3445 OAKLAND AVE MINNEAPOLIS MN 55407

PID: 0202824320077

Property Overview

Parcel ID0202824320077

Lot Size3,579 sq ft (0.082 ac)

Lot Dimensions (est.)73 ft wide × 49 ft deep

Year Built1921

Property ClassRESIDENTIAL

OwnerKRISTINA BOERGER

Assessed Value$266,500

Land Value$61,000

Building Value$205,500

Annual Tax$3,794

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Development Opportunities

Opportunity ZoneHigh

Within a federally designated Qualified Opportunity Zone — investors may qualify for capital gains deferrals via a Qualified Opportunity Fund.

HUD Opportunity Zones ↗

Potential programs

Environmental Response FundMedium

Grants and loans for contamination assessment and cleanup on eligible redevelopment sites; does not indicate known contamination.

Minneapolis — Brownfield Grants ↗

Signals are based on public datasets; program eligibility requires verification.

Permit History

9 permits on record since 2018 · $14K total declared value · Most recent: Nov 2024 (res)

ResNov 2024Closed

CenterPoint Energy Resource Corp

ExistresFeb 2021Closed

Dean's Professional Plumbing Inc

ResSep 2019Closed

St Croix Plumbing and Drain Cleaning LLC

MiscJun 2019Closed

$9K

ROM CO LLC

ResFeb 2019Closed

Asap Underground LLC

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

Neighborhood Profile

Central · Minneapolis

Median reported rent1,284/mo

Renter-occupied41.2%

Median home value$251K

Vacancy rate2.6%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 95

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 width60 ft

Buildable depth9 ft

Area~1,187 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 sfr / adu benchmarks for 1,187 sqft buildable area.

Est. units

Yield on cost

3.0%

Spread

-2.5%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
3441 OAKLAND AVE MINNEAPOLIS MN 55407	ERIN SMITH & BRETT SMITH	RESIDENTIAL	$369,000	51 ft
630 35TH ST E MINNEAPOLIS MN 55407	HANNAH QUINN RIVENBURGH	RESIDENTIAL	$221,200	59 ft
3439 OAKLAND AVE MINNEAPOLIS MN 55407	KAREN KASEL	RESIDENTIAL	$204,800	94 ft
3501 OAKLAND AVE MINNEAPOLIS MN 55407	PN 4 LLC	RESIDENTIAL-TWO UNIT	$362,200	111 ft
3435 OAKLAND AVE MINNEAPOLIS MN 55407	JAGILA MINSO	RESIDENTIAL	$216,600	137 ft
3444 PARK AVE MINNEAPOLIS MN 55407	LONNY DOUB	RESIDENTIAL	$397,000	152 ft
3505 OAKLAND AVE MINNEAPOLIS MN 55407	SPENCER B ROWE	RESIDENTIAL-TWO UNIT	$380,200	155 ft
3450 OAKLAND AVE MINNEAPOLIS MN 55407	CASANDRA ANN OLSON	RESIDENTIAL	$299,500	155 ft
3440 PARK AVE MINNEAPOLIS MN 55407	TAWNYA LYN KONOBECK	RESIDENTIAL	$372,900	159 ft
3444 OAKLAND AVE MINNEAPOLIS MN 55407	A H SANTOS & M D C D SANTOS	RESIDENTIAL-TWO UNIT	$329,700	163 ft

Property History

Most Recent Sale

Date201902

Price$265,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$3,794