2904 39TH AVE S MINNEAPOLIS MN 55406

PID: 3102923430105

Property Overview

Parcel ID3102923430105

Lot Size5,169 sq ft (0.119 ac)

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

Year Built1921

Property ClassRESIDENTIAL

OwnerADAM N QUICK/MARIT PETERSON

Assessed Value$291,500

Land Value$145,000

Building Value$146,500

Annual Tax$4,228

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 2025 · $2K total declared value · Most recent: May 2025 (remodel)

RemodelMay 2025Closed

$2K

EGRESS WINDOW GUY

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~2,676 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 39TH AVE S MINNEAPOLIS MN 55406	E O LINDER & S M POIRIER	RESIDENTIAL	$382,300	40 ft
2900 39TH AVE S MINNEAPOLIS MN 55406	MICHAEL ANTHONY KOSOWSKI	RESIDENTIAL-TWO UNIT	$369,500	50 ft
2912 39TH AVE S MINNEAPOLIS MN 55406	ANITA L KOZAN	RESIDENTIAL	$352,200	80 ft
2916 39TH AVE S MINNEAPOLIS MN 55406	ANNE HANSON	RESIDENTIAL	$372,600	120 ft
2901 38TH AVE S MINNEAPOLIS MN 55406	B & B PORTFOLIO LLC	COMMERCIAL-PREFERRED	$965,500	144 ft
2909 38TH AVE S MINNEAPOLIS MN 55406	L ROBINSON & J D HOCH	RESIDENTIAL	$550,300	149 ft
2920 39TH AVE S MINNEAPOLIS MN 55406	PAUL M KOSTECKY ET AL	RESIDENTIAL	$268,400	160 ft
2917 38TH AVE S MINNEAPOLIS MN 55406	MICHELLE M AMLOTT	RESIDENTIAL	$252,100	176 ft
2905 39TH AVE S MINNEAPOLIS MN 55406	A A GODIN & A N ANDERSON	RESIDENTIAL	$391,700	189 ft
2852 39TH AVE S MINNEAPOLIS MN 55406	BARNABAS YOHANNES	RESIDENTIAL	$369,500	189 ft

Property History

Most Recent Sale

Date200407

Price$190,690

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$4,228