4641 42ND AVE S MINNEAPOLIS MN 55406

PID: 1802823110075

Property Overview

Parcel ID1802823110075

Lot Size5,032 sq ft (0.116 ac)

Lot Dimensions (est.)128 ft wide × 39 ft deep

Year Built1922

Property ClassRESIDENTIAL

OwnerR L MILLER & T W ROSENOW

Assessed Value$361,900

Land Value$176,000

Building Value$185,900

Annual Tax$5,385

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

Hiawatha · Minneapolis

Median reported rent1,554/mo

Renter-occupied38.8%

Median home value$306K

Vacancy rate5.9%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 1105

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 width40 ft

Buildable depth61 ft

Area~2,544 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 2,544 sqft buildable area.

Est. units

Yield on cost

2.6%

Spread

-2.9%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
4645 42ND AVE S MINNEAPOLIS MN 55406	JOY HAGELBERGER	RESIDENTIAL	$471,500	42 ft
4637 42ND AVE S MINNEAPOLIS MN 55406	E A MAMMEN & J SALITA	RESIDENTIAL	$337,000	42 ft
4649 42ND AVE S MINNEAPOLIS MN 55406	THOMAS CLARK & ERIN CLARK	RESIDENTIAL	$412,700	82 ft
4635 42ND AVE S MINNEAPOLIS MN 55406	JANICE K PETTIT TRUST	RESIDENTIAL	$321,600	82 ft
4653 42ND AVE S MINNEAPOLIS MN 55406	ROLF H HAGE	RESIDENTIAL	$456,500	119 ft
4629 42ND AVE S MINNEAPOLIS MN 55406	MARIJA E UGSTAD	RESIDENTIAL	$334,000	123 ft
4636 43RD AVE S MINNEAPOLIS MN 55406	JOANN M LYNCH	RESIDENTIAL	$449,400	145 ft
4640 43RD AVE S MINNEAPOLIS MN 55406	E W SIMMONS & J A SIMMONS	RESIDENTIAL	$532,000	152 ft
4627 42ND AVE S MINNEAPOLIS MN 55406	WADE R JOHNSON	RESIDENTIAL	$379,600	162 ft
4632 43RD AVE S MINNEAPOLIS MN 55406	SUSAN A ELSNER	RESIDENTIAL	$307,000	163 ft

Property History

Most Recent Sale

Date198310

Price$68,500

TypeOTHER – SEE CERTIFICATE OF REAL ESTATE VALUE (CRV)

Current Tax Year

Year2026

Tax Due$5,385