4929 38TH AVE S MINNEAPOLIS MN 55417

PID: 1802823130072

Property Overview

Parcel ID1802823130072

Lot Size5,165 sq ft (0.119 ac)

Lot Dimensions (est.)138 ft wide × 38 ft deep

Year Built1914

Property ClassRESIDENTIAL

OwnerMARY KATHERINE VRABEL

Assessed Value$364,000

Land Value$148,000

Building Value$216,000

Annual Tax$5,421

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

7 permits on record since 2005 · $80K total declared value · Most recent: Dec 2025 (res)

ResDec 2025Inspection

CenterPoint Energy Resource Corp

ResJan 2024Closed

Metro Heating & Cooling LLC

ResDec 2022Closed

Warners Stellian Co Inc

ResDec 2022Closed

Warners Stellian Co Inc

ExistresJun 2022Closed

BOEHM HEATING

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

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 depth96 ft

Area~2,687 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 2,687 sqft buildable area.

Est. units

Yield on cost

3.3%

Spread

-2.2%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
4925 38TH AVE S MINNEAPOLIS MN 55417	CHAD NAUGHTON	RESIDENTIAL	$342,000	38 ft
4933 38TH AVE S MINNEAPOLIS MN 55417	R A WAGNER & C M RYAN	RESIDENTIAL	$285,000	39 ft
4935 38TH AVE S MINNEAPOLIS MN 55417	J DORFMAN & T HERMAN	RESIDENTIAL	$283,000	79 ft
4923 38TH AVE S MINNEAPOLIS MN 55417	DAVID M PLANTE/KENT C LINDER	RESIDENTIAL	$886,800	94 ft
4937 38TH AVE S MINNEAPOLIS MN 55417	J DORFMAN & T J HERMAN	RESIDENTIAL	$389,400	119 ft
4924 39TH AVE S MINNEAPOLIS MN 55417	RALPH DOKKEN LIVING TRUST	RESIDENTIAL	$391,000	138 ft
4930 39TH AVE S MINNEAPOLIS MN 55417	K J MORTELL & L A MORTELL	RESIDENTIAL	$364,700	142 ft
4917 38TH AVE S MINNEAPOLIS MN 55417	FRANCIS BART & KELLEY VILEN	RESIDENTIAL	$291,100	154 ft
4934 39TH AVE S MINNEAPOLIS MN 55417	J M SCHOLEN & A E SCHOLEN	RESIDENTIAL	$362,300	157 ft
4939 38TH AVE S MINNEAPOLIS MN 55417	PRO OPERAM SUB III	RESIDENTIAL	$271,900	159 ft

Property History

Most Recent Sale

Date199705

Price$115,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$5,421