2419 42ND ST E MINNEAPOLIS MN 55406

PID: 1202824420042

Property Overview

Parcel ID1202824420042

Lot Size5,290 sq ft (0.121 ac)

Lot Dimensions (est.)59 ft wide × 90 ft deep

Year Built1925

Property ClassRESIDENTIAL

OwnerLAURA GIESECKE

Assessed Value$341,000

Land Value$132,000

Building Value$209,000

Annual Tax$6,128

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

5 permits on record since 2019 · $7K total declared value · Most recent: Sep 2024 (misc)

MiscSep 2024Closed

$7K

HOFFMAN WEBER CONSTRUCTION INC

ResAug 2024Expired

Urban Pine Plumbing and Mechanical Inc

ResMay 2022Closed

CenterPoint Energy Resource Corp

ResDec 2020Closed

MN Plumbing & Home Services INC

ExistresMay 2019Closed

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 rent1,387/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

RM1Residence Goods and Services

Residential Mixed-Use 1 — low-density mixed residential

Typical Uses

·Apartments
·Townhomes
·Neighborhood-scale retail on ground floor

Max Height45 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.)10 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width44 ft

Buildable depth50 ft

Area~2,190 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 small multifamily (2–4 units, wood frame) benchmarks for 2,190 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
2415 42ND ST E MINNEAPOLIS MN 55406	CHRIS O HOLLAND-TUVE ET AL	RESIDENTIAL	$332,700	58 ft
4210 25TH AVE S MINNEAPOLIS MN 55406	MARK A HENDRICKSON TRUST	RESIDENTIAL	$371,000	83 ft
2501 42ND ST E MINNEAPOLIS MN 55406	T A & R L WASHINGTON	RESIDENTIAL	$270,000	113 ft
2411 42ND ST E MINNEAPOLIS MN 55406	ZACHARY KALEY & NANCY KALEY	RESIDENTIAL	$281,000	115 ft
4214 25TH AVE S MINNEAPOLIS MN 55406	LUCAS CHAMBERLAIN	RESIDENTIAL	$302,200	120 ft
4156 25TH AVE S MINNEAPOLIS MN 55406	DANIEL KLUVER	RESIDENTIAL	$391,200	146 ft
4209 25TH AVE S MINNEAPOLIS MN 55406	C L B LOOS & M E LOOS	RESIDENTIAL	$405,600	154 ft
4220 25TH AVE S MINNEAPOLIS MN 55406	R L RADCLIFF & K J RADCLIFF	RESIDENTIAL	$336,400	157 ft
2509 42ND ST E MINNEAPOLIS MN 55406	EDWARD R LEFTO	RESIDENTIAL	$413,000	166 ft
4215 25TH AVE S MINNEAPOLIS MN 55406	MARIA C MORZENTI	RESIDENTIAL	$248,100	173 ft

Property History

Most Recent Sale

Date201604

Price$257,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$6,128