2900 39TH AVE S MINNEAPOLIS MN 55406

PID: 3102923430106

Property Overview

Parcel ID3102923430106

Lot Size7,712 sq ft (0.177 ac)

Lot Dimensions (est.)129 ft wide × 60 ft deep

Year Built1909

Property ClassRESIDENTIAL-TWO UNIT

OwnerMICHAEL ANTHONY KOSOWSKI

Assessed Value$369,500

Land Value$171,000

Building Value$198,500

Annual Tax$5,533

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 2017 · Most recent: May 2017 (existres)

ExistresMay 2017Closed

Swat Holdings LLC

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

Front Street

On corner lots, the selected street determines which setbacks apply to each side.

Setbacks

Front20 ft

Interior side5 ft

Street side (est.)8 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width116 ft

Buildable depth20 ft

Area~4,164 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 4,164 sqft buildable area.

Est. units

Yield on cost

4.0%

Spread

-1.5%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
2904 39TH AVE S MINNEAPOLIS MN 55406	ADAM N QUICK/MARIT PETERSON	RESIDENTIAL	$291,500	50 ft
2908 39TH AVE S MINNEAPOLIS MN 55406	E O LINDER & S M POIRIER	RESIDENTIAL	$382,300	90 ft
2912 39TH AVE S MINNEAPOLIS MN 55406	ANITA L KOZAN	RESIDENTIAL	$352,200	130 ft
2852 39TH AVE S MINNEAPOLIS MN 55406	BARNABAS YOHANNES	RESIDENTIAL	$369,500	139 ft
2901 38TH AVE S MINNEAPOLIS MN 55406	B & B PORTFOLIO LLC	COMMERCIAL-PREFERRED	$965,500	142 ft
2916 39TH AVE S MINNEAPOLIS MN 55406	ANNE HANSON	RESIDENTIAL	$372,600	170 ft
2909 38TH AVE S MINNEAPOLIS MN 55406	L ROBINSON & J D HOCH	RESIDENTIAL	$550,300	172 ft
3909 29TH ST E MINNEAPOLIS MN 55406	1ST FREE METHODIST CH OF MPL	RESIDENTIAL	$0	188 ft
3810 29TH ST E MINNEAPOLIS MN 55406	M R REA & A L REA	RESIDENTIAL	$270,900	192 ft
2905 39TH AVE S MINNEAPOLIS MN 55406	A A GODIN & A N ANDERSON	RESIDENTIAL	$391,700	195 ft

Property History

Most Recent Sale

Date201706

Price$229,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$5,533