3515 24TH AVE S MINNEAPOLIS MN 55406

PID: 0102824420100

Property Overview

Parcel ID0102824420100

Lot Size4,891 sq ft (0.112 ac)

Lot Dimensions (est.)122 ft wide × 40 ft deep

Year Built1914

Property ClassRESIDENTIAL-TWO UNIT

OwnerCHARLES M ROBSHAW

Assessed Value$325,600

Land Value$103,000

Building Value$222,600

Annual Tax$5,053

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictUnknown

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

Minneapolis

Median reported rent1,426/mo

Renter-occupied41.7%

Median home value$261K

Vacancy rate3.7%

ACS rents reflect current tenant leases and may differ from new market rents.

Source: 2022 ACS 5-Year Estimates · Census Tract 1087

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 depth82 ft

Area~2,468 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 2,468 sqft buildable area.

Est. units

Yield on cost

3.7%

Spread

-1.8%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
3519 24TH AVE S MINNEAPOLIS MN 55406	DAVID BRAUN	RESIDENTIAL	$276,000	40 ft
3511 24TH AVE S MINNEAPOLIS MN 55406	SARA BEAM & BRIAN THOMPSON	RESIDENTIAL	$284,000	40 ft
3523 24TH AVE S MINNEAPOLIS MN 55406	REBECCA A COLEMAN	RESIDENTIAL	$233,300	80 ft
3507 24TH AVE S MINNEAPOLIS MN 55406	ETHAN NUSS	RESIDENTIAL	$334,000	80 ft
3527 24TH AVE S MINNEAPOLIS MN 55406	KAMIE HOOVER/NICHOLAS STAHL	RESIDENTIAL	$286,900	120 ft
3503 24TH AVE S MINNEAPOLIS MN 55406	RESIDENT	—	$304,000	120 ft
3516 25TH AVE S MINNEAPOLIS MN 55406	BILLY D SCOTT	RESIDENTIAL	$300,600	136 ft
3512 25TH AVE S MINNEAPOLIS MN 55406	S DUFOUR & K SCHWINGHAMER	RESIDENTIAL	$306,800	142 ft
3520 25TH AVE S MINNEAPOLIS MN 55406	MAYA LUETKE	RESIDENTIAL	$186,500	142 ft
3506 25TH AVE S MINNEAPOLIS MN 55406	JORGE LUIS BLANCO	RESIDENTIAL	$278,000	158 ft

Property History

Most Recent Sale

Date201404

Price$173,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$5,053