628 36TH ST E MINNEAPOLIS MN 55407

PID: 0202824320194

Property Overview

Parcel ID0202824320194

Lot Size3,369 sq ft (0.077 ac)

Lot Dimensions (est.)40 ft wide × 85 ft deep

Year Built1918

Property ClassRESIDENTIAL

OwnerMITCH W HANSON

Assessed Value$230,300

Land Value$59,000

Building Value$171,300

Annual Tax$3,203

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictUnknown

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

2 permits on record since 2024 · $11K total declared value · Most recent: Nov 2024 (res)

ResNov 2024Closed

CenterPoint Energy Resource Corp

MiscApr 2024Closed

$11K

Blackrock Exteriors

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

Neighborhood Profile

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

Setbacks

Front20 ft

Side (each)5 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width29 ft

Buildable depth46 ft

Area~1,346 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 1,346 sqft buildable area.

Est. units

Yield on cost

2.7%

Spread

-2.8%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
624 36TH ST E MINNEAPOLIS MN 55407	H KIRKWOOD & T FRANK	RESIDENTIAL	$215,900	40 ft
3545 OAKLAND AVE MINNEAPOLIS MN 55407	N P ANDREWS & P ANDREWS	RESIDENTIAL	$196,500	75 ft
620 36TH ST E MINNEAPOLIS MN 55407	PETER GERARD LAWSTUEN	RESIDENTIAL	$171,000	78 ft
3550 PARK AVE MINNEAPOLIS MN 55407	EBULLIENT INVESTMENTS LLC	APARTMENT	$1,361,000	92 ft
3544 PARK AVE MINNEAPOLIS MN 55407	P NUNEZ-OBETZ & C OBETZ	TRIPLEX	$405,000	112 ft
3541 OAKLAND AVE MINNEAPOLIS MN 55407	J & C HUFF JR	RESIDENTIAL	$218,200	114 ft
3540 PARK AVE MINNEAPOLIS MN 55407	L N MCGEE-WHITSON/D WHITSON	RESIDENTIAL	$258,000	140 ft
3537 OAKLAND AVE MINNEAPOLIS MN 55407	M J T-HANSON/J TABER-HANSON	RESIDENTIAL-TWO UNIT	$367,500	154 ft
3600 PARK AVE MINNEAPOLIS MN 55407	LOLA A JEFFRIES	RESIDENTIAL	$452,900	160 ft
625 36TH ST E MINNEAPOLIS MN 55407	JULIO R JARA & ELSA B JARA	RESIDENTIAL	$261,000	165 ft

Property History

Most Recent Sale

Date201312

Price$164,900

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$3,203