4241 NOKOMIS AVE S MINNEAPOLIS MN 55406

PID: 1202824410136

Property Overview

Parcel ID1202824410136

Lot Size5,051 sq ft (0.116 ac)

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

Year Built1938

Property ClassRESIDENTIAL

OwnerAARON TELANDER

Assessed Value$260,100

Land Value$133,000

Building Value$127,100

Annual Tax$3,688

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

No permits found in Minneapolis open data for this parcel.

Neighborhood Profile

Ericsson · Minneapolis

Median reported rent1,733/mo

Renter-occupied14.2%

Median home value$372K

Vacancy rate2.6%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 1111

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 depth86 ft

Area~2,588 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 2,588 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
4243 NOKOMIS AVE S MINNEAPOLIS MN 55406	STEVEN J LIDSTONE	RESIDENTIAL	$272,900	40 ft
4237 NOKOMIS AVE S MINNEAPOLIS MN 55406	A M L DE TURCIOS/L C TURCIOS	RESIDENTIAL	$306,400	40 ft
4249 NOKOMIS AVE S MINNEAPOLIS MN 55406	ROBERT K EVEREST	RESIDENTIAL	$296,400	80 ft
4231 NOKOMIS AVE S MINNEAPOLIS MN 55406	DANIEL M CUNNINGHAM ET AL	RESIDENTIAL	$674,000	80 ft
4253 NOKOMIS AVE S MINNEAPOLIS MN 55406	ROBERT K EVEREST	RESIDENTIAL	$335,100	120 ft
4227 NOKOMIS AVE S MINNEAPOLIS MN 55406	C M ELIAS & L R STARCK	RESIDENTIAL	$320,400	120 ft
4238 31ST AVE S MINNEAPOLIS MN 55406	MARY L PRILL	RESIDENTIAL	$261,800	140 ft
4236 31ST AVE S MINNEAPOLIS MN 55406	B L REYKDAL & K REYKDAL	RESIDENTIAL	$427,400	145 ft
4244 31ST AVE S MINNEAPOLIS MN 55406	DAVID L ZINGLER ET AL	RESIDENTIAL	$295,700	146 ft
4257 NOKOMIS AVE S MINNEAPOLIS MN 55406	KRISTI MARIE COONEY TRUST	RESIDENTIAL	$500,400	158 ft

Property History

Most Recent Sale

Date202506

Price$325,000

TypeOTHER – SEE CERTIFICATE OF REAL ESTATE VALUE (CRV)

Current Tax Year

Year2026

Tax Due$3,688