3400 SNELLING AVE MINNEAPOLIS MN 55406

PID: 0102824410061

Property Overview

Parcel ID0102824410061

Lot Size3,267 sq ft (0.075 ac)

Lot Dimensions (est.)95 ft wide × 34 ft deep

Year Built0

Property ClassVACANT LAND-APARTMENT

OwnerTENTWENTYTHREE LLC

Assessed Value$52,300

Land Value$52,300

Building Value$0

Annual Tax$994

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Development Opportunities

Potentially 4d-Eligible PropertyMedium

Property type suggests multifamily rental use — may qualify for the Minneapolis 4d program, which reduces property taxes to ~0.25% in exchange for affordability commitments. Requires 3+ units and a current rental license.

Minneapolis — 4d Affordable Housing Incentive ↗

Signals are based on public datasets; program eligibility requires verification.

Permit History

No permits found in Minneapolis open data for this parcel.

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

UN3Urban Neighborhood 3

Urban Neighborhood 3 — medium-density residential

Typical Uses

·Apartment buildings
·Mixed-use with neighborhood retail

Max Height50 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.)10 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width80 ft

Buildable depth0 ft

Area~956 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 sfr / adu benchmarks for 956 sqft buildable area.

Est. units

Yield on cost

3.6%

Spread

-1.9%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
3404 SNELLING AVE MINNEAPOLIS MN 55406	FELISA L RITZMAN TRUST	RESIDENTIAL	$174,400	54 ft
2811 34TH ST E MINNEAPOLIS MN 55406	T M CICHY & F J CICHY	RESIDENTIAL	$188,300	74 ft
3408 SNELLING AVE MINNEAPOLIS MN 55406	JAMA KHALIF & FAIZA IBRAHIM	RESIDENTIAL	$342,000	89 ft
3410 SNELLING AVE MINNEAPOLIS MN 55406	WODELE HOLDINGS LLC	LAND - INDUSTRIAL	$84,000	127 ft
3348 SNELLING AVE MINNEAPOLIS MN 55406	DON SIVIGNY	RESIDENTIAL	$137,000	129 ft
3414 SNELLING AVE MINNEAPOLIS MN 55406	WODELE HOLDINGS LLC	INDUSTRIAL-PREFERRED	$448,000	166 ft
2822 34TH ST E MINNEAPOLIS MN 55406	H CASSIDY/A MULLIGAN SUBJ/LE	RESIDENTIAL	$120,100	168 ft
3344 SNELLING AVE MINNEAPOLIS MN 55406	INDUSTRIAL PLASTICS OF MPLS	RESIDENTIAL	$156,300	169 ft
2901 34TH ST E MINNEAPOLIS MN 55406	JOHN A GALUSH	RESIDENTIAL	$206,500	178 ft
3346 SNELLING AVE MINNEAPOLIS MN 55406	T M CICHY & F J CICHY	INDUSTRIAL-PREFERRED	$46,000	198 ft

Property History

Most Recent Sale

Date202309

Price$80,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$994