2732 41ST AVE S MINNEAPOLIS MN 55406

PID: 3102923420038

Property Overview

Parcel ID3102923420038

Lot Size5,163 sq ft (0.119 ac)

Lot Dimensions (est.)129 ft wide × 40 ft deep

Year Built1910

Property ClassRESIDENTIAL

OwnerJOHNSON NORDLEY REV TRUST

Assessed Value$301,500

Land Value$147,000

Building Value$154,500

Annual Tax$4,395

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

6 permits on record since 2018 · $18K total declared value · Most recent: Nov 2025 (misc)

MiscNov 2025Closed

$4K

Holmlund Masonry Inc

ResNov 2022Expired

MN Plumbing & Home Services INC

MiscSep 2022Closed

$2K

PELLA NORTHLAND

ResJul 2018Closed

Pronto Heating & Air Conditioning Inc

MiscJun 2018Closed

$12K

SELA ROOFING AND REMODELING INC

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

Neighborhood Profile

Cooper · Minneapolis

Median reported rent1,309/mo

Renter-occupied16.5%

Median home value$339K

Vacancy rate5.0%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 1076

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 width30 ft

Buildable depth89 ft

Area~2,672 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 2,672 sqft buildable area.

Est. units

Yield on cost

3.3%

Spread

-2.2%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
2736 41ST AVE S MINNEAPOLIS MN 55406	GENE-HUA CRYSTAL NG	RESIDENTIAL	$450,500	40 ft
2728 41ST AVE S MINNEAPOLIS MN 55406	POKORNEY KILPATRICK TRUST	RESIDENTIAL	$313,400	40 ft
2740 41ST AVE S MINNEAPOLIS MN 55406	GARY L HENDERSON	RESIDENTIAL	$321,900	80 ft
2724 41ST AVE S MINNEAPOLIS MN 55406	J E GARETZ & B A CLAWSON	RESIDENTIAL	$388,400	80 ft
2744 41ST AVE S MINNEAPOLIS MN 55406	S C JOHNSON & R R HVIDSTON	RESIDENTIAL	$277,300	120 ft
2720 41ST AVE S MINNEAPOLIS MN 55406	P J MAYE & D G MAYE	RESIDENTIAL	$381,600	120 ft
2733 40TH AVE S MINNEAPOLIS MN 55406	SARAH FATIMA GHANDOUR	RESIDENTIAL	$364,300	141 ft
2729 40TH AVE S MINNEAPOLIS MN 55406	M M ROSENOW & D J ROSENOW	RESIDENTIAL	$304,100	146 ft
2737 40TH AVE S MINNEAPOLIS MN 55406	CHRISTOPHER ANDREW SMITH	RESIDENTIAL	$252,200	146 ft
2748 41ST AVE S MINNEAPOLIS MN 55406	RACHEL M CHARETTE	RESIDENTIAL	$306,300	160 ft

Property History

Most Recent Sale

Date198810

Price$68,500

TypeOTHER – SEE CERTIFICATE OF REAL ESTATE VALUE (CRV)

Current Tax Year

Year2026

Tax Due$4,395