & K M HALBUR	RESIDENTIAL	$298,000	156 ft
3949 10TH AVE S MINNEAPOLIS MN 55407	ANDREA J STEELE	RESIDENTIAL	$382,200	159 ft

Property History

Most Recent Sale

Date202408

Price$273,240

TypeOTHER – SEE CERTIFICATE OF REAL ESTATE VALUE (CRV)

Current Tax Year

Year2026

Tax Due$4,519