4237 16TH AVE S MINNEAPOLIS MN 55407

PID: 1102824410194

Property Overview

Parcel ID1102824410194

Lot Size9,126 sq ft (0.210 ac)

Lot Dimensions (est.)122 ft wide × 75 ft deep

Year Built1954

Property ClassRESIDENTIAL-TWO UNIT

OwnerE HAWES-VAN PELT/F VAN PELT

Assessed Value$514,800

Land Value$176,000

Building Value$338,800

Annual Tax$9,738

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

7 permits on record since 2016 · $21K total declared value · Most recent: Mar 2026 (res)

ResMar 2026Inspection

Home Express Delivery Service LLC

ExistresSep 2025Closed

Ray N Welter Heating Co

ExistresJun 2020Closed

Ray N Welter Heating Co

RemodelJun 2020Closed

$5K

CRAFT CONSTRUCTION LLC

ResMay 2020Closed

Roberts Plumbing Inc

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

Neighborhood Profile

Northrop · Minneapolis

Median reported rent1,090/mo

Renter-occupied19.0%

Median home value$334K

Vacancy rate0.0%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 110

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 width65 ft

Buildable depth82 ft

Area~5,309 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 5,309 sqft buildable area.

Est. units

Yield on cost

2.8%

Spread

-2.7%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
1600 43RD ST E MINNEAPOLIS MN 55407	A L GLICK & K R GLICK	RESIDENTIAL	$341,600	60 ft
4233 16TH AVE S MINNEAPOLIS MN 55407	E J S FRANCOIS/K W FRANCOIS	RESIDENTIAL	$305,100	62 ft
4229 16TH AVE S MINNEAPOLIS MN 55407	MAGNO ORTIZ/RIGOBERTO ORTIZ	RESIDENTIAL-TWO UNIT	$455,800	125 ft
4236 17TH AVE S MINNEAPOLIS MN 55407	J BEHRHORST & C I GLOVER	RESIDENTIAL	$354,800	136 ft
1616 43RD ST E MINNEAPOLIS MN 55407	T A CISCO III & KARA T CISCO	RESIDENTIAL	$374,700	143 ft
4232 17TH AVE S MINNEAPOLIS MN 55407	J THRUBIS & S E ELLSWORTH	RESIDENTIAL	$341,700	149 ft
1601 43RD ST E MINNEAPOLIS MN 55407	PATRICIA ANN WOLLAK	RESIDENTIAL	$354,000	163 ft
4228 17TH AVE S MINNEAPOLIS MN 55407	CITY OF LAKES COMM LAND TRST	RESIDENTIAL	$285,400	176 ft
4248 16TH AVE S MINNEAPOLIS MN 55407	COURTNEY ARTHUR	RESIDENTIAL	$327,600	181 ft
4242 16TH AVE S MINNEAPOLIS MN 55407	NICOLE ELIZABETH NILES	RESIDENTIAL	$379,200	186 ft

Property History

Most Recent Sale

Date202010

Price$495,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$9,738