2800 31ST ST E MINNEAPOLIS MN 55406

PID: 0102824110124

Property Overview

Parcel ID0102824110124

Lot Size50,840 sq ft (1.167 ac)

Lot Dimensions (est.)237 ft wide × 215 ft deep

Year Built1978

Property ClassLOW INCOME RENTAL

OwnerTRINITY LIMITED PARTNERSHIP

Assessed Value$15,173,000

Land Value$688,500

Building Value$14,484,500

Annual Tax$59,195

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

5 permits on record since 2006 · $6.9M total declared value · Most recent: Dec 2020 (comnofdbv)

ComnofdbvDec 2020Closed

United States Mechanical Inc

Commercial Multi-FamilyMar 2020Closed

$326K

United States Mechanical Inc

RemodelMar 2020Closed

$6.5M

FRERICHS CONSTRUCTION CO

ComnofdbvFeb 2020Closed

United States Mechanical Inc

Building Re-inspectionOct 2006

$61K

Source: Minneapolis open data. Declared construction values are applicant-reported and may not reflect actual project cost.

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$386K+4.2% YoY

Median price / sqft$263/sqft

Median days to close13 days

Active listings43

Source: Redfin Data Center (Invalid Date) · Zip 55406

Zoning

CM3Community Mixed Use

Property History

Most Recent Sale

Date202003

Price$13,500,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$59,195

Development Feasibility

No buildable area could be estimated under current zoning setbacks. The lot may be too small or the setbacks consume the entire parcel.

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
2818 31ST ST E MINNEAPOLIS MN 55406	SOUTHEAST RENTAL LLC	APARTMENT	$564,000	174 ft
2730 31ST ST E MINNEAPOLIS MN 55406	HOLY TRINITY LUTH CH MPLS	COMMERCIAL-PREFERRED	$0	195 ft
3101 28TH AVE S MINNEAPOLIS MN 55406	MICHAEL S JOHNSON	RESIDENTIAL	$238,400	201 ft
3030 29TH AVE S MINNEAPOLIS MN 55406	230 LLC	APARTMENT	$1,021,000	205 ft
3024 29TH AVE S MINNEAPOLIS MN 55406	ANGELA NEUHAUS	RESIDENTIAL	$228,000	209 ft
3020 29TH AVE S MINNEAPOLIS MN 55406	ROBERT BIXBY	RESIDENTIAL	$306,600	226 ft
2813 LAKE ST E MINNEAPOLIS MN 55406	HOLY TRINITY LUTHERAN CHURCH	LAND-COMMERCIAL	$0	239 ft
3034 29TH AVE S MINNEAPOLIS MN 55406	AREN WILLIAM FRYMIRE	APARTMENT	$296,000	246 ft
3107 28TH AVE S MINNEAPOLIS MN 55406	PABLO ARIAS	RESIDENTIAL	$264,300	246 ft
2805 LAKE ST E MINNEAPOLIS MN 55406	HOLY TRINITY LUTHERAN CHURCH	APARTMENT	$3,088,000	252 ft