2904 41ST AVE S MINNEAPOLIS MN 55406

PID: 3102923430053

Property Overview

Parcel ID3102923430053

Lot Size5,169 sq ft (0.119 ac)

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

Year Built1915

Property ClassRESIDENTIAL

OwnerN F MOE & N C M MOE

Assessed Value$301,800

Land Value$145,000

Building Value$156,800

Annual Tax$4,400

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Development Opportunities

High-Frequency Transit (5-min walk)High

Within a 5-minute walk of a high-frequency LRT or BRT stop — a positive factor for density bonuses and Met Council Livable Communities grant scoring.

Metro Council — Livable Communities ↗

Potential programs

Met Council Livable Communities GrantMedium

Competitive grants for affordable housing and transit-oriented development near high-frequency transit; proximity to LRT/BRT is a key scoring factor.

Metro Council — Livable Communities ↗

Signals are based on public datasets; program eligibility requires verification.

Permit History

1 permit on record since 2021 · $14K total declared value · Most recent: Sep 2021 (misc)

MiscSep 2021Closed

$14K

WONDERFUL HOME BUILDERS LLC

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

Neighborhood Profile

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~2,676 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 2,676 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
2908 41ST AVE S MINNEAPOLIS MN 55406	P S JONES & K A WHITE	RESIDENTIAL	$355,400	40 ft
2900 41ST AVE S MINNEAPOLIS MN 55406	C M JONES & A A WARNKE	RESIDENTIAL	$455,200	59 ft
4015 29TH ST E MINNEAPOLIS MN 55406	DEBORAL L LACHAPELLE	RESIDENTIAL	$266,200	60 ft
2912 41ST AVE S MINNEAPOLIS MN 55406	KATRINA M WAGTSKJOLD	RESIDENTIAL	$235,800	80 ft
2916 41ST AVE S MINNEAPOLIS MN 55406	D & C FRIDLUND	RESIDENTIAL	$340,200	120 ft
2905 40TH AVE S MINNEAPOLIS MN 55406	KAY L NELSON	RESIDENTIAL	$349,900	141 ft
2909 40TH AVE S MINNEAPOLIS MN 55406	MARK BAYLEY & GAYLE M GEBER	RESIDENTIAL	$425,400	146 ft
2901 40TH AVE S MINNEAPOLIS MN 55406	PATRICE ANNE TETTA	RESIDENTIAL	$347,000	150 ft
2920 41ST AVE S MINNEAPOLIS MN 55406	P M CARLIN & W GUNVALSON	RESIDENTIAL	$366,200	160 ft
2915 40TH AVE S MINNEAPOLIS MN 55406	MARY ANN BACKER	RESIDENTIAL	$303,000	162 ft

Property History

Most Recent Sale

Date199307

Price$64,500

TypeOTHER – SEE CERTIFICATE OF REAL ESTATE VALUE (CRV)

Current Tax Year

Year2026

Tax Due$4,400