3849 COLUMBUS AVE MINNEAPOLIS MN 55407

PID: 1102824220164

Property Overview

Parcel ID1102824220164

Lot Size4,873 sq ft (0.112 ac)

Lot Dimensions (est.)122 ft wide × 40 ft deep

Year Built1918

Property ClassRESIDENTIAL

OwnerHANNAH LEVINE/JOEY JOHNSON

Assessed Value$354,900

Land Value$92,000

Building Value$262,900

Annual Tax$5,289

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

4 permits on record since 2021 · $34K total declared value · Most recent: Apr 2021 (remodel)

RemodelApr 2021Closed

$34K

Building Code Tech

ResApr 2021Closed

SWIFT HEATING & AIR CONDITIONING INC

ExistresApr 2021Closed

SWIFT HEATING & AIR CONDITIONING INC

ResApr 2021Closed

Accurate Plumbing INC

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

UN2Urban Neighborhood 2

Urban Neighborhood 2 — moderate-density residential

Typical Uses

·Duplexes
·Triplexes
·Small apartment buildings (≤4 units)

Max Height35 ft

Development Potential

Setbacks

Front20 ft

Side (each)5 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width30 ft

Buildable depth82 ft

Area~2,454 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 small multifamily (2–4 units, wood frame) benchmarks for 2,454 sqft buildable area.

Est. units

Yield on cost

3.7%

Spread

-1.8%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
3853 COLUMBUS AVE MINNEAPOLIS MN 55407	B L NOARD & D R RISING	RESIDENTIAL	$268,200	40 ft
3845 COLUMBUS AVE MINNEAPOLIS MN 55407	STEPHANIE E AUSEN TRUST	RESIDENTIAL	$269,200	40 ft
3859 COLUMBUS AVE MINNEAPOLIS MN 55407	MEREDITH G COLLINS	RESIDENTIAL	$284,800	80 ft
3841 COLUMBUS AVE MINNEAPOLIS MN 55407	J RYKER & M RYKER	RESIDENTIAL	$350,300	80 ft
3837 COLUMBUS AVE MINNEAPOLIS MN 55407	KEITH ANDERSON & MY D T VO	RESIDENTIAL	$285,000	120 ft
3848 CHICAGO AVE MINNEAPOLIS MN 55407	EPSTEIN ENTERPRISES LLC	RESIDENTIAL	$209,700	134 ft
3844 CHICAGO AVE MINNEAPOLIS MN 55407	ZASHY MEIDO LAVIN	RESIDENTIAL	$423,700	140 ft
3852 CHICAGO AVE MINNEAPOLIS MN 55407	MUCHTAR SAJADY/FATIMA SAJADY	RESIDENTIAL	$324,700	140 ft
3840 CHICAGO AVE MINNEAPOLIS MN 55407	KATHERINE E DAILEY	RESIDENTIAL	$267,500	156 ft
3856 CHICAGO AVE MINNEAPOLIS MN 55407	R L SCHULTZ & R T ALLEN	RESIDENTIAL	$293,600	156 ft

Property History

Most Recent Sale

Date202201

Price$317,500

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$5,289