3326 OAKLAND AVE MINNEAPOLIS MN 55407

PID: 0202824230139

Property Overview

Parcel ID0202824230139

Lot Size4,743 sq ft (0.109 ac)

Lot Dimensions (est.)119 ft wide × 40 ft deep

Year Built1903

Property ClassRESIDENTIAL

OwnerPAMELA S RICHARDSON REV TR

Assessed Value$239,000

Land Value$59,000

Building Value$180,000

Annual Tax$3,336

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 ↗

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 ↗

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 rent1,458/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

Setbacks

Front20 ft

Side (each)5 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width30 ft

Buildable depth79 ft

Area~2,357 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 2,357 sqft buildable area.

Est. units

Yield on cost

4.0%

Spread

-1.5%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
3330 OAKLAND AVE MINNEAPOLIS MN 55407	JUAN CARLOS GONZALEZ	RESIDENTIAL-TWO UNIT	$361,800	40 ft
3322 OAKLAND AVE MINNEAPOLIS MN 55407	NONA INVIE & RENEE RETKA	RESIDENTIAL	$290,800	40 ft
3334 OAKLAND AVE MINNEAPOLIS MN 55407	R A BERRA JR & D M MCCLEERY	RESIDENTIAL	$264,100	80 ft
3318 OAKLAND AVE MINNEAPOLIS MN 55407	P B KNIGHT	RESIDENTIAL	$315,000	80 ft
3338 OAKLAND AVE MINNEAPOLIS MN 55407	ETHAN LUCE & HANNA LUCE	RESIDENTIAL	$267,500	119 ft
3314 OAKLAND AVE MINNEAPOLIS MN 55407	COMMUNITY HOUSING RESOURCES	RESIDENTIAL	$0	124 ft
3327 PORTLAND AVE MINNEAPOLIS MN 55407	FREDY OJEDA	RESIDENTIAL-TWO UNIT	$317,600	130 ft
3323 PORTLAND AVE MINNEAPOLIS MN 55407	IBUCHWA G KISONGO ETAL	RESIDENTIAL-TWO UNIT	$404,400	137 ft
3331 PORTLAND AVE MINNEAPOLIS MN 55407	T J HANNACK & K A HANNACK	RESIDENTIAL	$338,900	139 ft
3319 PORTLAND AVE MINNEAPOLIS MN 55407	SEAN CHURCHILL-WEEKES	RESIDENTIAL	$355,000	154 ft

Property History

Current Tax Year

Year2026

Tax Due$3,336