3037 10TH AVE S MINNEAPOLIS MN 55407

PID: 0202824210174

Property Overview

Parcel ID0202824210174

Lot Size5,076 sq ft (0.117 ac)

Lot Dimensions (est.)127 ft wide × 40 ft deep

Year Built1900

Property ClassRESIDENTIAL

OwnerSANDRA WESTON

Assessed Value$198,000

Land Value$69,000

Building Value$129,000

Annual Tax$4,588

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Development Opportunities

Qualified Census Tract (QCT)High

Within a HUD-designated Qualified Census Tract — LIHTC projects here receive a 30% basis boost, significantly increasing the tax credit allocation for affordable housing development.

HUD — LIHTC Qualified Census Tracts ↗

Potential programs

LIHTC 30% Basis BoostMedium

Affordable housing developments in QCTs receive a 30% increase in eligible basis for Low Income Housing Tax Credits — materially improving project feasibility. Allocated through MHFA.

HUD — LIHTC Qualified Census Tracts ↗

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

Permit History

5 permits on record since 2018 · $154K total declared value · Most recent: Sep 2025 (misc)

MiscSep 2025Closed

$18K

Artisan Home Services

ExistresOct 2023Closed

Guardian Mechanical Service Inc

ResJun 2023Closed

Bredahl Plumbing Inc

RemodelMay 2023Closed

$136K

PILLAR CONSTRUCTION

ExistresOct 2018Closed

Standard Heating and Air Conditioning 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 rent1,157/mo

Renter-occupied51.4%

Median home value$305K

Vacancy rate5.2%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 85

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 width30 ft

Buildable depth87 ft

Area~2,606 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 2,606 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
3041 10TH AVE S MINNEAPOLIS MN 55407	M G G GARCIA/N B GUIJARRO	RESIDENTIAL-TWO UNIT	$326,200	40 ft
3033 10TH AVE S MINNEAPOLIS MN 55407	MORGAN CHURCH	RESIDENTIAL-TWO UNIT	$273,600	40 ft
3045 10TH AVE S MINNEAPOLIS MN 55407	ARY KERMAN	RESIDENTIAL-TWO UNIT	$308,600	80 ft
3029 10TH AVE S MINNEAPOLIS MN 55407	MORGAN W CHURCH	RESIDENTIAL-TWO UNIT	$350,900	80 ft
3025 10TH AVE S MINNEAPOLIS MN 55407	JAMES MIERNICKI	LOW INCOME RENTAL	$319,300	120 ft
3049 10TH AVE S MINNEAPOLIS MN 55407	GARY C & KARILYN K ALEXANDER	TRIPLEX	$366,400	130 ft
3040 11TH AVE S MINNEAPOLIS MN 55407	ROBERT W ROHDE	RESIDENTIAL	$155,200	138 ft
3036 11TH AVE S MINNEAPOLIS MN 55407	JULIE JONG KOCH	RESIDENTIAL	$241,300	144 ft
3042 11TH AVE S MINNEAPOLIS MN 55407	MARIO G P PULLUTASIG ET AL	RESIDENTIAL	$308,400	146 ft
3030 11TH AVE S MINNEAPOLIS MN 55407	ANGELA WILLSON	RESIDENTIAL	$292,500	159 ft

Property History

Most Recent Sale

Date199412

Price$40,000

TypeOTHER – SEE CERTIFICATE OF REAL ESTATE VALUE (CRV)

Current Tax Year

Year2026

Tax Due$4,588