4401 NOKOMIS AVE S MINNEAPOLIS MN 55406

PID: 1202824440142

Property Overview

Parcel ID1202824440142

Lot Size3,069 sq ft (0.070 ac)

Lot Dimensions (est.)80 ft wide × 38 ft deep

Year Built1922

Property ClassRESIDENTIAL

OwnerKAREN A HANSEN

Assessed Value$191,600

Land Value$102,000

Building Value$89,600

Annual Tax$2,545

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

1 permit on record since 2023 · $5K total declared value · Most recent: Sep 2023 (misc)

MiscSep 2023Closed

$5K

INCLINE EXTERIORS

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

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 width67 ft

Buildable depth0 ft

Area~1,013 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 1,013 sqft buildable area.

Est. units

Yield on cost

3.0%

Spread

-2.5%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
4405 NOKOMIS AVE S MINNEAPOLIS MN 55406	TYLER SUTER	RESIDENTIAL	$252,800	46 ft
3033 44TH ST E MINNEAPOLIS MN 55406	S L MCINTOSH & M J MCINTOSH	RESIDENTIAL	$99,000	63 ft
4409 NOKOMIS AVE S MINNEAPOLIS MN 55406	ROBERT WILLIAM BROWN	RESIDENTIAL-TWO UNIT	$416,700	83 ft
4359 NOKOMIS AVE S MINNEAPOLIS MN 55406	EARL G SHUTT & DIANNE SHUTT	RESIDENTIAL	$480,000	102 ft
4413 NOKOMIS AVE S MINNEAPOLIS MN 55406	M BOOTH & T BARTELL	RESIDENTIAL	$361,800	121 ft
4353 NOKOMIS AVE S MINNEAPOLIS MN 55406	S L LAWRENCE ET AL	RESIDENTIAL	$273,800	141 ft
4400 31ST AVE S MINNEAPOLIS MN 55406	HANS HELLAND & ALEECE DEWALD	RESIDENTIAL	$355,700	164 ft
4400 NOKOMIS AVE S MINNEAPOLIS MN 55406	S R ENGLUND-HELMEKE ET AL	RESIDENTIAL-TWO UNIT	$500,900	164 ft
4404 31ST AVE S MINNEAPOLIS MN 55406	D N O'BRIEN & B R O'BRIEN	RESIDENTIAL	$381,400	168 ft
4417 NOKOMIS AVE S MINNEAPOLIS MN 55406	RAUL RAMOS	RESIDENTIAL	$368,000	171 ft

Property History

Most Recent Sale

Date198705

Price$47,000

TypeOTHER – SEE CERTIFICATE OF REAL ESTATE VALUE (CRV)

Current Tax Year

Year2026

Tax Due$2,545