3650 10TH AVE S MINNEAPOLIS MN 55407

PID: 0202824340142

Property Overview

Parcel ID0202824340142

Lot Size5,863 sq ft (0.135 ac)

Lot Dimensions (est.)126 ft wide × 46 ft deep

Year Built1918

Property ClassRESIDENTIAL

OwnerR G OLSON/G E JOHNSON

Assessed Value$301,300

Land Value$98,000

Building Value$203,300

Annual Tax$4,375

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 ↗

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

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 width113 ft

Buildable depth6 ft

Area~2,884 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 2,884 sqft buildable area.

Est. units

Yield on cost

3.9%

Spread

-1.6%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
3644 10TH AVE S MINNEAPOLIS MN 55407	ROBERT OLSON	APARTMENT	$521,000	46 ft
3640 10TH AVE S MINNEAPOLIS MN 55407	NATHAN WEST	APARTMENT	$451,000	92 ft
3700 10TH AVE S MINNEAPOLIS MN 55407	PHILIP KHALAR	RESIDENTIAL	$233,500	101 ft
3636 10TH AVE S MINNEAPOLIS MN 55407	DONOVAN L WALKER	RESIDENTIAL-TWO UNIT	$386,200	138 ft
3704 10TH AVE S MINNEAPOLIS MN 55407	GREGORY S ANDERSON	RESIDENTIAL-TWO UNIT	$404,500	139 ft
3641 ELLIOT AVE MINNEAPOLIS MN 55407	CB PRG PORTFOLIO I LTD PRTNR	LOW INCOME RENTAL	$753,000	146 ft
3701 ELLIOT AVE MINNEAPOLIS MN 55407	J S MINER & N M MINER	RESIDENTIAL	$303,900	170 ft
3708 10TH AVE S MINNEAPOLIS MN 55407	CHARLYNE A JOHNSON	RESIDENTIAL-TWO UNIT	$387,800	179 ft
3632 10TH AVE S MINNEAPOLIS MN 55407	KIANA A COOMBS	RESIDENTIAL	$239,300	184 ft
1010 37TH ST E MINNEAPOLIS MN 55407	IRON DOOR HOLDINGS LLC	APARTMENT	$597,000	192 ft

Property History

Most Recent Sale

Date202306

Price$326,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$4,375