3317 17TH AVE S MINNEAPOLIS MN 55407

PID: 0202824140111

Property Overview

Parcel ID0202824140111

Lot Size5,999 sq ft (0.138 ac)

Lot Dimensions (est.)121 ft wide × 50 ft deep

Year Built1900

Property ClassRESIDENTIAL

OwnerFAITH H CHRISTENSEN ET AL

Assessed Value$254,600

Land Value$88,000

Building Value$166,600

Annual Tax$4,210

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Development Opportunities

Area of Concentrated PovertyHigh

In an ACP50 area — a Minneapolis priority designation that increases scoring for Great Streets gap financing, Affordable Housing Trust Fund, and other CPED programs.

Minneapolis — Affordable Housing Trust Fund ↗

Potential programs

Great Streets Gap FinancingMedium

Below-market loans for commercial real estate development and rehabilitation on eligible corridors; priority given to Green Zone and ACP50 locations.

Minneapolis Great Streets — Gap Financing ↗

Signals are based on public datasets; program eligibility requires verification.

Permit History

2 permits on record since 2018 · Most recent: Feb 2022 (res)

ResFeb 2022Closed

CenterPoint Energy Resource Corp

ResJul 2018Closed

Warners Stellian Co Inc

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

Neighborhood Profile

Powderhorn Park · Minneapolis

Median reported rent1,294/mo

Renter-occupied49.3%

Median home value$287K

Vacancy rate4.9%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 1086

Market Snapshot

Zip code 55407

Median sale price$340K+1.5% YoY

Median price / sqft$214/sqft

Median days to close22 days

Active listings49

Source: Redfin Data Center (Invalid Date) · Zip 55407

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 width40 ft

Buildable depth80 ft

Area~3,204 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 3,204 sqft buildable area.

Est. units

Yield on cost

4.1%

Spread

-1.4%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
3321 17TH AVE S MINNEAPOLIS MN 55407	ELISE M KYLLO	RESIDENTIAL	$202,000	50 ft
3315 17TH AVE S MINNEAPOLIS MN 55407	MARK V WISE/JAN E NYLANDER	RESIDENTIAL	$302,200	50 ft
3309 17TH AVE S MINNEAPOLIS MN 55407	MARK V & JAN E WISE	RESIDENTIAL	$278,800	96 ft
3325 17TH AVE S MINNEAPOLIS MN 55407	CARA M HUNN TRUST	RESIDENTIAL	$509,000	99 ft
3316 18TH AVE S MINNEAPOLIS MN 55407	K C BERGMAN & J J SCHILLER	RESIDENTIAL	$268,800	135 ft
3310 18TH AVE S MINNEAPOLIS MN 55407	MARTA L KNUTSON	RESIDENTIAL-TWO UNIT	$434,700	144 ft
3320 18TH AVE S MINNEAPOLIS MN 55407	MAILE SIEMON	RESIDENTIAL-TWO UNIT	$363,400	144 ft
3305 17TH AVE S MINNEAPOLIS MN 55407	G M LARSON & V G HERBST	RESIDENTIAL-TWO UNIT	$303,600	145 ft
3329 17TH AVE S MINNEAPOLIS MN 55407	BRIAN PAUL LUND	RESIDENTIAL-TWO UNIT	$360,900	149 ft
3324 18TH AVE S MINNEAPOLIS MN 55407	K C PETERSON JR/E M FORRESTE	RESIDENTIAL-TWO UNIT	$412,100	168 ft

Property History

Most Recent Sale

Date202409

Price$85,000

TypeOTHER – SEE CERTIFICATE OF REAL ESTATE VALUE (CRV)

Current Tax Year

Year2026

Tax Due$4,210