3511 SNELLING AVE MINNEAPOLIS MN 55406

PID: 0102824410126

Property Overview

Parcel ID0102824410126

Lot Size5,991 sq ft (0.138 ac)

Lot Dimensions (est.)152 ft wide × 40 ft deep

Year Built1914

Property ClassRESIDENTIAL

OwnerSEAN LINCOLN ARCO

Assessed Value$294,900

Land Value$100,000

Building Value$194,900

Annual Tax$4,565

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 · $12K total declared value · Most recent: Apr 2020 (misc)

MiscApr 2020Cancelled

$6K

C & M HOMES LLC

MiscApr 2020Closed

$6K

C & M HOMES 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~3,293 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 3,293 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
3515 SNELLING AVE MINNEAPOLIS MN 55406	P A PACHECO & M PACHECO JR	RESIDENTIAL	$151,000	40 ft
3509 SNELLING AVE MINNEAPOLIS MN 55406	LUCILLE N RUSSELL	RESIDENTIAL	$234,400	40 ft
3519 SNELLING AVE MINNEAPOLIS MN 55406	3519 SNELLING LLC	RESIDENTIAL	$241,300	80 ft
3505 SNELLING AVE MINNEAPOLIS MN 55406	MARK M CURRIE	RESIDENTIAL	$162,000	91 ft
3017 35TH ST E MINNEAPOLIS MN 55406	DONALD R GATHERIDGE	RESIDENTIAL	$241,300	108 ft
3523 SNELLING AVE MINNEAPOLIS MN 55406	LEAH ZARBANO	RESIDENTIAL	$286,900	120 ft
3021 35TH ST E MINNEAPOLIS MN 55406	DARREN HOBART CAMPBELL ET AL	RESIDENTIAL	$243,000	146 ft
3527 SNELLING AVE MINNEAPOLIS MN 55406	RFC FIELDS LLC	RESIDENTIAL	$209,800	160 ft
3016 35TH ST E MINNEAPOLIS MN 55406	RODNEY I ADAMS TRUST	RESIDENTIAL	$164,400	182 ft
3504 MINNEHAHA AVE MINNEAPOLIS MN 55406	GABRIEL M PETERSEN	RESIDENTIAL	$243,700	183 ft

Property History

Most Recent Sale

Date201911

Price$160,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$4,565