2837 39TH AVE S MINNEAPOLIS MN 55406

PID: 3102923430144

Property Overview

Parcel ID3102923430144

Lot Size5,162 sq ft (0.119 ac)

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

Year Built1919

Property ClassRESIDENTIAL

OwnerA BUTTERBRODT/A DRUMMOND

Assessed Value$353,300

Land Value$147,000

Building Value$206,300

Annual Tax$5,469

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictUnknown

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

No permits found in Minneapolis open data for this parcel.

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~2,671 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 2,671 sqft buildable area.

Est. units

Yield on cost

3.3%

Spread

-2.2%

Loading map…

Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
2833 39TH AVE S MINNEAPOLIS MN 55406	B TILLMAN & N TILLMAN	RESIDENTIAL	$318,700	40 ft
2841 39TH AVE S MINNEAPOLIS MN 55406	CARRIE B FINK & REID JOHNSON	RESIDENTIAL	$290,500	40 ft
2829 39TH AVE S MINNEAPOLIS MN 55406	KATIE S JALMA LIV TR ET AL	RESIDENTIAL	$335,100	80 ft
2845 39TH AVE S MINNEAPOLIS MN 55406	DAVID J WEISS	RESIDENTIAL	$273,900	80 ft
2825 39TH AVE S MINNEAPOLIS MN 55406	MICHELE HOCH	RESIDENTIAL	$296,800	120 ft
2849 39TH AVE S MINNEAPOLIS MN 55406	THOMAS JUDE HAUTMAN	RESIDENTIAL	$282,400	120 ft
2836 40TH AVE S MINNEAPOLIS MN 55406	AMY JO WALKNER	RESIDENTIAL	$315,200	141 ft
2840 40TH AVE S MINNEAPOLIS MN 55406	ANDREW DELANY & LAUREN FLYNN	RESIDENTIAL	$288,000	146 ft
2832 40TH AVE S MINNEAPOLIS MN 55406	V E STANDING & T M STANDING	RESIDENTIAL	$303,300	146 ft
2821 39TH AVE S MINNEAPOLIS MN 55406	T A EVANS & J E PARKER	RESIDENTIAL	$253,100	160 ft

Property History

Most Recent Sale

Date202112

Price$400,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$5,469