5140 43RD AVE S MINNEAPOLIS MN 55417

PID: 1802823410059

Property Overview

Parcel ID1802823410059

Lot Size6,462 sq ft (0.148 ac)

Lot Dimensions (est.)129 ft wide × 50 ft deep

Year Built1926

Property ClassRESIDENTIAL

OwnerHANNAH ANDERSON-FRESKE ET AL

Assessed Value$392,000

Land Value$145,000

Building Value$247,000

Annual Tax$5,887

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

5 permits on record since 2018 · Most recent: Jun 2024 (existres)

ExistresJun 2024Closed

GV Heating and Air Inc

ResJan 2024Closed

Fineline Mechanical Services Inc

ResJan 2023Closed

CenterPoint Energy Resource Corp

ResJul 2020Closed

CHAMPION PLUMBING LLC

ExistresJan 2018Closed

Blue Ox Heating and Air 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

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 depth89 ft

Area~3,568 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 3,568 sqft buildable area.

Est. units

Yield on cost

2.0%

Spread

-3.5%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
5136 43RD AVE S MINNEAPOLIS MN 55417	WILLIAM D SMITH	RESIDENTIAL	$453,600	50 ft
5144 43RD AVE S MINNEAPOLIS MN 55417	NATHANIEL A MCINTYRE	RESIDENTIAL	$354,900	50 ft
5132 43RD AVE S MINNEAPOLIS MN 55417	SCOTT LYNCH & HEATHER LYNCH	RESIDENTIAL	$267,500	100 ft
5141 42ND AVE S MINNEAPOLIS MN 55417	MARNY SKY	RESIDENTIAL	$369,400	141 ft
5137 42ND AVE S MINNEAPOLIS MN 55417	ALEX LENDE	RESIDENTIAL	$353,800	149 ft
5128 43RD AVE S MINNEAPOLIS MN 55417	ZACHARY WEAVER & LAUREN UHL	RESIDENTIAL	$240,700	150 ft
5145 42ND AVE S MINNEAPOLIS MN 55417	M D FREKING & R FREKING	RESIDENTIAL	$424,400	150 ft
4221 52ND ST E MINNEAPOLIS MN 55417	JOHN HAUGEN	RESIDENTIAL	$473,000	155 ft
5133 42ND AVE S MINNEAPOLIS MN 55417	JOSEPH OLADIPO	RESIDENTIAL	$209,900	172 ft
5141 43RD AVE S MINNEAPOLIS MN 55417	ROBB W HAGSTROM	RESIDENTIAL	$264,600	188 ft

Property History

Most Recent Sale

Date202405

Price$392,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$5,887