4001 24TH AVE S MINNEAPOLIS MN 55406

PID: 1202824130138

Property Overview

Parcel ID1202824130138

Lot Size4,105 sq ft (0.094 ac)

Lot Dimensions (est.)122 ft wide × 34 ft deep

Year Built1926

Property ClassRESIDENTIAL

OwnerJANE E FJERSTAD

Assessed Value$356,000

Land Value$109,000

Building Value$247,000

Annual Tax$5,287

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

3 permits on record since 2008 · $51K total declared value · Most recent: May 2026 (remodel)

RemodelMay 2026Closed

$623.53

AMERICAN WATERWORKS

ResMay 2022Closed

CenterPoint Energy Resource Corp

Building Re-inspectionMay 2008

$50K

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

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 width109 ft

Buildable depth0 ft

Area~1,692 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 sfr / adu benchmarks for 1,692 sqft buildable area.

Est. units

Yield on cost

2.0%

Spread

-3.5%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
4005 24TH AVE S MINNEAPOLIS MN 55406	TAMARA S MORRIS	RESIDENTIAL	$289,100	36 ft
4007 24TH AVE S MINNEAPOLIS MN 55406	CHRISTOPHER P DRAYTON	RESIDENTIAL	$234,800	77 ft
3957 24TH AVE S MINNEAPOLIS MN 55406	ERIN YESS & MICHAEL PETERSON	RESIDENTIAL	$289,800	114 ft
4011 24TH AVE S MINNEAPOLIS MN 55406	SABA PROPERTIES LLC	RESIDENTIAL	$302,200	117 ft
4000 25TH AVE S MINNEAPOLIS MN 55406	PATRICIA L COX TRUST	RESIDENTIAL	$262,000	136 ft
4004 25TH AVE S MINNEAPOLIS MN 55406	JASON DOYLE LAWTON	RESIDENTIAL	$242,000	141 ft
3953 24TH AVE S MINNEAPOLIS MN 55406	MOLLY K O'MEARA	RESIDENTIAL	$262,700	150 ft
4008 25TH AVE S MINNEAPOLIS MN 55406	SHARON L SOLFEST	RESIDENTIAL	$339,000	156 ft
4015 24TH AVE S MINNEAPOLIS MN 55406	TIMOTHY THOMAS IGOE	RESIDENTIAL	$231,600	157 ft
3956 25TH AVE S MINNEAPOLIS MN 55406	N P MUNZNER & S R OEHRLEIN	RESIDENTIAL	$332,100	178 ft

Property History

Most Recent Sale

Date199105

Price$72,500

TypeOTHER – SEE CERTIFICATE OF REAL ESTATE VALUE (CRV)

Current Tax Year

Year2026

Tax Due$5,287