2312 34TH ST E MINNEAPOLIS MN 55406

PID: 0102824240006

Property Overview

Parcel ID0102824240006

Lot Size5,922 sq ft (0.136 ac)

Lot Dimensions (est.)42 ft wide × 140 ft deep

Year Built1916

Property ClassRESIDENTIAL

OwnerSTEVEN F LANGE

Assessed Value$290,200

Land Value$110,000

Building Value$180,200

Annual Tax$4,486

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

3 permits on record since 2023 · $14K total declared value · Most recent: May 2024 (misc)

MiscMay 2024Closed

$14K

Skyline Exteriors LLC

ResOct 2023Closed

Urban Pine Plumbing and Mechanical Inc

ResJan 2023Closed

CenterPoint Energy Resource Corp

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

Neighborhood Profile

Corcoran · Minneapolis

Median reported rent1,426/mo

Renter-occupied41.7%

Median home value$261K

Vacancy rate3.7%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 1087

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 width32 ft

Buildable depth101 ft

Area~176 sqft

Estimates based on typical zoning setbacks. Actual requirements may vary by lot, overlay, or conditional approval.

Development Feasibility

Potentially Feasible

Back-of-envelope estimate based on sfr / adu benchmarks for 176 sqft buildable area.

Est. units

Yield on cost

6.7%

Spread

+1.2%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
2316 34TH ST E MINNEAPOLIS MN 55406	R M SHELDON & N E PETERS	RESIDENTIAL	$248,000	42 ft
3341 23RD AVE S MINNEAPOLIS MN 55407	DEANNA L OLSON	RESIDENTIAL	$349,200	97 ft
3337 23RD AVE S MINNEAPOLIS MN 55407	G R MILLER & C MILLER	RESIDENTIAL	$293,400	100 ft
3345 23RD AVE S MINNEAPOLIS MN 55407	SAMUEL R DELOUIS	RESIDENTIAL	$272,200	110 ft
3333 23RD AVE S MINNEAPOLIS MN 55407	SENAITE WUHIB	RESIDENTIAL	$242,700	118 ft
3329 23RD AVE S MINNEAPOLIS MN 55407	M DRISCOLL & J HAMBIDGE	RESIDENTIAL	$292,300	130 ft
3340 24TH AVE S MINNEAPOLIS MN 55406	ROBERT LICARI	RESIDENTIAL	$387,700	139 ft
3336 24TH AVE S MINNEAPOLIS MN 55406	ERIC BIEDERMAN/K LEIBFRIED	RESIDENTIAL	$254,000	141 ft
3344 24TH AVE S MINNEAPOLIS MN 55406	KAREN M SORMAN	RESIDENTIAL	$183,500	148 ft
3334 24TH AVE S MINNEAPOLIS MN 55406	ANNE C SCHINDELDECKER	RESIDENTIAL	$266,000	153 ft

Property History

Most Recent Sale

Date199205

Price$54,500

TypeOTHER – SEE CERTIFICATE OF REAL ESTATE VALUE (CRV)

Current Tax Year

Year2026

Tax Due$4,486