3304 OAKLAND AVE MINNEAPOLIS MN 55407

PID: 0202824230129

Property Overview

Parcel ID0202824230129

Lot Size4,158 sq ft (0.095 ac)

Lot Dimensions (est.)119 ft wide × 35 ft deep

Year Built1905

Property ClassRESIDENTIAL

OwnerA HALVORSON & K HALVORSON

Assessed Value$338,900

Land Value$55,000

Building Value$283,900

Annual Tax$5,003

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

4 permits on record since 2018 · $16K total declared value · Most recent: Nov 2024 (res)

ResNov 2024Closed

CenterPoint Energy Resource Corp

RemodelDec 2021Expired

$9K

Minnesota Rusco Inc

ResDec 2021Closed

Minnesota Rusco Inc

MiscMay 2018Closed

$7K

MAXIMUM NEEDS CONSTRUCTION LLC

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

Neighborhood Profile

Central · Minneapolis

Median reported rent1,458/mo

Renter-occupied34.5%

Median home value$302K

Vacancy rate11.2%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 84

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

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 width106 ft

Buildable depth0 ft

Area~1,733 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 small multifamily (2–4 units, wood frame) benchmarks for 1,733 sqft buildable area.

Est. units

Yield on cost

3.2%

Spread

-2.3%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
3300 OAKLAND AVE MINNEAPOLIS MN 55407	COMMUNITY HOUSING RESOURCES	RESIDENTIAL	$0	35 ft
3306 OAKLAND AVE MINNEAPOLIS MN 55407	FRANK E HUDSON	RESIDENTIAL	$263,600	38 ft
3310 OAKLAND AVE MINNEAPOLIS MN 55407	BETTY K WILSON	RESIDENTIAL-TWO UNIT	$339,100	77 ft
3314 OAKLAND AVE MINNEAPOLIS MN 55407	COMMUNITY HOUSING RESOURCES	RESIDENTIAL	$0	121 ft
616 33RD ST E MINNEAPOLIS MN 55407	F L SAETEROS & A C DIAZ	RESIDENTIAL-TWO UNIT	$255,200	131 ft
3301 PORTLAND AVE MINNEAPOLIS MN 55407	ATM PROPERTIES LLC	LOW INCOME RENTAL	$382,800	131 ft
3307 PORTLAND AVE MINNEAPOLIS MN 55407	T FLANCHRAYCH & E FRIIS	RESIDENTIAL	$247,000	135 ft
3311 PORTLAND AVE MINNEAPOLIS MN 55407	LONNY DOUB	RESIDENTIAL	$272,000	151 ft
3318 OAKLAND AVE MINNEAPOLIS MN 55407	P B KNIGHT	RESIDENTIAL	$315,000	165 ft
3248 OAKLAND AVE MINNEAPOLIS MN 55407	JULIA DURAN	RESIDENTIAL-TWO UNIT	$330,300	170 ft

Property History

Most Recent Sale

Date201901

Price$270,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$5,003