4448 31ST AVE S MINNEAPOLIS MN 55406

PID: 1202824440129

Property Overview

Parcel ID1202824440129

Lot Size5,067 sq ft (0.116 ac)

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

Year Built1938

Property ClassRESIDENTIAL

OwnerRAE VINSON

Assessed Value$359,600

Land Value$141,000

Building Value$218,600

Annual Tax$5,546

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

6 permits on record since 2021 · $22K total declared value · Most recent: Jan 2023 (res)

ResJan 2023Closed

CenterPoint Energy Resource Corp

ResApr 2022Closed

Boevaag Plumbing Inc

ExistresNov 2021Closed

Otogawa-Anschel General Contractors & Consultants

ExistresApr 2021Closed

Metro Heating & Cooling LLC

ResMar 2021Closed

Farr Plumbing and Heating LLC

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

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 depth87 ft

Area~2,600 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 2,600 sqft buildable area.

Est. units

Yield on cost

2.7%

Spread

-2.8%

Loading map…

Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
4444 31ST AVE S MINNEAPOLIS MN 55406	JARED ANTONIO CUEVAS NAVA	RESIDENTIAL	$286,100	40 ft
4452 31ST AVE S MINNEAPOLIS MN 55406	ELIZABETH LEVI ET AL	RESIDENTIAL	$343,000	40 ft
4440 31ST AVE S MINNEAPOLIS MN 55406	S R PICKARD & L C SAMPERS	RESIDENTIAL	$317,900	80 ft
4456 31ST AVE S MINNEAPOLIS MN 55406	DANIEL MERLIN MCGUIRE ET AL	RESIDENTIAL	$397,500	80 ft
4436 31ST AVE S MINNEAPOLIS MN 55406	J CHAGNON & S K JOHNSON	RESIDENTIAL	$438,500	120 ft
3032 45TH ST E MINNEAPOLIS MN 55406	DAVID ZHAO	RESIDENTIAL	$302,000	124 ft
4449 NOKOMIS AVE S MINNEAPOLIS MN 55406	C M MARTENSON & B L FISHER	RESIDENTIAL	$408,700	141 ft
4445 NOKOMIS AVE S MINNEAPOLIS MN 55406	LAURA MAHUTCHIN TRUST	RESIDENTIAL	$248,200	146 ft
3100 45TH ST E MINNEAPOLIS MN 55406	MICHAEL C OSTER	RESIDENTIAL	$301,500	157 ft
4432 31ST AVE S MINNEAPOLIS MN 55406	BRIAN C HERB & MIKEL M HERB	RESIDENTIAL	$257,900	160 ft

Property History

Most Recent Sale

Date198804

Price$69,500

TypeOTHER – SEE CERTIFICATE OF REAL ESTATE VALUE (CRV)

Current Tax Year

Year2026

Tax Due$5,546