2629 39TH AVE S MINNEAPOLIS MN 55406

PID: 3102923420102

Property Overview

Parcel ID3102923420102

Lot Size10,284 sq ft (0.236 ac)

Lot Dimensions (est.)129 ft wide × 80 ft deep

Year Built1946

Property ClassRESIDENTIAL

OwnerELIZABETH J VANDERLOOP

Assessed Value$378,000

Land Value$212,000

Building Value$166,000

Annual Tax$5,676

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

5 permits on record since 2021 · $15K total declared value · Most recent: Jan 2026 (res)

ResJan 2026Inspection

CenterPoint Energy Resource Corp

ResMar 2023Expired

McQuillan Bros Plumbing Heating & AC LLC

AdditionSep 2021Closed

$6K

MSP Exteriors Inc

MiscSep 2021Closed

$9K

MSP Exteriors Inc

ExistresJul 2021Closed

McQuillan Bros Plumbing Heating & AC LLC

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 width105 ft

Buildable depth49 ft

Area~6,144 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 6,144 sqft buildable area.

Est. units

Yield on cost

3.9%

Spread

-1.6%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
2625 39TH AVE S MINNEAPOLIS MN 55406	CARROL A STEFFEN ETAL	RESIDENTIAL	$321,000	71 ft
2621 39TH AVE S MINNEAPOLIS MN 55406	MARY ELIZABETH MUELLER	RESIDENTIAL	$378,900	125 ft
2648 40TH AVE S MINNEAPOLIS MN 55406	BRUCE BRUNNER & DONNA MINTER	RESIDENTIAL-TWO UNIT	$533,100	156 ft
2617 39TH AVE S MINNEAPOLIS MN 55406	STEVEN C WEBER	RESIDENTIAL	$349,200	173 ft
3906 27TH ST E MINNEAPOLIS MN 55406	J SODD JR & E A PECK	RESIDENTIAL	$341,700	178 ft
2632 39TH AVE S MINNEAPOLIS MN 55406	CINDY THOMPSON	RESIDENTIAL	$348,900	179 ft
2628 39TH AVE S MINNEAPOLIS MN 55406	DANIEL F STANTON	RESIDENTIAL	$342,900	183 ft
2636 39TH AVE S MINNEAPOLIS MN 55406	S MUELLER & L TASTAD	RESIDENTIAL	$336,000	190 ft
3914 27TH ST E MINNEAPOLIS MN 55406	SHAWN D FOLEY	RESIDENTIAL	$393,100	192 ft
2624 39TH AVE S MINNEAPOLIS MN 55406	WALTER HANDSCHIN	RESIDENTIAL	$338,600	199 ft

Property History

Most Recent Sale

Date200302

Price$175,000

TypeOTHER – SEE CERTIFICATE OF REAL ESTATE VALUE (CRV)

Current Tax Year

Year2026

Tax Due$5,676