2817 41ST AVE S MINNEAPOLIS MN 55406

PID: 3102923430194

Property Overview

Parcel ID3102923430194

Lot Size5,171 sq ft (0.119 ac)

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

Year Built2011

Property ClassRESIDENTIAL

OwnerLISS M LEUTEM TRUST

Assessed Value$631,000

Land Value$148,000

Building Value$483,000

Annual Tax$10,229

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

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~2,677 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 2,677 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
2815 41ST AVE S MINNEAPOLIS MN 55406	T A CARLQUIST & A CARLQUIST	RESIDENTIAL	$371,900	40 ft
2821 41ST AVE S MINNEAPOLIS MN 55406	CATHLEEN L HIGGINS	RESIDENTIAL-TWO UNIT	$396,400	40 ft
2809 41ST AVE S MINNEAPOLIS MN 55406	R DEMERY & S DEMERY	RESIDENTIAL	$276,200	80 ft
2825 41ST AVE S MINNEAPOLIS MN 55406	S J MCNULTY & B D SUKER	RESIDENTIAL	$436,800	80 ft
2805 41ST AVE S MINNEAPOLIS MN 55406	D R MCDONALD & J A MCDONALD	RESIDENTIAL	$396,600	120 ft
2829 41ST AVE S MINNEAPOLIS MN 55406	ANNIE SCHMITZ/ANDREW SCHMITZ	RESIDENTIAL	$329,300	120 ft
2816 42ND AVE S MINNEAPOLIS MN 55406	KATHLEEN A BRIGGS	RESIDENTIAL	$316,100	141 ft
2820 42ND AVE S MINNEAPOLIS MN 55406	JACK BUETTNER & JACK ROBBINS	RESIDENTIAL	$300,300	146 ft
2812 42ND AVE S MINNEAPOLIS MN 55406	COMMUNITY HOUSING RESOURCES	RESIDENTIAL	$0	146 ft
2833 41ST AVE S MINNEAPOLIS MN 55406	JOHN HIBSCHER	RESIDENTIAL	$331,400	160 ft

Property History

Most Recent Sale

Date201102

Price$61,000

TypeQUIT CLAIM DEED

Current Tax Year

Year2026

Tax Due$10,229