1711 34TH ST E MINNEAPOLIS MN 55407

PID: 0202824410171

Property Overview

Parcel ID0202824410171

Lot Size1,599 sq ft (0.037 ac)

Lot Dimensions (est.)35 ft wide × 46 ft deep

Year Built1900

Property Class—

OwnerCITY OF LAKES COMM LAND TRST

Assessed Value$156,100

Land Value$49,000

Building Value$107,100

Annual Tax$1,507

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

3 permits on record since 2017 · $12K total declared value · Most recent: Jan 2023 (existres)

ExistresJan 2023Expired

Hoffman Refrigeration and Heating Ltd

MiscSep 2017Closed

$12K

MERIDIAN PROPERTIES LLC

ResMar 2017Closed

DEN-MARK PLUMBING INC

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 width25 ft

Buildable depth6 ft

Area~148 sqft

Estimates based on typical zoning setbacks. Actual requirements may vary by lot, overlay, or conditional approval.

Development Feasibility

Potentially Feasible

Back-of-envelope estimate based on sfr / adu benchmarks for 148 sqft buildable area.

Est. units

Yield on cost

12.0%

Spread

+6.5%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
3401 17TH AVE S MINNEAPOLIS MN 55407	W J GATTON & D A HOLMES JR	TRIPLEX	$597,800	61 ft
3405 17TH AVE S MINNEAPOLIS MN 55407	K J RODAHL & A SEXTON	RESIDENTIAL-TWO UNIT	$362,600	61 ft
3400 18TH AVE S MINNEAPOLIS MN 55407	BRIAN R ST ONGE	RESIDENTIAL	$283,200	91 ft
3409 17TH AVE S MINNEAPOLIS MN 55407	JESSICA D FLANNIGAN	RESIDENTIAL-TWO UNIT	$265,200	98 ft
3404 18TH AVE S MINNEAPOLIS MN 55407	S GORAK & A SCHLIESMAN	RESIDENTIAL-TWO UNIT	$377,500	101 ft
3408 18TH AVE S MINNEAPOLIS MN 55407	AVRAM LEIERWOOD ET AL	RESIDENTIAL-TWO UNIT	$318,500	127 ft
1708 34TH ST E MINNEAPOLIS MN 55407	NORDEAST PARTNERS LLC	RESIDENTIAL-TWO UNIT	$301,600	133 ft
3341 17TH AVE S MINNEAPOLIS MN 55407	MARIE A DENHOLM	TRIPLEX	$449,600	136 ft
3415 17TH AVE S MINNEAPOLIS MN 55407	GENESIS Y LOPEZ GOMAR	TRIPLEX	$394,800	140 ft
3338 18TH AVE S MINNEAPOLIS MN 55407	HOLLY JO VAN GULDEN	RESIDENTIAL	$301,400	161 ft

Property History

Most Recent Sale

Date201609

Price$104,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$1,507