4304 16TH AVE S MINNEAPOLIS MN 55407

PID: 1102824410204

Property Overview

Parcel ID1102824410204

Lot Size11,793 sq ft (0.271 ac)

Lot Dimensions (est.)121 ft wide × 97 ft deep

Year Built1931

Property ClassRESIDENTIAL

OwnerKIMBERLY ESSO

Assessed Value$649,300

Land Value$201,000

Building Value$448,300

Annual Tax$10,535

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

6 permits on record since 2020 · $57K total declared value · Most recent: Sep 2025 (res)

ResSep 2025Final Inspection

Johnson Plumbing and Heating Co

ExistresSep 2025Closed

Johnson Plumbing and Heating Co

RemodelAug 2025Inspection

$40K

Executive Remodeling

ResAug 2025Inspection

CHAMPION PLUMBING LLC

MiscOct 2024Closed

$5K

THE HOME DEPOT

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

UN2Urban Neighborhood 2

Urban Neighborhood 2 — moderate-density residential

Typical Uses

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

Max Height35 ft

Development Potential

Front Street

On corner lots, the selected street determines which setbacks apply to each side.

Setbacks

Front20 ft

Interior side5 ft

Street side (est.)8 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width108 ft

Buildable depth57 ft

Area~6,850 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 6,850 sqft buildable area.

Est. units

Yield on cost

4.1%

Spread

-1.4%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
4308 16TH AVE S MINNEAPOLIS MN 55407	H MAINES & B M MAINES	RESIDENTIAL	$433,200	74 ft
4312 16TH AVE S MINNEAPOLIS MN 55407	M P HODAPP & E C MATTSON	RESIDENTIAL	$409,400	124 ft
4252 16TH AVE S MINNEAPOLIS MN 55407	J G HALVERSON & J HALVERSON	RESIDENTIAL	$408,500	134 ft
4303 BLOOMINGTON AVE S MINNEAPOLIS MN 55407	P E WONSAVAGE & K N FREYA	RESIDENTIAL	$387,700	136 ft
4307 BLOOMINGTON AVE MINNEAPOLIS MN 55407	SEAN KEIR & MANDE BICANICH	RESIDENTIAL	$389,800	141 ft
4311 BLOOMINGTON AVE MINNEAPOLIS MN 55407	LEANNA R SUAREZ	RESIDENTIAL	$395,900	157 ft
4316 16TH AVE S MINNEAPOLIS MN 55407	J GHENTS & B BOUDREAUX	RESIDENTIAL	$302,800	174 ft
4305 16TH AVE S MINNEAPOLIS MN 55407	KAMREN PETER KUBESH	RESIDENTIAL	$328,300	183 ft
1601 43RD ST E MINNEAPOLIS MN 55407	PATRICIA ANN WOLLAK	RESIDENTIAL	$354,000	183 ft
4313 BLOOMINGTON AVE MINNEAPOLIS MN 55407	KELLY E LEE	RESIDENTIAL-TWO UNIT	$398,900	183 ft

Property History

Most Recent Sale

Date201206

Price$212,199

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$10,535