3425 17TH AVE S MINNEAPOLIS MN 55407

PID: 0202824410166

Property Overview

Parcel ID0202824410166

Lot Size5,500 sq ft (0.126 ac)

Lot Dimensions (est.)121 ft wide × 45 ft deep

Year Built1907

Property ClassRESIDENTIAL

OwnerKASEY L ROSS

Assessed Value$221,900

Land Value$96,000

Building Value$125,900

Annual Tax$3,310

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Development Opportunities

Area of Concentrated PovertyHigh

In an ACP50 area — a Minneapolis priority designation that increases scoring for Great Streets gap financing, Affordable Housing Trust Fund, and other CPED programs.

Minneapolis — Affordable Housing Trust Fund ↗

Potential programs

Great Streets Gap FinancingMedium

Below-market loans for commercial real estate development and rehabilitation on eligible corridors; priority given to Green Zone and ACP50 locations.

Minneapolis Great Streets — Gap Financing ↗

Signals are based on public datasets; program eligibility requires verification.

Permit History

1 permit on record since 2022 · Most recent: Feb 2022 (res)

ResFeb 2022Closed

CenterPoint Energy Resource Corp

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

Neighborhood Profile

Powderhorn Park · Minneapolis

Median reported rent1,294/mo

Renter-occupied49.3%

Median home value$287K

Vacancy rate4.9%

ACS rents reflect current tenant leases and may differ from new market rents.

Source: 2022 ACS 5-Year Estimates · Census Tract 1086

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 width35 ft

Buildable depth82 ft

Area~2,872 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 2,872 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
3421 17TH AVE S MINNEAPOLIS MN 55407	BRIANNA R TINJUM	RESIDENTIAL	$278,400	45 ft
3429 17TH AVE S MINNEAPOLIS MN 55407	JESSE GIBBS	RESIDENTIAL-TWO UNIT	$340,400	46 ft
3433 17TH AVE S MINNEAPOLIS MN 55407	DAN A SORENSON	RESIDENTIAL	$313,600	91 ft
3417 17TH AVE S MINNEAPOLIS MN 55407	COMMUNITY HOUSING RESOURCES	RESIDENTIAL	$0	91 ft
3424 18TH AVE S MINNEAPOLIS MN 55407	R O GRANLUND & M R GRANLUND	RESIDENTIAL	$290,000	134 ft
3437 17TH AVE S MINNEAPOLIS MN 55407	ANDREW JAMES FRANCIS	RESIDENTIAL-TWO UNIT	$422,900	136 ft
3415 17TH AVE S MINNEAPOLIS MN 55407	GENESIS Y LOPEZ GOMAR	TRIPLEX	$394,800	136 ft
3420 18TH AVE S MINNEAPOLIS MN 55407	JIMMIE HEAGS JR/CHERIE HEAGS	RESIDENTIAL	$310,000	141 ft
3428 18TH AVE S MINNEAPOLIS MN 55407	HEIDI L BOUMA	RESIDENTIAL	$360,300	142 ft
3416 18TH AVE S MINNEAPOLIS MN 55407	GLORIA E BUSBEY	RESIDENTIAL	$235,000	161 ft

Property History

Most Recent Sale

Date200911

Price$130,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$3,310