4644 42ND AVE S MINNEAPOLIS MN 55406

PID: 1802823120019

Property Overview

Parcel ID1802823120019

Lot Size6,147 sq ft (0.141 ac)

Lot Dimensions (est.)146 ft wide × 42 ft deep

Year Built1921

Property ClassRESIDENTIAL

OwnerJENNIFER M OBERPRILLER ET AL

Assessed Value$406,100

Land Value$175,000

Building Value$231,100

Annual Tax$6,123

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

3 permits on record since 2017 · Most recent: Dec 2022 (existres)

ExistresDec 2022Expired

Ray N Welter Heating Co

ResApr 2020Closed

Linn Star Transfer Inc

ResFeb 2017Closed

Urban Pine Plumbing and Mechanical Inc

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

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

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 width28 ft

Buildable depth122 ft

Area~3,358 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 3,358 sqft buildable area.

Est. units

Yield on cost

3.7%

Spread

-1.8%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
4640 42ND AVE S MINNEAPOLIS MN 55406	A M LAWLER & E J BUCHANAN	RESIDENTIAL	$336,000	47 ft
4648 42ND AVE S MINNEAPOLIS MN 55406	GEORGE W THIEL	RESIDENTIAL	$320,000	47 ft
4636 42ND AVE S MINNEAPOLIS MN 55406	D/S HETHERINGTON REV TR	RESIDENTIAL	$349,000	89 ft
4652 42ND AVE S MINNEAPOLIS MN 55406	THOMAS LEE MONTROSE	RESIDENTIAL	$298,000	90 ft
4632 42ND AVE S MINNEAPOLIS MN 55406	DEAN HOEFLER & JEAN HOEFLER	RESIDENTIAL	$418,900	128 ft
4656 42ND AVE S MINNEAPOLIS MN 55406	ROSS MACHOLAN & SALLY HOPLEY	RESIDENTIAL	$397,700	130 ft
4701 MINNEHAHA AVE MINNEAPOLIS MN 55406	LEE ANN F HILSTROM	RESIDENTIAL-TWO UNIT	$351,300	141 ft
4649 MINNEHAHA AVE MINNEAPOLIS MN 55406	KEVIN B WINGE	RESIDENTIAL	$337,900	146 ft
4705 MINNEHAHA AVE MINNEAPOLIS MN 55406	MICHELLE MONTEIRO	RESIDENTIAL	$486,200	147 ft
4645 MINNEHAHA AVE MINNEAPOLIS MN 55406	CAROL G M STROMBERG	RESIDENTIAL	$281,000	160 ft

Property History

Most Recent Sale

Date199910

Price$144,700

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$6,123