3624 24TH AVE S MINNEAPOLIS MN 55406

PID: 0102824340157

Property Overview

Parcel ID0102824340157

Lot Size3,996 sq ft (0.092 ac)

Lot Dimensions (est.)100 ft wide × 40 ft deep

Year Built1919

Property ClassRESIDENTIAL

OwnerD & V HICKS

Assessed Value$179,600

Land Value$106,000

Building Value$73,600

Annual Tax$2,561

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

1 permit on record since 2022 · Most recent: Sep 2022 (existres)

ExistresSep 2022Closed

Standard Heating and Air Conditioning Inc

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 width87 ft

Buildable depth0 ft

Area~1,617 sqft

Lot dimensions are insufficient for the standard setbacks shown.

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 1,617 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
3628 24TH AVE S MINNEAPOLIS MN 55406	RACHEL NEUMANN	RESIDENTIAL	$255,500	43 ft
3632 24TH AVE S MINNEAPOLIS MN 55406	B A GAVIN & T A GAVIN	RESIDENTIAL	$202,300	86 ft
2319 36 1/2 ST E MINNEAPOLIS MN 55406	PAUL I APPLEQUIST ETAL	RESIDENTIAL	$279,500	86 ft
3622 24TH AVE S MINNEAPOLIS MN 55406	TODD BAKKEN	RESIDENTIAL	$219,200	100 ft
2315 36 1/2 ST E MINNEAPOLIS MN 55406	SAUL M MONTES	RESIDENTIAL	$223,500	132 ft
3616 24TH AVE S MINNEAPOLIS MN 55406	YUKO BACH MARUYAMA	RESIDENTIAL	$260,600	143 ft
2318 36 1/2 ST E MINNEAPOLIS MN 55406	PETER C SHAKMAN	RESIDENTIAL	$265,800	162 ft
2311 36 1/2 ST E MINNEAPOLIS MN 55406	DAVID L & RHONDA R SCHUBERT	RESIDENTIAL	$261,500	180 ft
2324 37TH ST E MINNEAPOLIS MN 55406	2324 E37TH HOME LLC	RESIDENTIAL	$436,000	185 ft
2336 37TH ST E MINNEAPOLIS MN 55406	JUDY A BROAD	RESIDENTIAL	$281,100	185 ft

Property History

Current Tax Year

Year2026

Tax Due$2,561