3404 SNELLING AVE MINNEAPOLIS MN 55406

PID: 0102824410135

Property Overview

Parcel ID0102824410135

Lot Size5,994 sq ft (0.138 ac)

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

Year Built1900

Property ClassRESIDENTIAL

OwnerFELISA L RITZMAN TRUST

Assessed Value$174,400

Land Value$100,000

Building Value$74,400

Annual Tax$2,700

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

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

Setbacks

Front20 ft

Side (each)5 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width141 ft

Buildable depth0 ft

Area~3,295 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 3-story wood frame (5–12 units) benchmarks for 3,295 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
3408 SNELLING AVE MINNEAPOLIS MN 55406	JAMA KHALIF & FAIZA IBRAHIM	RESIDENTIAL	$342,000	40 ft
3400 SNELLING AVE MINNEAPOLIS MN 55406	TENTWENTYTHREE LLC	VACANT LAND-APARTMENT	$52,300	54 ft
2811 34TH ST E MINNEAPOLIS MN 55406	T M CICHY & F J CICHY	RESIDENTIAL	$188,300	74 ft
3410 SNELLING AVE MINNEAPOLIS MN 55406	WODELE HOLDINGS LLC	LAND - INDUSTRIAL	$84,000	80 ft
3414 SNELLING AVE MINNEAPOLIS MN 55406	WODELE HOLDINGS LLC	INDUSTRIAL-PREFERRED	$448,000	120 ft
3418 SNELLING AVE MINNEAPOLIS MN 55406	PILAR RICK	RESIDENTIAL	$211,800	160 ft
3348 SNELLING AVE MINNEAPOLIS MN 55406	DON SIVIGNY	RESIDENTIAL	$137,000	176 ft
2901 34TH ST E MINNEAPOLIS MN 55406	JOHN A GALUSH	RESIDENTIAL	$206,500	189 ft
3420 SNELLING AVE MINNEAPOLIS MN 55406	NPG MUSIC PUBLISHING LLC	RESIDENTIAL	$330,200	200 ft
3344 SNELLING AVE MINNEAPOLIS MN 55406	INDUSTRIAL PLASTICS OF MPLS	RESIDENTIAL	$156,300	211 ft

Property History

Most Recent Sale

Date201404

Price$85,000

TypeQUIT CLAIM DEED

Current Tax Year

Year2026

Tax Due$2,700