3544 MINNEHAHA AVE MINNEAPOLIS MN 55406

PID: 0102824410108

Property Overview

Parcel ID0102824410108

Lot Size6,000 sq ft (0.138 ac)

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

Year Built1929

Property ClassTRIPLEX

OwnerDANIEL CUNNINGHAM ET AL

Assessed Value$444,600

Land Value$98,000

Building Value$346,600

Annual Tax$8,444

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

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

RM1Residence Goods and Services

Residential Mixed-Use 1 — low-density mixed residential

Typical Uses

·Apartments
·Townhomes
·Neighborhood-scale retail on ground floor

Max Height45 ft

Development Potential

Setbacks

Front20 ft

Side (each)5 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width30 ft

Buildable depth110 ft

Area~3,300 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 3-story wood frame (5–12 units) benchmarks for 3,300 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
3540 MINNEHAHA AVE MINNEAPOLIS MN 55406	NICHOLAS GERWAY/ANNA GERWAY	RESIDENTIAL	$253,800	40 ft
3548 MINNEHAHA AVE MINNEAPOLIS MN 55406	SARAH ANN AHRENDT	RESIDENTIAL	$199,600	40 ft
3536 MINNEHAHA AVE MINNEAPOLIS MN 55406	YESENIA CASALEZ-SANCHEZ ETAL	RESIDENTIAL	$336,200	80 ft
3552 MINNEHAHA AVE MINNEAPOLIS MN 55406	COMMUNITY HOUSING RESOURCES	RESIDENTIAL	$0	80 ft
3556 MINNEHAHA AVE MINNEAPOLIS MN 55406	J D AUSTIN & K J AUSTIN	RESIDENTIAL	$374,500	119 ft
3532 MINNEHAHA AVE MINNEAPOLIS MN 55406	ANGELA G LARSON	RESIDENTIAL	$301,600	120 ft
3528 MINNEHAHA AVE MINNEAPOLIS MN 55406	T T HARRIS & L E HARRIS	RESIDENTIAL	$311,300	160 ft
3563 SNELLING AVE MINNEAPOLIS MN 55406	MARIE T GILLEN	RESIDENTIAL	$286,000	160 ft
3560 MINNEHAHA AVE MINNEAPOLIS MN 55406	P W GERDTS & E G GERDTS	RESIDENTIAL	$269,700	164 ft
3559 SNELLING AVE MINNEAPOLIS MN 55406	RISA HUSTAD	RESIDENTIAL	$213,000	165 ft

Property History

Most Recent Sale

Date201612

Price$289,500

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$8,444