3900 NOKOMIS AVE S MINNEAPOLIS MN 55406

PID: 1202824110145

Property Overview

Parcel ID1202824110145

Lot Size5,099 sq ft (0.117 ac)

Lot Dimensions (est.)127 ft wide × 40 ft deep

Year Built1911

Property ClassRESIDENTIAL

OwnerMATTHEW M FINNESGARD ET AL

Assessed Value$314,200

Land Value$121,000

Building Value$193,200

Annual Tax$4,590

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

13 permits on record since 2019 · $102K total declared value · Most recent: Aug 2025 (misc)

MiscAug 2025Final Inspection

$3K

RENEWAL BY ANDERSEN CORP

MiscApr 2024Cancelled

$13K

Apex Exteriors LLC

MiscApr 2024Closed

$13K

Apex Exteriors LLC

MiscOct 2023Closed

$20K

Streamline Exteriors

ExistresAug 2023Expired

Ray N Welter Heating Co

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

Neighborhood Profile

Standish · Minneapolis

Median reported rent1,387/mo

Renter-occupied12.2%

Median home value$296K

Vacancy rate5.3%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 1102

Market Snapshot

Zip code 55406

Median sale price$340K+3.0% YoY

Median price / sqft$248/sqft

Median days to close21 days

Active listings39

Source: Redfin Data Center (Invalid Date) · Zip 55406

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 width114 ft

Buildable depth0 ft

Area~2,362 sqft

Lot dimensions are insufficient for the standard setbacks shown.

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 2,362 sqft buildable area.

Est. units

Yield on cost

3.8%

Spread

-1.7%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
3904 NOKOMIS AVE S MINNEAPOLIS MN 55406	PAULA WEBER & STEPHAN WEBER	RESIDENTIAL-TWO UNIT	$446,600	40 ft
3908 NOKOMIS AVE S MINNEAPOLIS MN 55406	NATHANIEL J PHILLIPS	LOW INCOME RENTAL	$269,600	80 ft
3024 39TH ST E MINNEAPOLIS MN 55406	CHASE C BAKER	TOWNHOUSE	$426,900	103 ft
3912 NOKOMIS AVE S MINNEAPOLIS MN 55406	TERRI LYNN/NORMAN GARNER JR	RESIDENTIAL	$290,500	120 ft
3901 30TH AVE S MINNEAPOLIS MN 55406	D EBERHARD & B MCCRARY	RESIDENTIAL	$304,400	141 ft
3022 39TH ST E MINNEAPOLIS MN 55406	JOSH ROSARD/MICKAYLA ROSARD	TOWNHOUSE	$460,100	143 ft
3905 30TH AVE S MINNEAPOLIS MN 55406	JOHN T GOODRICH	RESIDENTIAL	$294,300	147 ft
3916 NOKOMIS AVE S MINNEAPOLIS MN 55406	SANDRA J JACKS	RESIDENTIAL	$278,300	160 ft
3909 30TH AVE S MINNEAPOLIS MN 55406	JASSAMINE O SAEKO	RESIDENTIAL	$251,200	162 ft
3901 NOKOMIS AVE S MINNEAPOLIS MN 55406	C CASTILLO/B ALBARRAN	RESIDENTIAL	$344,400	171 ft

Property History

Most Recent Sale

Date202204

Price$300,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$4,590