2906 46TH AVE S MINNEAPOLIS MN 55406

PID: 3102923440163

Property Overview

Parcel ID3102923440163

Lot Size7,486 sq ft (0.172 ac)

Lot Dimensions (est.)129 ft wide × 58 ft deep

Year Built1911

Property ClassRESIDENTIAL

OwnerK APFELBACHER & ANI BACKA

Assessed Value$653,200

Land Value$258,000

Building Value$395,200

Annual Tax$10,650

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

1 permit on record since 2020 · Most recent: May 2020 (res)

ResMay 2020Closed

CHAMPION PLUMBING LLC

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 width66 ft

Buildable depth58 ft

Area~4,252 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 4,252 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
2910 46TH AVE S MINNEAPOLIS MN 55406	CHERYL A PASCHKE	RESIDENTIAL	$531,900	60 ft
2904 RIVER PKWY W MINNEAPOLIS MN 55406	ELAINE K EAGLE	RESIDENTIAL	$965,700	82 ft
2914 46TH AVE S MINNEAPOLIS MN 55406	MARY BRESLIN	RESIDENTIAL	$692,000	131 ft
2905 DORMAN AVE MINNEAPOLIS MN 55406	R A PASCHKE/J A PASCHKE TRST	RESIDENTIAL	$446,000	138 ft
2911 DORMAN AVE MINNEAPOLIS MN 55406	ROSANNE E GRONSETH	RESIDENTIAL	$373,300	143 ft
2901 DORMAN AVE MINNEAPOLIS MN 55406	CHRISTEN L EBENS	RESIDENTIAL	$743,700	163 ft
2916 RIVER PKWY W MINNEAPOLIS MN 55406	JOHN DARLING & TARA WALDRON	RESIDENTIAL	$781,100	191 ft
2922 46TH AVE S MINNEAPOLIS MN 55406	T A WILLKOMM & J M ANDERSON	RESIDENTIAL	$437,300	191 ft
2868 RIVER PKWY W MINNEAPOLIS MN 55406	KEVIN REUTHER/GERALD TYRRELL	RESIDENTIAL	$650,000	229 ft
2925 DORMAN AVE MINNEAPOLIS MN 55406	J A JOHNSON & C M GONZALEZ	RESIDENTIAL	$436,900	241 ft

Property History

Most Recent Sale

Date201512

Price$640,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$10,650