4930 38TH AVE S MINNEAPOLIS MN 55417

PID: 1802823240163

Property Overview

Parcel ID1802823240163

Lot Size8,262 sq ft (0.190 ac)

Lot Dimensions (est.)135 ft wide × 61 ft deep

Year Built1912

Property ClassRESIDENTIAL

OwnerDAVID SEIFERT

Assessed Value$286,400

Land Value$178,000

Building Value$108,400

Annual Tax$4,126

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 2017 · $10K total declared value · Most recent: Dec 2025 (res)

ResDec 2025Inspection

CenterPoint Energy Resource Corp

MiscJun 2017Closed

$10K

THOMAS BRANDT COMPANIES LLC

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 width51 ft

Buildable depth95 ft

Area~4,862 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 4,862 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
4928 38TH AVE S MINNEAPOLIS MN 55417	ALEXANDRA RAE PEKARNA	RESIDENTIAL	$327,800	51 ft
4936 38TH AVE S MINNEAPOLIS MN 55417	COMMUNITY HOUSING RESOURCES	RESIDENTIAL-TWO UNIT	$0	75 ft
4924 38TH AVE S MINNEAPOLIS MN 55417	C A BUHR & E C SUMMERS	RESIDENTIAL	$454,000	90 ft
3710 50TH ST E MINNEAPOLIS MN 55417	CHRISTOPHER JACOBSON	RESIDENTIAL-TWO UNIT	$570,200	129 ft
4920 38TH AVE S MINNEAPOLIS MN 55417	STEVEN J & TAMARA S TERMAN	RESIDENTIAL	$462,800	131 ft
4935 37TH AVE S MINNEAPOLIS MN 55417	THOMAS LANZ & MICHELLE LANZ	RESIDENTIAL	$363,100	135 ft
4937 37TH AVE S MINNEAPOLIS MN 55417	CONSTANCE M-A ZWEBER	RESIDENTIAL	$264,800	141 ft
4927 37TH AVE S MINNEAPOLIS MN 55417	HEIDI E OXFORD	RESIDENTIAL	$548,000	147 ft
4950 38TH AVE S MINNEAPOLIS MN 55417	B TRUDEAU & S TRUDEAU	RESIDENTIAL	$434,400	156 ft
4941 37TH AVE S MINNEAPOLIS MN 55417	CHRISTINA CLONINGER	RESIDENTIAL	$315,900	163 ft

Property History

Most Recent Sale

Date201605

Price$145,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$4,126