629 37TH ST E MINNEAPOLIS MN 55407

PID: 0202824330178

Property Overview

Parcel ID0202824330178

Lot Size3,862 sq ft (0.089 ac)

Lot Dimensions (est.)41 ft wide × 94 ft deep

Year Built1900

Property ClassRESIDENTIAL

OwnerI A BLAYLARK & E D BLAYLARK

Assessed Value$191,300

Land Value$72,000

Building Value$119,300

Annual Tax$2,540

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 ↗

Cultural District — 38th StreetHigh

Within the 38th Street Cultural District — eligible for Great Streets priority financing and cultural district-specific CPED programs.

Minneapolis — Cultural Districts ↗

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

No permits found in Minneapolis open data for this parcel.

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 width30 ft

Buildable depth57 ft

Area~1,698 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 1,698 sqft buildable area.

Est. units

Yield on cost

3.2%

Spread

-2.3%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
625 37TH ST E MINNEAPOLIS MN 55407	MARK CEMENSKY	RESIDENTIAL	$178,000	38 ft
621 37TH ST E MINNEAPOLIS MN 55407	SARA B HUELLE	RESIDENTIAL	$235,800	77 ft
3700 PARK AVE MINNEAPOLIS MN 55407	H TORRES & A C GARBINI	RESIDENTIAL	$381,000	91 ft
3706 PARK AVE MINNEAPOLIS MN 55407	XE VANG & KER XIONG	RESIDENTIAL	$345,200	101 ft
3715 OAKLAND AVE MINNEAPOLIS MN 55407	OAKLAND HOMES LLC	APARTMENT	$795,000	105 ft
3708 PARK AVE MINNEAPOLIS MN 55407	T H NGUYEN & S E GONZALEZ	RESIDENTIAL-TWO UNIT	$460,100	126 ft
626 37TH ST E MINNEAPOLIS MN 55407	EMILY M CASSEL	RESIDENTIAL	$237,100	159 ft
3644 PARK AVE MINNEAPOLIS MN 55407	C J FARRAR & M C MCINERNY	RESIDENTIAL	$474,400	160 ft
3712 PARK AVE MINNEAPOLIS MN 55407	MILAGROS RAMOS TAYLOR	RESIDENTIAL-TWO UNIT	$385,900	160 ft
622 37TH ST E MINNEAPOLIS MN 55407	ERIN BENNETT	RESIDENTIAL	$229,000	161 ft

Property History

Current Tax Year

Year2026

Tax Due$2,540