4000 LONGFELLOW AVE MINNEAPOLIS MN 55407

PID: 1202824230087

Property Overview

Parcel ID1202824230087

Lot Size4,884 sq ft (0.112 ac)

Lot Dimensions (est.)122 ft wide × 40 ft deep

Year Built1951

Property ClassRESIDENTIAL

OwnerJOHN BENJAMIN PETERSON

Assessed Value$264,100

Land Value$121,000

Building Value$143,100

Annual Tax$4,192

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

1 permit on record since 2022 · Most recent: Apr 2022 (res)

ResApr 2022Closed

CenterPoint Energy Resource Corp

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~2,217 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 small multifamily (2–4 units, wood frame) benchmarks for 2,217 sqft buildable area.

Est. units

Yield on cost

3.2%

Spread

-2.3%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
4004 LONGFELLOW AVE MINNEAPOLIS MN 55407	S R DAVIDSON & A R BRATT	RESIDENTIAL	$327,200	40 ft
4008 LONGFELLOW AVE MINNEAPOLIS MN 55407	JYMME GOLDEN TRUST	RESIDENTIAL	$160,700	80 ft
3958 LONGFELLOW AVE MINNEAPOLIS MN 55407	S T & L E ROYCE	RESIDENTIAL	$262,500	112 ft
4012 LONGFELLOW AVE MINNEAPOLIS MN 55407	JUDITH A KERSTING	RESIDENTIAL	$266,400	120 ft
4001 CEDAR AVE S MINNEAPOLIS MN 55407	Z DELVENTHAL & L DELVENTHAL	RESIDENTIAL	$280,000	136 ft
4005 CEDAR AVE S MINNEAPOLIS MN 55407	KEITH A HANSEN	RESIDENTIAL	$160,500	141 ft
3952 LONGFELLOW AVE MINNEAPOLIS MN 55407	DANTE RODONDI	RESIDENTIAL	$418,400	144 ft
4009 CEDAR AVE S MINNEAPOLIS MN 55407	CHRISTOPHER JOHN OLWELL	RESIDENTIAL	$296,100	157 ft
4016 LONGFELLOW AVE MINNEAPOLIS MN 55407	W E BRADLEY & A YAYA-BRADLEY	RESIDENTIAL	$357,800	160 ft
4015 CEDAR AVE S MINNEAPOLIS MN 55407	ROBB J DOSER	RESIDENTIAL-TWO UNIT	$332,200	181 ft

Property History

Most Recent Sale

Date202104

Price$267,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$4,192