2320 33RD ST E MINNEAPOLIS MN 55406

PID: 0102824240166

Property Overview

Parcel ID0102824240166

Lot Size5,433 sq ft (0.125 ac)

Lot Dimensions (est.)46 ft wide × 119 ft deep

Year Built1911

Property ClassRESIDENTIAL

OwnerTHOMAS FRICKE

Assessed Value$297,700

Land Value$106,000

Building Value$191,700

Annual Tax$4,587

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

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 width35 ft

Buildable depth81 ft

Area~2,821 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 2,821 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
2324 33RD ST E MINNEAPOLIS MN 55406	AMY LYNNE SMITH	RESIDENTIAL	$218,500	42 ft
2316 33RD ST E MINNEAPOLIS MN 55406	V A KUEHN LARSON/K D LARSON	RESIDENTIAL	$299,600	45 ft
2328 33RD ST E MINNEAPOLIS MN 55406	KRISTIN L GRIEVE	RESIDENTIAL	$212,100	83 ft
3240 24TH AVE S MINNEAPOLIS MN 55406	KAIA R KNUTSON	RESIDENTIAL	$285,600	94 ft
2312 33RD ST E MINNEAPOLIS MN 55406	LINDA RADIUS	RESIDENTIAL	$265,300	105 ft
3236 24TH AVE S MINNEAPOLIS MN 55406	H W GROSS & J M GROSS	RESIDENTIAL	$228,000	129 ft
2317 33RD ST E MINNEAPOLIS MN 55406	CALEB THILGES/HELEN THILGES	RESIDENTIAL	$248,100	165 ft
3232 24TH AVE S MINNEAPOLIS MN 55406	B T VOLZ & V E EICKHOFF	RESIDENTIAL	$312,800	166 ft
3302 24TH AVE S MINNEAPOLIS MN 55406	TIMOTHY R REEDE	RESIDENTIAL	$352,900	168 ft
3233 23RD AVE S MINNEAPOLIS MN 55407	LIONEL ROSS SLETTEN SUBJ/LE	RESIDENTIAL	$284,000	188 ft

Property History

Most Recent Sale

Date201911

Price$206,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$4,587