4811 38TH AVE S MINNEAPOLIS MN 55417

PID: 1802823130045

Property Overview

Parcel ID1802823130045

Lot Size5,450 sq ft (0.125 ac)

Lot Dimensions (est.)109 ft wide × 50 ft deep

Year Built1914

Property ClassRESIDENTIAL

OwnerFRANCIS X GARCIA ZAAVEDRA

Assessed Value$281,000

Land Value$154,000

Building Value$127,000

Annual Tax$4,333

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

2 permits on record since 2022 · $5K total declared value · Most recent: Dec 2025 (res)

ResDec 2025Final Inspection

CenterPoint Energy Resource Corp

MiscMar 2022Expired

$5K

Francis X Zaavedra

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

Neighborhood Profile

Minnehaha · Minneapolis

Median reported rent1,555/mo

Renter-occupied20.2%

Median home value$286K

Vacancy rate11.3%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 119.98

Market Snapshot

Zip code 55417

Median sale price$371K-4.4% YoY

Median price / sqft$244/sqft

Median days to close34 days

Active listings28

Source: Redfin Data Center (Invalid Date) · Zip 55417

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 depth69 ft

Area~2,758 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 2,758 sqft buildable area.

Est. units

Yield on cost

2.5%

Spread

-3.0%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
4815 38TH AVE S MINNEAPOLIS MN 55417	AARON P SWENNINGSON ET AL	RESIDENTIAL	$335,000	63 ft
4807 38TH AVE S MINNEAPOLIS MN 55417	CITY OF MPLS PK BD	VACANT LAND-RESIDENTIAL	$0	82 ft
4806 39TH AVE S MINNEAPOLIS MN 55417	CITY OF MPLS PK BD	VACANT LAND-RESIDENTIAL	$0	85 ft
4812 39TH AVE S MINNEAPOLIS MN 55417	JOHN A LIDEN TRUST ET AL	RESIDENTIAL	$639,900	103 ft
4803 38TH AVE S MINNEAPOLIS MN 55417	CITY OF MPLS PK BD	VACANT LAND-RESIDENTIAL	$0	120 ft
4818 39TH AVE S MINNEAPOLIS MN 55417	MARK S WENTZELL	RESIDENTIAL	$796,000	120 ft
4825 38TH AVE S MINNEAPOLIS MN 55417	JOSEPH A MCCRACKEN	RESIDENTIAL	$437,600	128 ft
4801 38TH AVE S MINNEAPOLIS MN 55417	CITY OF MPLS PK BD	LAND-COMMERCIAL	$0	134 ft
4824 39TH AVE S MINNEAPOLIS MN 55417	COURTNEY MCELROY	RESIDENTIAL	$632,600	178 ft
3723 E MINNEHAHA PKWY MINNEAPOLIS MN 55417	MICHAEL STEFFAN/ANNA STEFFAN	RESIDENTIAL	$534,000	179 ft

Property History

Most Recent Sale

Date202202

Price$300,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$4,333