4636 42ND AVE S MINNEAPOLIS MN 55406

PID: 1802823120017

Property Overview

Parcel ID1802823120017

Lot Size6,055 sq ft (0.139 ac)

Lot Dimensions (est.)166 ft wide × 36 ft deep

Year Built1925

Property ClassRESIDENTIAL

OwnerD/S HETHERINGTON REV TR

Assessed Value$349,000

Land Value$175,000

Building Value$174,000

Annual Tax$5,472

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

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

UN2Urban Neighborhood 2

Urban Neighborhood 2 — moderate-density residential

Typical Uses

·Duplexes
·Triplexes
·Small apartment buildings (≤4 units)

Max Height35 ft

Development Potential

Setbacks

Front20 ft

Side (each)5 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width26 ft

Buildable depth128 ft

Area~3,307 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 3,307 sqft buildable area.

Est. units

Yield on cost

3.8%

Spread

-1.7%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
4632 42ND AVE S MINNEAPOLIS MN 55406	DEAN HOEFLER & JEAN HOEFLER	RESIDENTIAL	$418,900	40 ft
4640 42ND AVE S MINNEAPOLIS MN 55406	A M LAWLER & E J BUCHANAN	RESIDENTIAL	$336,000	42 ft
4628 42ND AVE S MINNEAPOLIS MN 55406	H K M SPONBERG ET AL	RESIDENTIAL	$454,500	80 ft
4644 42ND AVE S MINNEAPOLIS MN 55406	JENNIFER M OBERPRILLER ET AL	RESIDENTIAL	$406,100	89 ft
4624 42ND AVE S MINNEAPOLIS MN 55406	C J PETIT & ELLEN H PETIT	RESIDENTIAL	$420,400	121 ft
4648 42ND AVE S MINNEAPOLIS MN 55406	GEORGE W THIEL	RESIDENTIAL	$320,000	135 ft
4645 MINNEHAHA AVE MINNEAPOLIS MN 55406	CAROL G M STROMBERG	RESIDENTIAL	$281,000	153 ft
4641 MINNEHAHA AVE MINNEAPOLIS MN 55406	ABDUREZAK A OMER	RESIDENTIAL-TWO UNIT	$363,600	155 ft
4620 42ND AVE S MINNEAPOLIS MN 55406	ALYSSA HALL/CHRISTIAN HALL	RESIDENTIAL	$380,000	161 ft
4649 MINNEHAHA AVE MINNEAPOLIS MN 55406	KEVIN B WINGE	RESIDENTIAL	$337,900	161 ft

Property History

Most Recent Sale

Date202512

Price$399,500

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$5,472