2812 43RD AVE S MINNEAPOLIS MN 55406

PID: 3102923440102

Property Overview

Parcel ID3102923440102

Lot Size5,168 sq ft (0.119 ac)

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

Year Built1921

Property ClassRESIDENTIAL

OwnerLUNDQUIST WILLIAMS LIV TRUST

Assessed Value$315,600

Land Value$148,000

Building Value$167,600

Annual Tax$4,632

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

2 permits on record since 2022 · $7K total declared value · Most recent: May 2024 (misc)

MiscMay 2024Closed

$7K

NMC EXTERIORS AND REMODELING

ResMay 2022Closed

MN Plumbing & Home Services INC

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
2816 43RD AVE S MINNEAPOLIS MN 55406	MEGAN C IRELAND & K A DAHL	RESIDENTIAL	$441,500	40 ft
2808 43RD AVE S MINNEAPOLIS MN 55406	EDMUND B FROST TEST TRUST	RESIDENTIAL	$310,900	40 ft
2820 43RD AVE S MINNEAPOLIS MN 55406	MEGAN HONDL/JEREMY GONZALES	RESIDENTIAL	$364,700	80 ft
2804 43RD AVE S MINNEAPOLIS MN 55406	ANDREA MCADOO & DIANNA RYAN	RESIDENTIAL	$449,900	80 ft
2824 43RD AVE S MINNEAPOLIS MN 55406	LINDA JEAN DEBEAU-MELTING	RESIDENTIAL	$422,600	120 ft
2800 43RD AVE S MINNEAPOLIS MN 55406	C D KREUZIGER/C L KREUZIGER	RESIDENTIAL	$521,200	129 ft
2815 42ND AVE S MINNEAPOLIS MN 55406	DIANE SPICER ETAL	RESIDENTIAL-TWO UNIT	$463,100	141 ft
2809 42ND AVE S MINNEAPOLIS MN 55406	GERALD L & KATHARINE DASTYCH	RESIDENTIAL	$376,900	146 ft
2817 42ND AVE S MINNEAPOLIS MN 55406	VAL VOSSEN & DANIMAE VOSSEN	RESIDENTIAL	$599,900	146 ft
2801 43RD AVE S MINNEAPOLIS MN 55406	PHILIPPE BUHLMANN ET AL	RESIDENTIAL	$485,300	159 ft

Property History

Most Recent Sale

Date200105

Price$170,100

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$4,632