3744 11TH AVE S MINNEAPOLIS MN 55407

PID: 0202824340014

Property Overview

Parcel ID0202824340014

Lot Size5,090 sq ft (0.117 ac)

Lot Dimensions (est.)127 ft wide × 40 ft deep

Year Built1962

Property ClassRESIDENTIAL-TWO UNIT

OwnerWILMER A GOMEZ MENDOZA

Assessed Value$367,800

Land Value$92,000

Building Value$275,800

Annual Tax$6,958

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 ↗

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

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

UN3Urban Neighborhood 3

Urban Neighborhood 3 — medium-density residential

Typical Uses

·Apartment buildings
·Mixed-use with neighborhood retail

Max Height50 ft

Development Potential

Setbacks

Front20 ft

Side (each)5 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width30 ft

Buildable depth87 ft

Area~2,616 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 2,616 sqft buildable area.

Est. units

Yield on cost

3.5%

Spread

-2.0%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
3740 11TH AVE S MINNEAPOLIS MN 55407	J E FEYDER & R A STAUS	RESIDENTIAL	$334,900	40 ft
1024 38TH ST E MINNEAPOLIS MN 55407	1024 ATLANTIC AVE LLC	COMMERCIAL-PREFERRED	$535,000	77 ft
3736 11TH AVE S MINNEAPOLIS MN 55407	LEAH SOULE	RESIDENTIAL	$293,400	80 ft
3732 11TH AVE S MINNEAPOLIS MN 55407	SAMI & KIM AWADALLAH REV TR	RESIDENTIAL	$342,000	120 ft
3745 10TH AVE S MINNEAPOLIS MN 55407	MARILEA GRIGGS	RESIDENTIAL	$285,500	139 ft
3749 10TH AVE S MINNEAPOLIS MN 55407	L F WENNSTROM/A C WENNSTROM	RESIDENTIAL	$298,800	143 ft
3741 10TH AVE S MINNEAPOLIS MN 55407	ANN E BRERETON	RESIDENTIAL	$169,000	146 ft
3753 10TH AVE S MINNEAPOLIS MN 55407	J L & D BERTRAM	RESIDENTIAL	$269,100	157 ft
3728 11TH AVE S MINNEAPOLIS MN 55407	CHRISTINE PAPAI/SAMUEL PAPAI	RESIDENTIAL	$321,900	161 ft
3737 10TH AVE S MINNEAPOLIS MN 55407	FLUFFY GOLOD	RESIDENTIAL	$269,200	163 ft

Property History

Most Recent Sale

Date202104

Price$352,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$6,958