3958 LONGFELLOW AVE MINNEAPOLIS MN 55407

PID: 1202824220131

Property Overview

Parcel ID1202824220131

Lot Size3,056 sq ft (0.070 ac)

Lot Dimensions (est.)122 ft wide × 25 ft deep

Year Built1916

Property ClassRESIDENTIAL

OwnerS T & L E ROYCE

Assessed Value$262,500

Land Value$93,000

Building Value$169,500

Annual Tax$3,728

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

1 permit on record since 2024 · Most recent: Jun 2024 (existres)

ExistresJun 2024Closed

Home Energy Center Inc

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

Neighborhood Profile

Standish · Minneapolis

Median reported rent1,159/mo

Renter-occupied26.1%

Median home value$309K

Vacancy rate2.1%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 1101

Market Snapshot

Zip code 55407

Median sale price$340K+1.5% YoY

Median price / sqft$214/sqft

Median days to close22 days

Active listings49

Source: Redfin Data Center (Invalid Date) · Zip 55407

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 width109 ft

Buildable depth0 ft

Area~989 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 989 sqft buildable area.

Est. units

Yield on cost

3.1%

Spread

-2.4%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
3952 LONGFELLOW AVE MINNEAPOLIS MN 55407	DANTE RODONDI	RESIDENTIAL	$418,400	32 ft
3948 LONGFELLOW AVE MINNEAPOLIS MN 55407	C J SCHNEIDER & N M DRILLING	RESIDENTIAL	$303,100	73 ft
4000 LONGFELLOW AVE MINNEAPOLIS MN 55407	JOHN BENJAMIN PETERSON	RESIDENTIAL	$264,100	112 ft
3944 LONGFELLOW AVE MINNEAPOLIS MN 55407	JOSHUA T CREW	RESIDENTIAL	$276,800	113 ft
3955 CEDAR AVE S MINNEAPOLIS MN 55407	THE RJW FOUNDATION	APARTMENT	$640,000	137 ft
3940 LONGFELLOW AVE MINNEAPOLIS MN 55407	PAUL D HIRN	RESIDENTIAL	$391,800	152 ft
4004 LONGFELLOW AVE MINNEAPOLIS MN 55407	S R DAVIDSON & A R BRATT	RESIDENTIAL	$327,200	152 ft
3949 CEDAR AVE S MINNEAPOLIS MN 55407	ERIC DUERR	RESIDENTIAL	$225,800	154 ft
4001 CEDAR AVE S MINNEAPOLIS MN 55407	Z DELVENTHAL & L DELVENTHAL	RESIDENTIAL	$280,000	176 ft
3945 CEDAR AVE S MINNEAPOLIS MN 55407	W J MANOSKI & A T WALKER	RESIDENTIAL	$236,200	177 ft

Property History

Most Recent Sale

Date199206

Price$58,000

TypeOTHER – SEE CERTIFICATE OF REAL ESTATE VALUE (CRV)

Current Tax Year

Year2026

Tax Due$3,728