3920 OAKLAND AVE MINNEAPOLIS MN 55407

PID: 1102824220064

Property Overview

Parcel ID1102824220064

Lot Size4,931 sq ft (0.113 ac)

Lot Dimensions (est.)117 ft wide × 42 ft deep

Year Built1908

Property ClassRESIDENTIAL

OwnerJ L SCHOONOVER & G J SAVANT

Assessed Value$336,100

Land Value$92,000

Building Value$244,100

Annual Tax$4,974

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

3 permits on record since 2017 · Most recent: May 2025 (res)

ResMay 2025Inspection

Genz-Ryan Plumbing and Heating Co

ResDec 2021Closed

Adam's On-Time Plumbing & Water Heaters LLC

ResJan 2017Closed

CENTERPOINT ENERGY

Source: Minneapolis open data. Declared construction values are applicant-reported and may not reflect actual project cost.

Neighborhood Profile

Bryant · 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 width32 ft

Buildable depth77 ft

Area~2,477 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 2,477 sqft buildable area.

Est. units

Yield on cost

3.0%

Spread

-2.5%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
3916 OAKLAND AVE MINNEAPOLIS MN 55407	SCOTT C MCDONALD	RESIDENTIAL	$321,700	42 ft
3924 OAKLAND AVE MINNEAPOLIS MN 55407	GREG A POULSON	RESIDENTIAL	$183,100	42 ft
3912 OAKLAND AVE MINNEAPOLIS MN 55407	A M DAVID & J R CHRISTENSEN	RESIDENTIAL	$284,900	84 ft
3928 OAKLAND AVE MINNEAPOLIS MN 55407	STEPHANIE SAI XIONG	RESIDENTIAL	$232,700	84 ft
3908 OAKLAND AVE MINNEAPOLIS MN 55407	H G BEDWARD & P V BEDWARD	RESIDENTIAL-TWO UNIT	$303,700	126 ft
3932 OAKLAND AVE MINNEAPOLIS MN 55407	J L ROLAND & K G ROLAND	RESIDENTIAL	$376,700	126 ft
3921 PORTLAND AVE MINNEAPOLIS MN 55407	LESLIE A & WILLIS BURKS III	RESIDENTIAL	$299,400	129 ft
3925 PORTLAND AVE MINNEAPOLIS MN 55407	JAMES C HEWITT	RESIDENTIAL	$243,400	136 ft
3917 PORTLAND AVE MINNEAPOLIS MN 55407	NICHOLAS CAPITAL INC	RESIDENTIAL	$390,400	136 ft
3929 PORTLAND AVE MINNEAPOLIS MN 55407	MAXWELL D SMITH	RESIDENTIAL	$365,000	154 ft

Property History

Most Recent Sale

Date202504

Price$395,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$4,974