4910 38TH AVE S MINNEAPOLIS MN 55417

PID: 1802823240157

Property Overview

Parcel ID1802823240157

Lot Size8,088 sq ft (0.186 ac)

Lot Dimensions (est.)135 ft wide × 60 ft deep

Year Built1918

Property ClassRESIDENTIAL

OwnerB A CARLSON/J B UNDERHILL

Assessed Value$377,400

Land Value$177,000

Building Value$200,400

Annual Tax$5,644

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

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 width50 ft

Buildable depth95 ft

Area~4,740 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 4,740 sqft buildable area.

Est. units

Yield on cost

2.3%

Spread

-3.2%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
4904 38TH AVE S MINNEAPOLIS MN 55417	BARBARA J DECRAMER REV TRUST	RESIDENTIAL	$671,000	60 ft
4916 38TH AVE S MINNEAPOLIS MN 55417	JOURNEY E GOSSELIN	RESIDENTIAL	$332,700	60 ft
4920 38TH AVE S MINNEAPOLIS MN 55417	STEVEN J & TAMARA S TERMAN	RESIDENTIAL	$462,800	110 ft
4900 38TH AVE S MINNEAPOLIS MN 55417	L A NAUGHTON & M S LYONS	RESIDENTIAL	$491,300	120 ft
4915 37TH AVE S MINNEAPOLIS MN 55417	ANN GLIDDON & LUKE GLIDDON	RESIDENTIAL	$450,000	135 ft
4903 37TH AVE S MINNEAPOLIS MN 55417	C E HENNEN & B D HENNEN	RESIDENTIAL	$440,700	147 ft
4919 37TH AVE S MINNEAPOLIS MN 55417	RAVEN BENSON	RESIDENTIAL-TWO UNIT	$412,600	148 ft
4924 38TH AVE S MINNEAPOLIS MN 55417	C A BUHR & E C SUMMERS	RESIDENTIAL	$454,000	150 ft
4901 37TH AVE S MINNEAPOLIS MN 55417	N WENDEL & E BAARTMAN	RESIDENTIAL	$405,100	179 ft
4923 37TH AVE S MINNEAPOLIS MN 55417	MARGARET L M EIDE	RESIDENTIAL	$354,300	182 ft

Property History

Most Recent Sale

Date200805

Price$242,500

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$5,644