1858 34TH ST E MINNEAPOLIS MN 55407

PID: 0102824230164

Property Overview

Parcel ID0102824230164

Lot Size4,611 sq ft (0.106 ac)

Lot Dimensions (est.)42 ft wide × 110 ft deep

Year Built1925

Property ClassRESIDENTIAL

OwnerJOANNE S CARLSON

Assessed Value$186,300

Land Value$82,000

Building Value$104,300

Annual Tax$2,675

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Development Opportunities

Area of Concentrated PovertyHigh

In an ACP50 area — a Minneapolis priority designation that increases scoring for Great Streets gap financing, Affordable Housing Trust Fund, and other CPED programs.

Minneapolis — Affordable Housing Trust Fund ↗

Potential programs

Great Streets Gap FinancingMedium

Below-market loans for commercial real estate development and rehabilitation on eligible corridors; priority given to Green Zone and ACP50 locations.

Minneapolis Great Streets — Gap Financing ↗

Signals are based on public datasets; program eligibility requires verification.

Permit History

1 permit on record since 2023 · $12K total declared value · Most recent: Mar 2023 (misc)

MiscMar 2023Expired

$12K

Minnesota Rusco Inc

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

Neighborhood Profile

Corcoran · Minneapolis

Median reported rent1,294/mo

Renter-occupied49.3%

Median home value$287K

Vacancy rate4.9%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 1086

Market Snapshot

Zip code 55407

Median sale price$340K+1.5% YoY

Median price / sqft$214/sqft

Median days to close22 days

Active listings49

Source: Redfin Data Center (Invalid Date) · Zip 55407

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 width31 ft

Buildable depth72 ft

Area~2,241 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 2,241 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
1862 34TH ST E MINNEAPOLIS MN 55407	MELISSA MARGARET LENIUS	RESIDENTIAL	$268,700	42 ft
1854 34TH ST E MINNEAPOLIS MN 55407	MELISSA D CAFFES	RESIDENTIAL	$278,200	42 ft
3328 19TH AVE S MINNEAPOLIS MN 55407	K C VALSTAD/L M JACOBSON	RESIDENTIAL	$252,200	81 ft
3324 19TH AVE S MINNEAPOLIS MN 55407	R D VAN PELT & P O VAN PELT	RESIDENTIAL	$430,200	131 ft
3337 LONGFELLOW AVE MINNEAPOLIS MN 55407	PETER MILLER & GINA D SCHULZ	RESIDENTIAL	$367,300	141 ft
3333 LONGFELLOW AVE MINNEAPOLIS MN 55407	CARLOS PACHECO	RESIDENTIAL	$274,000	142 ft
3400 19TH AVE S MINNEAPOLIS MN 55407	WENDI ALEXANDER	RESIDENTIAL-TWO UNIT	$355,200	156 ft
3329 LONGFELLOW AVE MINNEAPOLIS MN 55407	P MADDOX & K MADDOX	RESIDENTIAL	$254,000	160 ft
3320 19TH AVE S MINNEAPOLIS MN 55407	JOSEPH LEO KINNEY	RESIDENTIAL	$268,000	181 ft
3325 LONGFELLOW AVE MINNEAPOLIS MN 55407	OLU'S LLC	RESIDENTIAL-TWO UNIT	$300,400	191 ft

Property History

Current Tax Year

Year2026

Tax Due$2,675