2922 46TH AVE S MINNEAPOLIS MN 55406

PID: 3102923440166

Property Overview

Parcel ID3102923440166

Lot Size4,561 sq ft (0.105 ac)

Lot Dimensions (est.)128 ft wide × 36 ft deep

Year Built1941

Property ClassRESIDENTIAL

OwnerT A WILLKOMM & J M ANDERSON

Assessed Value$437,300

Land Value$179,000

Building Value$258,300

Annual Tax$6,669

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

1 permit on record since 2023 · $13K total declared value · Most recent: Aug 2023 (misc)

MiscAug 2023Closed

$13K

NOKOMIS ROOFING CO

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 width115 ft

Buildable depth0 ft

Area~2,301 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 2,301 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
2925 DORMAN AVE MINNEAPOLIS MN 55406	J A JOHNSON & C M GONZALEZ	RESIDENTIAL	$436,900	55 ft
2914 46TH AVE S MINNEAPOLIS MN 55406	MARY BRESLIN	RESIDENTIAL	$692,000	61 ft
2910 46TH AVE S MINNEAPOLIS MN 55406	CHERYL A PASCHKE	RESIDENTIAL	$531,900	132 ft
2911 DORMAN AVE MINNEAPOLIS MN 55406	ROSANNE E GRONSETH	RESIDENTIAL	$373,300	147 ft
2910 DORMAN AVE MINNEAPOLIS MN 55406	CC S GARRITY/KELLY S GARRITY	RESIDENTIAL	$445,000	165 ft
2914 DORMAN AVE MINNEAPOLIS MN 55406	D W DEBE & E F DEBE	RESIDENTIAL	$503,900	165 ft
2918 DORMAN AVE MINNEAPOLIS MN 55406	ROBERT HECKER	RESIDENTIAL	$449,200	168 ft
2906 DORMAN AVE MINNEAPOLIS MN 55406	MATTHEW HARELDSON	RESIDENTIAL	$342,300	172 ft
2901 45TH AVE S MINNEAPOLIS MN 55406	I W DELL III & K H OBOLENSKY	RESIDENTIAL	$508,400	178 ft
2919 46TH AVE S MINNEAPOLIS MN 55406	R D PEOTA JR & C R PEOTA	RESIDENTIAL	$379,800	180 ft

Property History

Most Recent Sale

Date198901

Price$115,000

TypeOTHER – SEE CERTIFICATE OF REAL ESTATE VALUE (CRV)

Current Tax Year

Year2026

Tax Due$6,669