3720 10TH AVE S MINNEAPOLIS MN 55407

PID: 0202824340050

Property Overview

Parcel ID0202824340050

Lot Size5,050 sq ft (0.116 ac)

Lot Dimensions (est.)126 ft wide × 40 ft deep

Year Built1915

Property ClassRESIDENTIAL-TWO UNIT

OwnerJASON STEVEN REINEN

Assessed Value$424,100

Land Value$92,000

Building Value$332,100

Annual Tax$8,022

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

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 width30 ft

Buildable depth86 ft

Area~2,586 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 2,586 sqft buildable area.

Est. units

Yield on cost

3.6%

Spread

-1.9%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
3716 10TH AVE S MINNEAPOLIS MN 55407	G C ALEXANDER/K K ALEXANDER	RESIDENTIAL-TWO UNIT	$425,700	40 ft
3724 10TH AVE S MINNEAPOLIS MN 55407	GEORGIANNA GREGORI	RESIDENTIAL-TWO UNIT	$334,900	40 ft
3712 10TH AVE S MINNEAPOLIS MN 55407	AARON VOREIS & ROBIN VOREIS	RESIDENTIAL-TWO UNIT	$402,800	80 ft
3728 10TH AVE S MINNEAPOLIS MN 55407	B J BRIDGEMAN REV TRUST	RESIDENTIAL-TWO UNIT	$452,900	80 ft
3708 10TH AVE S MINNEAPOLIS MN 55407	CHARLYNE A JOHNSON	RESIDENTIAL-TWO UNIT	$387,800	120 ft
3732 10TH AVE S MINNEAPOLIS MN 55407	LYNNETTE C BENGTSON	RESIDENTIAL-TWO UNIT	$303,300	120 ft
3721 ELLIOT AVE MINNEAPOLIS MN 55407	STANLEY W GILBERTSON JR	RESIDENTIAL	$229,500	138 ft
3725 ELLIOT AVE MINNEAPOLIS MN 55407	L A WEBB/L WEBB/G WEBB	RESIDENTIAL	$306,000	143 ft
3717 ELLIOT AVE MINNEAPOLIS MN 55407	R & G GADDES	RESIDENTIAL	$276,400	144 ft
3729 ELLIOT AVE MINNEAPOLIS MN 55407	C J HILL & D B ZETTERLUND	RESIDENTIAL	$268,500	158 ft

Property History

Most Recent Sale

Date202107

Price$413,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$8,022