4114 31ST AVE S MINNEAPOLIS MN 55406

PID: 1202824140063

Property Overview

Parcel ID1202824140063

Lot Size5,078 sq ft (0.117 ac)

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

Year Built1950

Property ClassRESIDENTIAL

OwnerSEBLEWONGEL A NEGASH

Assessed Value$313,100

Land Value$123,000

Building Value$190,100

Annual Tax$4,701

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

4 permits on record since 2017 · $18K total declared value · Most recent: Feb 2023 (misc)

MiscFeb 2023Closed

$10K

Options Exteriors

MiscJul 2022Closed

$8K

Options Exteriors

ResMay 2022Closed

CenterPoint Energy Resource Corp

ExistresOct 2017Closed

Freedom Heating and Air Conditioning Inc

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 depth87 ft

Area~2,607 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 2,607 sqft buildable area.

Est. units

Yield on cost

2.7%

Spread

-2.8%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
4110 31ST AVE S MINNEAPOLIS MN 55406	FARDOWSO ABDINUR LIVING TR	RESIDENTIAL	$364,600	40 ft
4118 31ST AVE S MINNEAPOLIS MN 55406	ERIC LEE WIDGA	RESIDENTIAL	$343,500	40 ft
4106 31ST AVE S MINNEAPOLIS MN 55406	STEVEN & NICOLE SHELDON	RESIDENTIAL	$420,100	80 ft
4122 31ST AVE S MINNEAPOLIS MN 55406	ROBERT A RITTEN	RESIDENTIAL	$309,000	80 ft
4102 31ST AVE S MINNEAPOLIS MN 55406	JASON M MEISSNER	RESIDENTIAL	$240,800	120 ft
4126 31ST AVE S MINNEAPOLIS MN 55406	K M BANGSTON & K R BANGSTON	RESIDENTIAL	$200,500	120 ft
4115 NOKOMIS AVE S MINNEAPOLIS MN 55406	LILLY O RICHARD	RESIDENTIAL	$196,300	140 ft
4121 NOKOMIS AVE S MINNEAPOLIS MN 55406	RAYMOND J HURD & WIFE	RESIDENTIAL	$208,100	146 ft
4113 NOKOMIS AVE S MINNEAPOLIS MN 55406	NICOLE C BATES	RESIDENTIAL	$337,000	146 ft
4100 31ST AVE S MINNEAPOLIS MN 55406	I FLENNIKEN & E A BARON	RESIDENTIAL	$228,600	155 ft

Property History

Most Recent Sale

Date200308

Price$180,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$4,701