4408 16TH AVE S MINNEAPOLIS MN 55407

PID: 1102824440199

Property Overview

Parcel ID1102824440199

Lot Size5,509 sq ft (0.126 ac)

Lot Dimensions (est.)122 ft wide × 45 ft deep

Year Built1947

Property ClassRESIDENTIAL

OwnerC H STOKES & S STOOS

Assessed Value$338,200

Land Value$147,000

Building Value$191,200

Annual Tax$4,990

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

10 permits on record since 2018 · $13K total declared value · Most recent: Jan 2021 (existres)

ExistresJan 2021Closed

Hero Home Services LLC

ExistresJul 2020Closed

Midland HVAC LLC

MiscJun 2020Closed

$2K

BUDGET EXTERIORS INC

ResFeb 2020Closed

MN Plumbing & Home Services INC

ResJul 2019Closed

Cities 1 Plumbing and Heating 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

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 width35 ft

Buildable depth82 ft

Area~2,884 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 2,884 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
4404 16TH AVE S MINNEAPOLIS MN 55407	C A & M E MORELAND	RESIDENTIAL	$317,000	45 ft
4412 16TH AVE S MINNEAPOLIS MN 55407	THEODORE A BORTH	RESIDENTIAL	$315,000	45 ft
4416 16TH AVE S MINNEAPOLIS MN 55407	JAMES HEY	RESIDENTIAL	$343,600	90 ft
4400 16TH AVE S MINNEAPOLIS MN 55407	JEFFREY A BRIETICH	RESIDENTIAL	$347,100	93 ft
4420 16TH AVE S MINNEAPOLIS MN 55407	B WHITE & R WIERSMA	RESIDENTIAL	$397,400	135 ft
4409 BLOOMINGTON AVE MINNEAPOLIS MN 55407	NATHAN R BABBS/SARA G BABBS	RESIDENTIAL	$339,700	136 ft
4415 BLOOMINGTON AVE MINNEAPOLIS MN 55407	CHRISTOPHER HANSEN	RESIDENTIAL	$352,700	143 ft
4405 BLOOMINGTON AVE MINNEAPOLIS MN 55407	KARL R TRIEBENBACH ET AL	RESIDENTIAL	$352,900	143 ft
4417 BLOOMINGTON AVE MINNEAPOLIS MN 55407	W GLASPER & T GLASPER	RESIDENTIAL	$375,600	163 ft
4401 BLOOMINGTON AVE MINNEAPOLIS MN 55407	JOAB V OSORNO	RESIDENTIAL-TWO UNIT	$354,800	165 ft

Property History

Most Recent Sale

Date202209

Price$330,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$4,990