2848 44TH AVE S MINNEAPOLIS MN 55406

PID: 3102923440118

Property Overview

Parcel ID3102923440118

Lot Size5,177 sq ft (0.119 ac)

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

Year Built1914

Property ClassRESIDENTIAL

OwnerK DONNELLY & G NAYLOR

Assessed Value$338,500

Land Value$163,000

Building Value$175,500

Annual Tax$5,014

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

4 permits on record since 2022 · $57K total declared value · Most recent: Aug 2025 (existres)

ExistresAug 2025Closed

WOODLAND STOVES & FIREPLACES

MiscAug 2024Closed

$33K

ALL AROUND PROPERTY PRESERVATION

MiscJul 2024Closed

$23K

ALL AROUND PROPERTY PRESERVATION

ResJul 2022Closed

Warners Stellian Co 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~2,682 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 2,682 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
2852 44TH AVE S MINNEAPOLIS MN 55406	MADELEINE BRAY & MARC ROBINS	RESIDENTIAL	$526,100	40 ft
2844 44TH AVE S MINNEAPOLIS MN 55406	CODY WATRY & JONATHAN WATRY	RESIDENTIAL	$482,100	40 ft
2840 44TH AVE S MINNEAPOLIS MN 55406	LINDA M CRAWFORD REV TRUST	RESIDENTIAL	$460,900	80 ft
2836 44TH AVE S MINNEAPOLIS MN 55406	K L LAPPEN & J HARRISS RV TR	RESIDENTIAL	$440,500	120 ft
2849 43RD AVE S MINNEAPOLIS MN 55406	PATRICK P JOSEPH SANCHEZ	RESIDENTIAL	$282,400	141 ft
2845 43RD AVE S MINNEAPOLIS MN 55406	RICHARD W WEISE	RESIDENTIAL	$288,500	147 ft
2853 43RD AVE S MINNEAPOLIS MN 55406	MARY A KEATING	RESIDENTIAL	$354,400	147 ft
2834 44TH AVE S MINNEAPOLIS MN 55406	ROBERT SOUTHWORTH	RESIDENTIAL	$298,200	161 ft
2841 43RD AVE S MINNEAPOLIS MN 55406	R H WESTCOTT JR & R J HANSEN	RESIDENTIAL	$345,400	162 ft
2900 44TH AVE S MINNEAPOLIS MN 55406	A MILLER & S RIPLEY	RESIDENTIAL	$348,600	165 ft

Property History

Most Recent Sale

Date200903

Price$318,500

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$5,014