3700 24TH AVE S MINNEAPOLIS MN 55406

PID: 0102824340070

Property Overview

Parcel ID0102824340070

Lot Size5,539 sq ft (0.127 ac)

Lot Dimensions (est.)112 ft wide × 50 ft deep

Year Built1927

Property ClassRESIDENTIAL

OwnerMATTHEW OLIVER MOLTAJI

Assessed Value$325,800

Land Value$122,000

Building Value$203,800

Annual Tax$5,071

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

4 permits on record since 2017 · $6K total declared value · Most recent: Jan 2026 (existres)

ExistresJan 2026Closed

Home Care Heating and Air LLC

ExistresJan 2024Closed

Chimney Doctors

ResFeb 2023Closed

CenterPoint Energy Resource Corp

MiscApr 2017Closed

$6K

LIBERTE CONSTRUCTION LLC

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

Neighborhood Profile

Standish · 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 width99 ft

Buildable depth10 ft

Area~2,624 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 2,624 sqft buildable area.

Est. units

Yield on cost

3.4%

Spread

-2.1%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
3704 24TH AVE S MINNEAPOLIS MN 55406	MICHAL SAGAR/GREGORY SAGAR	RESIDENTIAL	$298,100	50 ft
2317 37TH ST E MINNEAPOLIS MN 55406	KATHERINE PROCK & ET AL	RESIDENTIAL	$335,000	99 ft
3708 24TH AVE S MINNEAPOLIS MN 55406	J ACKERMAN & J ERICKSON	RESIDENTIAL	$291,000	99 ft
3712 24TH AVE S MINNEAPOLIS MN 55406	DAVID C ERICKSON	RESIDENTIAL	$169,700	147 ft
2324 37TH ST E MINNEAPOLIS MN 55406	2324 E37TH HOME LLC	RESIDENTIAL	$436,000	155 ft
2336 37TH ST E MINNEAPOLIS MN 55406	JUDY A BROAD	RESIDENTIAL	$281,100	157 ft
2311 37TH ST E MINNEAPOLIS MN 55406	MELVIN JONES ETAL	RESIDENTIAL-TWO UNIT	$431,700	167 ft
2320 37TH ST E MINNEAPOLIS MN 55406	ERROL & JOY E SEYMOUR	RESIDENTIAL	$309,600	169 ft
3716 24TH AVE S MINNEAPOLIS MN 55406	C&B HOLDINGS LLC	RESIDENTIAL-TWO UNIT	$432,200	186 ft
2314 37TH ST E MINNEAPOLIS MN 55406	E R MACNALLY & C A ANDERSON	RESIDENTIAL	$387,300	194 ft

Property History

Most Recent Sale

Date201211

Price$135,100

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$5,071