3501 11TH AVE S MINNEAPOLIS MN 55407

PID: 0202824310103

Property Overview

Parcel ID0202824310103

Lot Size5,243 sq ft (0.120 ac)

Lot Dimensions (est.)122 ft wide × 43 ft deep

Year Built1908

Property ClassRESIDENTIAL

OwnerMARY BETH BARRY

Assessed Value$394,500

Land Value$82,000

Building Value$312,500

Annual Tax$6,169

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

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 width109 ft

Buildable depth3 ft

Area~2,458 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 2,458 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
3505 11TH AVE S MINNEAPOLIS MN 55407	CITY OF LAKES COMM LAND TRST	RESIDENTIAL	$379,100	43 ft
3509 11TH AVE S MINNEAPOLIS MN 55407	GILBERT-IGELSRUD FAMILY TRST	RESIDENTIAL-TWO UNIT	$439,400	86 ft
3457 11TH AVE S MINNEAPOLIS MN 55407	JENNIFER RACHEL QUAM	RESIDENTIAL-TWO UNIT	$577,100	121 ft
3513 11TH AVE S MINNEAPOLIS MN 55407	M S & R R MANTHEI	RESIDENTIAL	$330,400	129 ft
3500 12TH AVE S MINNEAPOLIS MN 55407	JSW PROPERTIES LLC	RESIDENTIAL	$261,000	135 ft
3504 12TH AVE S MINNEAPOLIS MN 55407	AUBREY HECK & THOMAS HELLER	RESIDENTIAL	$319,600	143 ft
3508 12TH AVE S MINNEAPOLIS MN 55407	NEAL SWANGER & AMANDA STOELB	RESIDENTIAL-TWO UNIT	$463,500	161 ft
3451 11TH AVE S MINNEAPOLIS MN 55407	S E HOWES & DOMINIC T HOWES	RESIDENTIAL	$425,000	171 ft
3517 11TH AVE S MINNEAPOLIS MN 55407	ACMN PROPERTIES LLC	LOW INCOME RENTAL	$339,000	172 ft
3500 11TH AVE S MINNEAPOLIS MN 55407	BENEDICTO P TENEZACA ET AL	RESIDENTIAL	$357,800	184 ft

Property History

Current Tax Year

Year2026

Tax Due$6,169