3534 11TH AVE S MINNEAPOLIS MN 55407

PID: 0202824310049

Property Overview

Parcel ID0202824310049

Lot Size4,170 sq ft (0.096 ac)

Lot Dimensions (est.)126 ft wide × 33 ft deep

Year Built1900

Property ClassRESIDENTIAL

OwnerLENORA G FINLEY

Assessed Value$239,300

Land Value$82,000

Building Value$157,300

Annual Tax$3,881

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

1 permit on record since 2022 · Most recent: Apr 2022 (res)

ResApr 2022Closed

CenterPoint Energy Resource Corp

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

Neighborhood Profile

Powderhorn Park · Minneapolis

Median reported rent1,152/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 depth86 ft

Area~1,986 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 1,986 sqft buildable area.

Est. units

Yield on cost

3.7%

Spread

-1.8%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
3532 11TH AVE S MINNEAPOLIS MN 55407	PIERRE C LACASSE	RESIDENTIAL	$150,600	33 ft
3540 11TH AVE S MINNEAPOLIS MN 55407	SVEDAHL INVESTMENTS LLC	APARTMENT	$1,050,000	48 ft
3526 11TH AVE S MINNEAPOLIS MN 55407	WAYNE T MEUCHEL	RESIDENTIAL	$218,000	66 ft
3524 11TH AVE S MINNEAPOLIS MN 55407	TERRY DOSH ET AL	RESIDENTIAL	$228,900	99 ft
3520 11TH AVE S MINNEAPOLIS MN 55407	KERRY DAIGS & RAIYA JOHNSON	RESIDENTIAL	$369,600	136 ft
3531 10TH AVE S MINNEAPOLIS MN 55407	K KNAPP & S GRANDFIELD	RESIDENTIAL-TWO UNIT	$409,300	139 ft
3539 10TH AVE S MINNEAPOLIS MN 55407	G G MORENO & M D S GILES	RESIDENTIAL	$326,000	142 ft
3541 10TH AVE S MINNEAPOLIS MN 55407	ROBERT D ZEMAM	RESIDENTIAL	$176,000	152 ft
1016 36TH ST E MINNEAPOLIS MN 55407	JOSEPH B BECK	RESIDENTIAL	$229,000	155 ft
1022 36TH ST E MINNEAPOLIS MN 55407	W CHILDRESS & M STONER	RESIDENTIAL-TWO UNIT	$432,800	158 ft

Property History

Current Tax Year

Year2026

Tax Due$3,881