3701 24TH AVE S MINNEAPOLIS MN 55406

PID: 0102824430154

Property Overview

Parcel ID0102824430154

Lot Size6,041 sq ft (0.139 ac)

Lot Dimensions (est.)122 ft wide × 50 ft deep

Year Built1915

Property ClassRESIDENTIAL

OwnerSAMANTHA LEIGH LOEKS-DAVIS

Assessed Value$291,500

Land Value$129,000

Building Value$162,500

Annual Tax$4,228

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

2 permits on record since 2023 · $13K total declared value · Most recent: Oct 2023 (misc)

MiscOct 2023Closed

$13K

CV CONTRACTING LLC

ResFeb 2023Closed

CenterPoint Energy Resource Corp

Source: Minneapolis open data. Declared construction values are applicant-reported and may not reflect actual project cost.

Neighborhood Profile

Standish · 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

Front Street

On corner lots, the selected street determines which setbacks apply to each side.

Setbacks

Front20 ft

Interior side5 ft

Street side (est.)8 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width109 ft

Buildable depth10 ft

Area~2,994 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 2,994 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
3705 24TH AVE S MINNEAPOLIS MN 55406	J D MILLER & K L MILLER	RESIDENTIAL	$262,200	50 ft
3709 24TH AVE S MINNEAPOLIS MN 55406	CITY OF LAKES COMM LAND TRST	—	$252,600	99 ft
3702 25TH AVE S MINNEAPOLIS MN 55406	LISA K PEDERSEN	RESIDENTIAL	$275,400	136 ft
2406 37TH ST E MINNEAPOLIS MN 55406	SHELBEE JAEGER	RESIDENTIAL	$243,400	140 ft
3704 25TH AVE S MINNEAPOLIS MN 55406	MCDANIEL FOLEY/SOPHIE BUSCH	RESIDENTIAL	$294,100	144 ft
2410 37TH ST E MINNEAPOLIS MN 55406	CHELSEA JANSSEN	RESIDENTIAL	$269,700	146 ft
2400 37TH ST E MINNEAPOLIS MN 55406	AARON MATTOCKS/IVY MATTOCKS	RESIDENTIAL	$326,600	146 ft
3715 24TH AVE S MINNEAPOLIS MN 55406	MICHAEL J OVERBY	RESIDENTIAL	$228,100	148 ft
3708 25TH AVE S MINNEAPOLIS MN 55406	CYNTHIA L WENTLAND	RESIDENTIAL	$333,600	168 ft
2416 37TH ST E MINNEAPOLIS MN 55406	SHERRY GRIFFIN	RESIDENTIAL	$286,600	169 ft

Property History

Most Recent Sale

Date202307

Price$327,500

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$4,228