2328 35TH ST E MINNEAPOLIS MN 55406

PID: 0102824310129

Property Overview

Parcel ID0102824310129

Lot Size4,568 sq ft (0.105 ac)

Lot Dimensions (est.)43 ft wide × 106 ft deep

Year Built1905

Property ClassRESIDENTIAL

OwnerKAREN A SWANBERG

Assessed Value$144,900

Land Value$87,000

Building Value$57,900

Annual Tax$2,575

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

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

Front Street

On corner lots, the selected street determines which setbacks apply to each side.

Setbacks

Front20 ft

Interior side5 ft

Street side (est.)8 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width30 ft

Buildable depth66 ft

Area~1,989 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 1,989 sqft buildable area.

Est. units

Yield on cost

3.7%

Spread

-1.8%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
2324 35TH ST E MINNEAPOLIS MN 55406	EMILY ELINOR GOLDTHWAITE	RESIDENTIAL	$257,600	43 ft
2320 35TH ST E MINNEAPOLIS MN 55406	M L ROSAS & I LUNA-MARTINEZ	RESIDENTIAL	$185,800	87 ft
3436 24TH AVE S MINNEAPOLIS MN 55406	JAMES HARLEY PATTERSON ET AL	RESIDENTIAL	$265,100	101 ft
2316 35TH ST E MINNEAPOLIS MN 55406	KENNETH G TOUTGES	RESIDENTIAL	$163,000	129 ft
2335 35TH ST E MINNEAPOLIS MN 55406	PAMELA KAY LAIZURE	RESIDENTIAL	$276,000	139 ft
3430 24TH AVE S MINNEAPOLIS MN 55406	BRADLEY STONE INVESTMNTS LLC	RESIDENTIAL-TWO UNIT	$547,400	141 ft
3451 24TH AVE S MINNEAPOLIS MN 55406	ALEX WADE NAKAMOTO	RESIDENTIAL	$333,000	162 ft
3455 24TH AVE S MINNEAPOLIS MN 55406	G D THORSETT ET AL	RESIDENTIAL	$344,100	166 ft
3447 24TH AVE S MINNEAPOLIS MN 55406	DOUGLAS J STETZ	RESIDENTIAL	$297,900	169 ft
3443 24TH AVE S MINNEAPOLIS MN 55406	ALICIA WALLACE	RESIDENTIAL	$367,900	184 ft

Property History

Most Recent Sale

Date200004

Price$72,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$2,575