3516 11TH AVE S MINNEAPOLIS MN 55407

PID: 0202824310108

Property Overview

Parcel ID0202824310108

Lot Size5,457 sq ft (0.125 ac)

Lot Dimensions (est.)127 ft wide × 43 ft deep

Year Built1922

Property ClassRESIDENTIAL

OwnerVALERIE A SCHULZ

Assessed Value$302,000

Land Value$95,000

Building Value$207,000

Annual Tax$4,634

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 2023 · $23K total declared value · Most recent: May 2025 (existres)

ExistresMay 2025Closed

Home Energy Center Inc

MiscOct 2023Closed

$23K

KAUFMAN SHEET METAL ROOFING INC

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 width33 ft

Buildable depth87 ft

Area~2,867 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 2,867 sqft buildable area.

Est. units

Yield on cost

3.9%

Spread

-1.6%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
3520 11TH AVE S MINNEAPOLIS MN 55407	KERRY DAIGS & RAIYA JOHNSON	RESIDENTIAL	$369,600	42 ft
3512 11TH AVE S MINNEAPOLIS MN 55407	WALLY S BJORKSTRAND ET AL	RESIDENTIAL	$255,300	43 ft
3524 11TH AVE S MINNEAPOLIS MN 55407	TERRY DOSH ET AL	RESIDENTIAL	$228,900	80 ft
3508 11TH AVE S MINNEAPOLIS MN 55407	JOLINE ZEPCEVSKI	RESIDENTIAL	$296,600	86 ft
3526 11TH AVE S MINNEAPOLIS MN 55407	WAYNE T MEUCHEL	RESIDENTIAL	$218,000	112 ft
3504 11TH AVE S MINNEAPOLIS MN 55407	GABRIELLE MARTIN	RESIDENTIAL-TWO UNIT	$267,000	129 ft
3519 10TH AVE S MINNEAPOLIS MN 55407	DANIEL E STENSBY	RESIDENTIAL-TWO UNIT	$295,200	139 ft
3515 10TH AVE S MINNEAPOLIS MN 55407	V A ROWLAND & P ROWLAND	RESIDENTIAL	$289,200	141 ft
3532 11TH AVE S MINNEAPOLIS MN 55407	PIERRE C LACASSE	RESIDENTIAL	$150,600	146 ft
3521 10TH AVE S MINNEAPOLIS MN 55407	ELLISON GRIEP	RESIDENTIAL	$281,000	146 ft

Property History

Most Recent Sale

Date201410

Price$162,300

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$4,634