4032 11TH AVE S MINNEAPOLIS MN 55407

PID: 1102824240040

Property Overview

Parcel ID1102824240040

Lot Size4,983 sq ft (0.114 ac)

Lot Dimensions (est.)125 ft wide × 40 ft deep

Year Built1912

Property ClassRESIDENTIAL

OwnerPATRICK H SCHULZ

Assessed Value$307,000

Land Value$93,000

Building Value$214,000

Annual Tax$4,470

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 width30 ft

Buildable depth85 ft

Area~2,537 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 2,537 sqft buildable area.

Est. units

Yield on cost

2.9%

Spread

-2.6%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
4028 11TH AVE S MINNEAPOLIS MN 55407	JACK L & JUDY K SWAGGERT	RESIDENTIAL	$269,300	40 ft
4036 11TH AVE S MINNEAPOLIS MN 55407	PAUL T LUOMA	RESIDENTIAL	$348,000	40 ft
4024 11TH AVE S MINNEAPOLIS MN 55407	KYLE J SMITH/MARY C DYBVIG	RESIDENTIAL	$331,900	80 ft
4040 11TH AVE S MINNEAPOLIS MN 55407	D R TANNER/M GABRIEL-TANNER	RESIDENTIAL	$290,700	80 ft
4020 11TH AVE S MINNEAPOLIS MN 55407	L B MCGINTY & R D MCGINTY	RESIDENTIAL	$607,000	120 ft
4044 11TH AVE S MINNEAPOLIS MN 55407	S A CORNELL & L K CORNELL	RESIDENTIAL	$395,500	120 ft
4033 10TH AVE S MINNEAPOLIS MN 55407	KRISTIN & ALEXANDER STERN	RESIDENTIAL	$336,400	138 ft
4037 10TH AVE S MINNEAPOLIS MN 55407	WALTER P OBERSTAR ETAL RE TR	RESIDENTIAL	$306,000	144 ft
4029 10TH AVE S MINNEAPOLIS MN 55407	JANE M BURNETT	RESIDENTIAL	$330,800	144 ft
4016 11TH AVE S MINNEAPOLIS MN 55407	TAMMY BREVIG	RESIDENTIAL	$259,000	160 ft

Property History

Most Recent Sale

Date200909

Price$207,300

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$4,470