2550 39TH AVE S MINNEAPOLIS MN 55406

PID: 3102923130012

Property Overview

Parcel ID3102923130012

Lot Size8,700 sq ft (0.200 ac)

Lot Dimensions (est.)157 ft wide × 55 ft deep

Year Built1932

Property ClassRESIDENTIAL

OwnerK R HARDWICK/C A HARDWICK

Assessed Value$639,000

Land Value$251,000

Building Value$388,000

Annual Tax$10,381

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

8 permits on record since 2017 · $40K total declared value · Most recent: Dec 2025 (res)

ResDec 2025Inspection

CenterPoint Energy Resource Corp

ExistresApr 2022Closed

Hero Home Services LLC

ExistresSep 2020Closed

STANDARD WATER CONTROL SYSTEMS INC

ResSep 2020Closed

Twin City Fireplace & Stone Company

MiscSep 2019Closed

$9K

CRAFTSMAN'S CHOICE INC

Source: Minneapolis open data. Declared construction values are applicant-reported and may not reflect actual project cost.

Neighborhood Profile

Seward · Minneapolis

Median reported rent1,337/mo

Renter-occupied28.1%

Median home value$329K

Vacancy rate4.3%

ACS rents reflect current tenant leases and may differ from new market rents.

Source: 2022 ACS 5-Year Estimates · Census Tract 1075

Market Snapshot

Zip code 55406

Median sale price$340K+3.0% YoY

Median price / sqft$248/sqft

Median days to close21 days

Active listings39

Source: Redfin Data Center (Invalid Date) · Zip 55406

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 width45 ft

Buildable depth118 ft

Area~5,312 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 5,312 sqft buildable area.

Est. units

Yield on cost

3.7%

Spread

-1.8%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
2546 39TH AVE S MINNEAPOLIS MN 55406	C & J TATSUDA JR	RESIDENTIAL	$569,100	55 ft
3820 26TH ST E MINNEAPOLIS MN 55406	GERALD R KEATING & WIFE	RESIDENTIAL	$547,900	55 ft
2540 SEABURY AVE MINNEAPOLIS MN 55406	R MARTIN & C MARTIN	RESIDENTIAL	$637,400	118 ft
2551 38TH AVE S MINNEAPOLIS MN 55406	T VAN DE WEGHE & M MACKENZIE	RESIDENTIAL	$721,000	172 ft
3800 26TH ST E MINNEAPOLIS MN 55406	M A HIGGINS & MARY L OPILA	RESIDENTIAL	$575,500	182 ft
2550 SEABURY AVE MINNEAPOLIS MN 55406	BERNICE M FOLZ TRUST	RESIDENTIAL	$474,100	184 ft
2543 38TH AVE S MINNEAPOLIS MN 55406	P E ROSAVES & D L SHOLL	RESIDENTIAL	$560,100	187 ft
2536 SEABURY AVE MINNEAPOLIS MN 55406	J L VERNON & J E VERNON	RESIDENTIAL	$532,000	197 ft
3825 26TH ST E MINNEAPOLIS MN 55406	LARRY D KITZMAN	RESIDENTIAL	$318,600	219 ft
3821 26TH ST E MINNEAPOLIS MN 55406	H J PONTIFF & C I DIERCKS	RESIDENTIAL	$465,200	220 ft

Property History

Most Recent Sale

Date202107

Price$657,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$10,381