3533 11TH AVE S MINNEAPOLIS MN 55407

PID: 0202824310042

Property Overview

Parcel ID0202824310042

Lot Size4,054 sq ft (0.093 ac)

Lot Dimensions (est.)123 ft wide × 33 ft deep

Year Built1921

Property ClassRESIDENTIAL

OwnerJOHN A DRUMMY TRUSTEE

Assessed Value$276,800

Land Value$82,000

Building Value$194,800

Annual Tax$3,967

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

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 ↗

Potential programs

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

Powderhorn Park · Minneapolis

Median reported rent1,152/mo

Renter-occupied30.0%

Median home value$271K

Vacancy rate2.9%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 96

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 width23 ft

Buildable depth83 ft

Area~1,905 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 1,905 sqft buildable area.

Est. units

Yield on cost

3.8%

Spread

-1.7%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
3531 11TH AVE S MINNEAPOLIS MN 55407	A E BROWNE & S E BRUMBELOW	RESIDENTIAL	$268,300	33 ft
3537 11TH AVE S MINNEAPOLIS MN 55407	NADEER HOME HEALTH CARE INC	APARTMENT	$1,041,000	48 ft
3527 11TH AVE S MINNEAPOLIS MN 55407	K R SORUM & E J SORUM	RESIDENTIAL	$244,300	66 ft
3525 11TH AVE S MINNEAPOLIS MN 55407	NOAH ROLF	RESIDENTIAL	$272,100	99 ft
3534 12TH AVE S MINNEAPOLIS MN 55407	KAREN S PEDERSEN	RESIDENTIAL	$344,000	136 ft
3521 11TH AVE S MINNEAPOLIS MN 55407	ANAB HAASAN	RESIDENTIAL	$339,800	136 ft
3538 12TH AVE S MINNEAPOLIS MN 55407	HOLLY SANTIAGO/ZACHARY BABEL	RESIDENTIAL-TWO UNIT	$356,600	147 ft
1104 36TH ST E MINNEAPOLIS MN 55407	C ANDREW WILLIS MAYER ET AL	RESIDENTIAL	$255,400	154 ft
3520 12TH AVE S MINNEAPOLIS MN 55407	SVEDAHL INVESTMENTS LLC	APARTMENT	$2,172,000	156 ft
1100 36TH ST E MINNEAPOLIS MN 55407	ROY E KALLEVIK	RESIDENTIAL	$143,300	161 ft

Property History

Most Recent Sale

Date198412

Price$58,500

TypeOTHER – SEE CERTIFICATE OF REAL ESTATE VALUE (CRV)

Current Tax Year

Year2026

Tax Due$3,967