2852 41ST AVE S MINNEAPOLIS MN 55406

PID: 3102923430176

Property Overview

Parcel ID3102923430176

Lot Size5,169 sq ft (0.119 ac)

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

Year Built1915

Property ClassRESIDENTIAL-TWO UNIT

OwnerKEVIN MCCLELLAN

Assessed Value$406,400

Land Value$148,000

Building Value$258,400

Annual Tax$6,151

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

2 permits on record since 2021 · Most recent: Feb 2021 (res)

ResFeb 2021Closed

CenterPoint Energy Resource Corp

ResFeb 2021Closed

CenterPoint Energy Resource Corp

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

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 depth0 ft

Area~2,409 sqft

Lot dimensions are insufficient for the standard setbacks shown.

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 2,409 sqft buildable area.

Est. units

Yield on cost

3.7%

Spread

-1.8%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
2848 41ST AVE S MINNEAPOLIS MN 55406	DUANE BRIAN PEDERSON	RESIDENTIAL	$242,300	40 ft
2844 41ST AVE S MINNEAPOLIS MN 55406	ANNE MILLER	RESIDENTIAL	$317,100	80 ft
2840 41ST AVE S MINNEAPOLIS MN 55406	MICHAEL BLY	RESIDENTIAL	$316,600	120 ft
4015 29TH ST E MINNEAPOLIS MN 55406	DEBORAL L LACHAPELLE	RESIDENTIAL	$266,200	134 ft
2900 41ST AVE S MINNEAPOLIS MN 55406	C M JONES & A A WARNKE	RESIDENTIAL	$455,200	134 ft
2853 40TH AVE S MINNEAPOLIS MN 55406	CHRISTIE DAUPHIN	RESIDENTIAL	$290,800	141 ft
2849 40TH AVE S MINNEAPOLIS MN 55406	S I LUND & E S LUND	RESIDENTIAL	$331,700	146 ft
2836 41ST AVE S MINNEAPOLIS MN 55406	ANDREW S PAULE	RESIDENTIAL	$367,000	160 ft
2845 40TH AVE S MINNEAPOLIS MN 55406	J B KELLY & M E D KELLY	RESIDENTIAL	$392,400	162 ft
2904 41ST AVE S MINNEAPOLIS MN 55406	N F MOE & N C M MOE	RESIDENTIAL	$301,800	180 ft

Property History

Current Tax Year

Year2026

Tax Due$6,151