2324 37TH ST E MINNEAPOLIS MN 55406

PID: 0102824340171

Property Overview

Parcel ID0102824340171

Lot Size6,303 sq ft (0.145 ac)

Lot Dimensions (est.)50 ft wide × 125 ft deep

Year Built1925

Property ClassRESIDENTIAL

Owner2324 E37TH HOME LLC

Assessed Value$436,000

Land Value$132,000

Building Value$304,000

Annual Tax$7,076

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

8 permits on record since 2020 · $46K total declared value · Most recent: May 2025 (res)

ResMay 2025Expired

Warners Stellian Co Inc

ResSep 2024Expired

Warners Stellian Co Inc

MiscMay 2024Closed

$20K

Close To Home Construction LLC

ResJul 2023Expired

Pronto Heating & Air Conditioning Inc

ResFeb 2023Closed

CenterPoint Energy Resource Corp

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

Setbacks

Front20 ft

Side (each)5 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width40 ft

Buildable depth86 ft

Area~3,443 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 3,443 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
2320 37TH ST E MINNEAPOLIS MN 55406	ERROL & JOY E SEYMOUR	RESIDENTIAL	$309,600	50 ft
2336 37TH ST E MINNEAPOLIS MN 55406	JUDY A BROAD	RESIDENTIAL	$281,100	50 ft
3632 24TH AVE S MINNEAPOLIS MN 55406	B A GAVIN & T A GAVIN	RESIDENTIAL	$202,300	100 ft
2314 37TH ST E MINNEAPOLIS MN 55406	E R MACNALLY & C A ANDERSON	RESIDENTIAL	$387,300	100 ft
3628 24TH AVE S MINNEAPOLIS MN 55406	RACHEL NEUMANN	RESIDENTIAL	$255,500	143 ft
2319 36 1/2 ST E MINNEAPOLIS MN 55406	PAUL I APPLEQUIST ETAL	RESIDENTIAL	$279,500	149 ft
2310 37TH ST E MINNEAPOLIS MN 55406	ROGER E JOHNSON ET AL	RESIDENTIAL	$294,500	150 ft
3700 24TH AVE S MINNEAPOLIS MN 55406	MATTHEW OLIVER MOLTAJI	RESIDENTIAL	$325,800	155 ft
2315 36 1/2 ST E MINNEAPOLIS MN 55406	SAUL M MONTES	RESIDENTIAL	$223,500	173 ft
2400 37TH ST E MINNEAPOLIS MN 55406	AARON MATTOCKS/IVY MATTOCKS	RESIDENTIAL	$326,600	175 ft

Property History

Most Recent Sale

Date202205

Price$445,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$7,076