3409 SNELLING AVE MINNEAPOLIS MN 55406

PID: 0102824410058

Property Overview

Parcel ID0102824410058

Lot Size5,998 sq ft (0.138 ac)

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

Year Built1910

Property ClassRESIDENTIAL

OwnerJOSE PERALTA

Assessed Value$177,800

Land Value$100,000

Building Value$77,800

Annual Tax$2,752

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 2024 · Most recent: Jan 2025 (existres)

ExistresJan 2025Closed

Home Energy Center Inc

ExistresOct 2024Expired

Professional Mechanical Services LLC

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
3413 SNELLING AVE MINNEAPOLIS MN 55406	M R & W S DORSEY	RESIDENTIAL	$241,800	40 ft
2907 34TH ST E MINNEAPOLIS MN 55406	J M KJENSTAD & W G PETERSON	RESIDENTIAL	$237,300	50 ft
3417 SNELLING AVE MINNEAPOLIS MN 55406	J N HOPSON & C D COLLINS	RESIDENTIAL	$375,900	80 ft
2901 34TH ST E MINNEAPOLIS MN 55406	JOHN A GALUSH	RESIDENTIAL	$206,500	80 ft
3421 SNELLING AVE MINNEAPOLIS MN 55406	VICKI LYNN BREWINGTON	RESIDENTIAL-TWO UNIT	$245,800	120 ft
2923 34TH ST E MINNEAPOLIS MN 55406	MINNEHAHA APARTMENTS LLC	APARTMENT	$1,091,000	132 ft
3425 SNELLING AVE MINNEAPOLIS MN 55406	P ORTIZ & E CEDILLO-HUERTA	RESIDENTIAL	$269,500	160 ft
2830 34TH ST E MINNEAPOLIS MN 55406	KERRIE ELIZABETH GOUGHNOUR	RESIDENTIAL	$232,000	194 ft
2826 34TH ST E MINNEAPOLIS MN 55406	P J POTYONDY & A L LIESCH	RESIDENTIAL	$131,000	197 ft
3429 SNELLING AVE MINNEAPOLIS MN 55406	JULIO NAVARRO CORTEZ	RESIDENTIAL	$204,700	200 ft

Property History

Most Recent Sale

Date202309

Price$120,000

TypeOTHER – SEE CERTIFICATE OF REAL ESTATE VALUE (CRV)

Current Tax Year

Year2026

Tax Due$2,752