4103 NOKOMIS AVE S MINNEAPOLIS MN 55406

PID: 1202824140087

Property Overview

Parcel ID1202824140087

Lot Size5,045 sq ft (0.116 ac)

Lot Dimensions (est.)126 ft wide × 40 ft deep

Year Built1925

Property ClassRESIDENTIAL

OwnerK M LAJINESS & D R ELLIS

Assessed Value$362,800

Land Value$122,000

Building Value$240,800

Annual Tax$5,401

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictUnknown

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

No permits found in Minneapolis open data for this parcel.

Neighborhood Profile

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 width113 ft

Buildable depth0 ft

Area~2,325 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 2,325 sqft buildable area.

Est. units

Yield on cost

1.5%

Spread

-4.0%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
4101 NOKOMIS AVE S MINNEAPOLIS MN 55406	R M REMINGTON/L J HAEFEMEYER	RESIDENTIAL	$299,000	35 ft
4107 NOKOMIS AVE S MINNEAPOLIS MN 55406	S C MUNNELLY & B A FOY	RESIDENTIAL	$354,200	40 ft
4113 NOKOMIS AVE S MINNEAPOLIS MN 55406	NICOLE C BATES	RESIDENTIAL	$337,000	80 ft
4115 NOKOMIS AVE S MINNEAPOLIS MN 55406	LILLY O RICHARD	RESIDENTIAL	$196,300	120 ft
4055 NOKOMIS AVE S MINNEAPOLIS MN 55406	KATE REBECCA NELSON	RESIDENTIAL	$375,700	130 ft
4102 31ST AVE S MINNEAPOLIS MN 55406	JASON M MEISSNER	RESIDENTIAL	$240,800	140 ft
4100 31ST AVE S MINNEAPOLIS MN 55406	I FLENNIKEN & E A BARON	RESIDENTIAL	$228,600	144 ft
4106 31ST AVE S MINNEAPOLIS MN 55406	STEVEN & NICOLE SHELDON	RESIDENTIAL	$420,100	146 ft
4121 NOKOMIS AVE S MINNEAPOLIS MN 55406	RAYMOND J HURD & WIFE	RESIDENTIAL	$208,100	161 ft
4110 31ST AVE S MINNEAPOLIS MN 55406	FARDOWSO ABDINUR LIVING TR	RESIDENTIAL	$364,600	162 ft

Property History

Most Recent Sale

Date202107

Price$380,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$5,401