2201 37TH ST E MINNEAPOLIS MN 55407

PID: 0102824340016

Property Overview

Parcel ID0102824340016

Lot Size4,911 sq ft (0.113 ac)

Lot Dimensions (est.)40 ft wide × 122 ft deep

Year Built1957

Property ClassRESIDENTIAL

OwnerMARIA FINSNESS/CHRIS BASTING

Assessed Value$317,200

Land Value$117,000

Building Value$200,200

Annual Tax$4,895

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

3 permits on record since 2020 · $325K total declared value · Most recent: Oct 2023 (misc)

MiscOct 2023Closed

$13K

ESTATE CLAIM SERVICES LLC

RoofwindFeb 2022Cancelled

$312K

ALLWEATHER ROOF

ResJun 2020Closed

Weld and Sons Plumbing Inc

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

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 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

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 width27 ft

Buildable depth82 ft

Area~2,235 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 2,235 sqft buildable area.

Est. units

Yield on cost

3.2%

Spread

-2.3%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
2205 37TH ST E MINNEAPOLIS MN 55407	M D TURGEON & M S EMERY	RESIDENTIAL	$275,300	40 ft
2209 37TH ST E MINNEAPOLIS MN 55407	KENNETH J SEXTON	RESIDENTIAL	$285,700	80 ft
3711 22ND AVE S MINNEAPOLIS MN 55407	J HAUGEN & M KUNERTH	RESIDENTIAL	$333,700	105 ft
2215 37TH ST E MINNEAPOLIS MN 55407	JULIA F BRANTSEN	RESIDENTIAL	$312,600	121 ft
3702 22ND AVE S MINNEAPOLIS MN 55407	THE HUNTINGTON NATIONAL BANK	RESIDENTIAL	$313,200	141 ft
3715 22ND AVE S MINNEAPOLIS MN 55407	P NOVAK & C WERNECKE	RESIDENTIAL	$352,700	142 ft
3708 22ND AVE S MINNEAPOLIS MN 55407	SAMUEL C BALL	RESIDENTIAL	$237,700	145 ft
3700 22ND AVE S MINNEAPOLIS MN 55407	JASON ALTEKRUSE	RESIDENTIAL	$321,500	148 ft
3644 22ND AVE S MINNEAPOLIS MN 55407	MARTHA M DUNN	RESIDENTIAL	$219,400	156 ft
3712 22ND AVE S MINNEAPOLIS MN 55407	T M ERICKSON & C D ERICKSON	RESIDENTIAL	$216,900	158 ft

Property History

Most Recent Sale

Date202204

Price$393,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$4,895