3940 NOKOMIS AVE S MINNEAPOLIS MN 55406

PID: 1202824110154

Property Overview

Parcel ID1202824110154

Lot Size5,103 sq ft (0.117 ac)

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

Year Built1913

Property ClassRESIDENTIAL

OwnerIRON AND PINE HOMES LLC

Assessed Value$283,500

Land Value$121,000

Building Value$162,500

Annual Tax$6,460

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

9 permits on record since 2018 · $51K total declared value · Most recent: Oct 2022 (res)

ResOct 2022Closed

Phenomenal Plumbing Inc

MiscJul 2022Expired

$2K

Sterling Custom Homes LLC

ExistresJul 2022Closed

Ideal Air LLC

RemodelJul 2022Closed

$2K

Sterling Custom Homes LLC

RemodelJul 2022Closed

$14K

Habitat Doctor

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

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 depth88 ft

Area~2,626 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 2,626 sqft buildable area.

Est. units

Yield on cost

2.7%

Spread

-2.8%

Loading map…

Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
3936 NOKOMIS AVE S MINNEAPOLIS MN 55406	OFF THE CHART CONSULTING LLC	RESIDENTIAL-TWO UNIT	$360,100	40 ft
3944 NOKOMIS AVE S MINNEAPOLIS MN 55406	B G KLUGE & S M RICE	RESIDENTIAL	$280,500	40 ft
3932 NOKOMIS AVE S MINNEAPOLIS MN 55406	JEREMY POLOMNY	RESIDENTIAL	$288,900	80 ft
3948 NOKOMIS AVE S MINNEAPOLIS MN 55406	BRIGITTE MARIE VALTINSON	RESIDENTIAL	$176,700	80 ft
3928 NOKOMIS AVE S MINNEAPOLIS MN 55406	JANEL C JAMES	RESIDENTIAL	$312,300	120 ft
3952 NOKOMIS AVE S MINNEAPOLIS MN 55406	JOAN A GOAR REV TRUST	RESIDENTIAL	$263,900	120 ft
3941 30TH AVE S MINNEAPOLIS MN 55406	PINEWOOD LLC	RESIDENTIAL	$232,900	141 ft
3945 30TH AVE S MINNEAPOLIS MN 55406	ANNA-BELLA SAWYER-EWING	RESIDENTIAL	$264,500	147 ft
3937 30TH AVE S MINNEAPOLIS MN 55406	M B FELIEN SR & W M FELIEN	RESIDENTIAL	$279,100	147 ft
3956 NOKOMIS AVE S MINNEAPOLIS MN 55406	D WIERZBA & M WIERZBA	RESIDENTIAL	$331,100	155 ft

Property History

Most Recent Sale

Date202206

Price$290,000

TypePROBATE DEED

Current Tax Year

Year2026

Tax Due$6,460