612 39TH ST E MINNEAPOLIS MN 55407

PID: 1102824220045

Property Overview

Parcel ID1102824220045

Lot Size1,676 sq ft (0.038 ac)

Lot Dimensions (est.)39 ft wide × 43 ft deep

Year Built1910

Property ClassRESIDENTIAL

OwnerAMANI REICHERT-GIRON ET AL

Assessed Value$123,100

Land Value$51,000

Building Value$72,100

Annual Tax$1,407

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Development Opportunities

Opportunity ZoneHigh

Within a federally designated Qualified Opportunity Zone — investors may qualify for capital gains deferrals via a Qualified Opportunity Fund.

HUD Opportunity Zones ↗

Potential programs

Environmental Response FundMedium

Grants and loans for contamination assessment and cleanup on eligible redevelopment sites; does not indicate known contamination.

Minneapolis — Brownfield Grants ↗

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

Permit History

No permits found in Minneapolis open data for this parcel.

Neighborhood Profile

Minneapolis

Median reported rent1,284/mo

Renter-occupied41.2%

Median home value$251K

Vacancy rate2.6%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 95

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 width29 ft

Buildable depth3 ft

Area~88 sqft

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

Development Feasibility

Potentially Feasible

Back-of-envelope estimate based on sfr / adu benchmarks for 88 sqft buildable area.

Est. units

Yield on cost

14.1%

Spread

+8.6%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
3848 OAKLAND AVE MINNEAPOLIS MN 55407	ALYSSA MAKI	RESIDENTIAL	$425,700	58 ft
3852 OAKLAND AVE MINNEAPOLIS MN 55407	W ZEST & K ZEST	RESIDENTIAL	$235,200	59 ft
3853 PORTLAND AVE MINNEAPOLIS MN 55407	JANICE KOUANCHAO	RESIDENTIAL-TWO UNIT	$319,300	90 ft
3844 OAKLAND AVE MINNEAPOLIS MN 55407	O E STREMPLE & A J LANE	RESIDENTIAL	$230,300	94 ft
3849 PORTLAND AVE MINNEAPOLIS MN 55407	MATTHEW P HANSEN	RESIDENTIAL-TWO UNIT	$434,200	100 ft
3900 OAKLAND AVE MINNEAPOLIS MN 55407	C LEIFHEIT & R O LEIFHEIT	RESIDENTIAL	$373,500	110 ft
3845 PORTLAND AVE MINNEAPOLIS MN 55407	BRENDA L GLENN	RESIDENTIAL	$251,900	124 ft
3840 OAKLAND AVE MINNEAPOLIS MN 55407	ANDREW DODDS & JOANNA DODDS	RESIDENTIAL	$202,900	135 ft
3901 PORTLAND AVE MINNEAPOLIS MN 55407	MICHELLE L MILLER	LOW INCOME RENTAL	$345,200	137 ft
3904 OAKLAND AVE MINNEAPOLIS MN 55407	MARIA N CHIMBORAZO GUASCO	RESIDENTIAL	$290,800	150 ft

Property History

Most Recent Sale

Date202207

Price$201,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$1,407