5340 41ST AVE S MINNEAPOLIS MN 55417

PID: 1802823430150

Property Overview

Parcel ID1802823430150

Lot Size5,117 sq ft (0.117 ac)

Lot Dimensions (est.)128 ft wide × 40 ft deep

Year Built1916

Property ClassRESIDENTIAL

OwnerALEXANDER JAMES MITCHELL

Assessed Value$384,700

Land Value$130,000

Building Value$254,700

Annual Tax$5,766

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

9 permits on record since 2003 · $286K total declared value · Most recent: Nov 2025 (res)

ResNov 2025Closed

ED BROWN PLUMBING LLC

RemodelOct 2025Closed

$12K

GREAT LAKES WINDOW AND SIDING CO

AccessoryAug 2025Closed

$22K

Minneapolis Garage Builders, LLC

ExistresJun 2025Closed

Dean's Professional Plumbing Inc

ResJan 2023Closed

CenterPoint Energy Resource Corp

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 width30 ft

Buildable depth88 ft

Area~2,637 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 2,637 sqft buildable area.

Est. units

Yield on cost

3.4%

Spread

-2.1%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
5336 41ST AVE S MINNEAPOLIS MN 55417	ROBERT J WICKLUND	RESIDENTIAL	$241,000	40 ft
5346 41ST AVE S MINNEAPOLIS MN 55417	SCOTT H HIPPIE	RESIDENTIAL	$322,300	40 ft
5334 41ST AVE S MINNEAPOLIS MN 55417	GARY J BARBO	RESIDENTIAL	$239,000	80 ft
5350 41ST AVE S MINNEAPOLIS MN 55417	TIMOTHY MCGUIRE	VACANT LAND-RESIDENTIAL	$131,000	80 ft
5354 41ST AVE S MINNEAPOLIS MN 55417	K JOHNSON & S J SCHRADER	RESIDENTIAL	$322,000	120 ft
5330 41ST AVE S MINNEAPOLIS MN 55417	MOLLY MICHELLE HILLENBRAND	RESIDENTIAL	$341,000	130 ft
5339 40TH AVE S MINNEAPOLIS MN 55417	MURIEL M PILCHTA	RESIDENTIAL	$382,200	142 ft
5345 40TH AVE S MINNEAPOLIS MN 55417	CHRISTOPHER & AMANDA MEYER	RESIDENTIAL	$350,900	147 ft
5337 40TH AVE S MINNEAPOLIS MN 55417	NICOLE CAHILL	RESIDENTIAL	$316,000	153 ft
5349 40TH AVE S MINNEAPOLIS MN 55417	I PANOVKINA & Z KNUTSON	RESIDENTIAL	$300,700	163 ft

Property History

Most Recent Sale

Date202002

Price$320,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$5,766