2708 41ST AVE S MINNEAPOLIS MN 55406

PID: 3102923420044

Property Overview

Parcel ID3102923420044

Lot Size5,163 sq ft (0.119 ac)

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

Year Built1921

Property ClassRESIDENTIAL

OwnerS TSCHANZ & D A TSCHANZ

Assessed Value$418,400

Land Value$162,000

Building Value$256,400

Annual Tax$6,352

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

6 permits on record since 2007 · $119K total declared value · Most recent: Feb 2023 (existres)

ExistresFeb 2023Closed

Hoffman Refrigeration and Heating Ltd

ResMar 2022Closed

Urban Pine Plumbing and Mechanical Inc

ResFeb 2020Closed

Warners Stellian Co Inc

RemodelOct 2017Closed

$9K

TRUNORTH SOLAR

MiscAug 2017Closed

$16K

LINDUS CONSTRUCTION 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
2712 41ST AVE S MINNEAPOLIS MN 55406	R L WILDBERGER & L K MAGNEY	RESIDENTIAL	$343,900	40 ft
2704 41ST AVE S MINNEAPOLIS MN 55406	VIRGINIA SEFFENS-BURTON	RESIDENTIAL-TWO UNIT	$444,200	40 ft
2716 41ST AVE S MINNEAPOLIS MN 55406	RED CEDAR PROPERTIES LLC	RESIDENTIAL-TWO UNIT	$316,900	80 ft
2700 DORMAN AVE MINNEAPOLIS MN 55406	MARKETA & KIRIL DIMITROV	RESIDENTIAL	$697,700	88 ft
2720 41ST AVE S MINNEAPOLIS MN 55406	P J MAYE & D G MAYE	RESIDENTIAL	$381,600	120 ft
4009 27TH ST E MINNEAPOLIS MN 55406	TED V PETERSON	RESIDENTIAL	$237,200	141 ft
2709 40TH AVE S MINNEAPOLIS MN 55406	JANICE F KOSTECKY	RESIDENTIAL	$264,500	141 ft
2705 40TH AVE S MINNEAPOLIS MN 55406	COMMUNITY HOUSING RESOURCES	RESIDENTIAL	$0	146 ft
2715 40TH AVE S MINNEAPOLIS MN 55406	BRADLEY A GORDON	RESIDENTIAL	$313,100	146 ft
2724 41ST AVE S MINNEAPOLIS MN 55406	J E GARETZ & B A CLAWSON	RESIDENTIAL	$388,400	160 ft

Property History

Most Recent Sale

Date202305

Price$455,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$6,352