3521 11TH AVE S MINNEAPOLIS MN 55407

PID: 0202824310098

Property Overview

Parcel ID0202824310098

Lot Size5,100 sq ft (0.117 ac)

Lot Dimensions (est.)122 ft wide × 42 ft deep

Year Built1990

Property ClassRESIDENTIAL

OwnerANAB HAASAN

Assessed Value$339,800

Land Value$93,000

Building Value$246,800

Annual Tax$5,249

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

2 permits on record since 2018 · Most recent: Mar 2020 (res)

ResMar 2020Closed

Linn Star Transfer Inc

ResJun 2018Closed

Rightmark LLC

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 width32 ft

Buildable depth81 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

3.5%

Spread

-2.0%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
3525 11TH AVE S MINNEAPOLIS MN 55407	NOAH ROLF	RESIDENTIAL	$272,100	38 ft
3517 11TH AVE S MINNEAPOLIS MN 55407	ACMN PROPERTIES LLC	LOW INCOME RENTAL	$339,000	42 ft
3527 11TH AVE S MINNEAPOLIS MN 55407	K R SORUM & E J SORUM	RESIDENTIAL	$244,300	70 ft
3513 11TH AVE S MINNEAPOLIS MN 55407	M S & R R MANTHEI	RESIDENTIAL	$330,400	85 ft
3531 11TH AVE S MINNEAPOLIS MN 55407	A E BROWNE & S E BRUMBELOW	RESIDENTIAL	$268,300	104 ft
3509 11TH AVE S MINNEAPOLIS MN 55407	GILBERT-IGELSRUD FAMILY TRST	RESIDENTIAL-TWO UNIT	$439,400	128 ft
3533 11TH AVE S MINNEAPOLIS MN 55407	JOHN A DRUMMY TRUSTEE	RESIDENTIAL	$276,800	136 ft
3516 12TH AVE S MINNEAPOLIS MN 55407	J T ALFORD & N J BENNETT	RESIDENTIAL	$331,500	141 ft
3520 12TH AVE S MINNEAPOLIS MN 55407	SVEDAHL INVESTMENTS LLC	APARTMENT	$2,172,000	147 ft
3512 12TH AVE S MINNEAPOLIS MN 55407	D TIMM & J R FISCHER	RESIDENTIAL	$398,600	159 ft

Property History

Most Recent Sale

Date202506

Price$374,900

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$5,249