3441 SNELLING AVE MINNEAPOLIS MN 55406

PID: 0102824410050

Property Overview

Parcel ID0102824410050

Lot Size5,998 sq ft (0.138 ac)

Lot Dimensions (est.)151 ft wide × 40 ft deep

Year Built1916

Property ClassRESIDENTIAL

OwnerWILLIAM D HENRY ETAL

Assessed Value$248,800

Land Value$100,000

Building Value$148,800

Annual Tax$4,184

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

2 permits on record since 2020 · $6K total declared value · Most recent: Feb 2020 (res)

ResFeb 2020Closed

Plumbing West Inc

RemodelJan 2020Closed

$6K

UNGERMAN INC

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

Neighborhood Profile

Howe · Minneapolis

Median reported rent1,037/mo

Renter-occupied58.5%

Median home value$302K

Vacancy rate13.8%

ACS rents reflect current tenant leases and may differ from new market rents.

Source: 2022 ACS 5-Year Estimates · Census Tract 1088

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 width30 ft

Buildable depth110 ft

Area~3,298 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 3,298 sqft buildable area.

Est. units

Yield on cost

4.0%

Spread

-1.5%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
3445 SNELLING AVE MINNEAPOLIS MN 55406	JEANETTE MITCHELL	RESIDENTIAL	$197,000	40 ft
3437 SNELLING AVE MINNEAPOLIS MN 55406	S PORTER & D PORTER	RESIDENTIAL	$376,300	40 ft
3449 SNELLING AVE MINNEAPOLIS MN 55406	JOHN B WIEBOLT	RESIDENTIAL-TWO UNIT	$357,400	80 ft
3433 SNELLING AVE MINNEAPOLIS MN 55406	NOLAN HIETPAS	RESIDENTIAL-TWO UNIT	$334,000	80 ft
3453 SNELLING AVE MINNEAPOLIS MN 55406	LAURA R SCHMIDT	RESIDENTIAL	$276,200	120 ft
3429 SNELLING AVE MINNEAPOLIS MN 55406	JULIO NAVARRO CORTEZ	RESIDENTIAL	$204,700	120 ft
3457 SNELLING AVE MINNEAPOLIS MN 55406	E AUCAPINA & C AUCAPINA	RESIDENTIAL-TWO UNIT	$323,800	160 ft
3425 SNELLING AVE MINNEAPOLIS MN 55406	P ORTIZ & E CEDILLO-HUERTA	RESIDENTIAL	$269,500	160 ft
3428 MINNEHAHA AVE MINNEAPOLIS MN 55406	ANNA LEMKE/HAYLEY ESPELIEN	RESIDENTIAL	$269,100	165 ft
3432 MINNEHAHA AVE MINNEAPOLIS MN 55406	PAULA SACKMAN	RESIDENTIAL	$266,700	169 ft

Property History

Current Tax Year

Year2026

Tax Due$4,184