3032 31ST AVE S MINNEAPOLIS MN 55406

PID: 0102824110018

Property Overview

Parcel ID0102824110018

Lot Size5,484 sq ft (0.126 ac)

Lot Dimensions (est.)127 ft wide × 43 ft deep

Year Built1908

Property ClassRESIDENTIAL

OwnerHENRY TYRONE TAYLOR

Assessed Value$197,000

Land Value$91,000

Building Value$106,000

Annual Tax$3,050

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

Longfellow · Minneapolis

Median reported rent1,037/mo

Renter-occupied58.5%

Median home value$302K

Vacancy rate13.8%

ACS rents reflect current tenant leases and may differ from new market rents.

Source: 2022 ACS 5-Year Estimates · Census Tract 1088

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 width33 ft

Buildable depth88 ft

Area~2,888 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 2,888 sqft buildable area.

Est. units

Yield on cost

3.9%

Spread

-1.6%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
3028 31ST AVE S MINNEAPOLIS MN 55406	MICHAEL A PLIEGO DOMINGUEZ	RESIDENTIAL	$158,300	43 ft
3036 31ST AVE S MINNEAPOLIS MN 55406	J A O'BAOIGHILL & G CIABO	RESIDENTIAL	$298,400	43 ft
3024 31ST AVE S MINNEAPOLIS MN 55406	R T HUNTER & R HUNTER	RESIDENTIAL-TWO UNIT	$314,000	86 ft
3040 31ST AVE S MINNEAPOLIS MN 55406	DANA ELKUN & TIMOTHY FOSS	RESIDENTIAL	$276,600	86 ft
3020 31ST AVE S MINNEAPOLIS MN 55406	3014-20 31ST AVE LLC	APARTMENT	$1,350,000	139 ft
3033 30TH AVE S MINNEAPOLIS MN 55406	R & P R GORDON	RESIDENTIAL	$234,400	141 ft
3037 30TH AVE S MINNEAPOLIS MN 55406	M C GLADUE & A G MEEK	RESIDENTIAL	$286,400	148 ft
3029 30TH AVE S MINNEAPOLIS MN 55406	MITCHELL PLANK	RESIDENTIAL	$296,400	148 ft
3041 30TH AVE S MINNEAPOLIS MN 55406	M D ALLGEYER & H RIECK	RESIDENTIAL	$312,500	165 ft
3025 30TH AVE S MINNEAPOLIS MN 55406	3025 30TH AVENUE LLC ET AL	APARTMENT	$1,023,000	177 ft

Property History

Most Recent Sale

Date199611

Price$33,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$3,050