3633 15TH AVE S MINNEAPOLIS MN 55407

PID: 0202824430021

Property Overview

Parcel ID0202824430021

Lot Size4,776 sq ft (0.110 ac)

Lot Dimensions (est.)123 ft wide × 39 ft deep

Year Built1923

Property ClassRESIDENTIAL

OwnerA STEINER & E M JOHNSON

Assessed Value$334,900

Land Value$89,000

Building Value$245,900

Annual Tax$4,935

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

5 permits on record since 2017 · $41K total declared value · Most recent: Mar 2024 (res)

ResMar 2024Closed

CenterPoint Energy Resource Corp

MiscNov 2023Closed

$26K

Premier Roofing Inc

MiscJan 2023Closed

$14K

SUSTAINABLE RESOURCES CENTER INC

RemodelApr 2017Closed

$1K

Erin J Swetland

ResApr 2017Closed

Erin J Swetland

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

Neighborhood Profile

Powderhorn Park · Minneapolis

Median reported rent1,384/mo

Renter-occupied31.1%

Median home value$271K

Vacancy rate4.5%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 1097

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 width29 ft

Buildable depth82 ft

Area~2,391 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 2,391 sqft buildable area.

Est. units

Yield on cost

3.8%

Spread

-1.7%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
3637 15TH AVE S MINNEAPOLIS MN 55407	CLAUDIA G BEERMANN	RESIDENTIAL	$384,800	40 ft
3629 15TH AVE S MINNEAPOLIS MN 55407	E R HOYT & G M KEMP	RESIDENTIAL	$284,800	40 ft
3641 15TH AVE S MINNEAPOLIS MN 55407	A BETZEHHEIMER & A FINK	RESIDENTIAL	$310,000	80 ft
3625 15TH AVE S MINNEAPOLIS MN 55407	LEAH M MARK	RESIDENTIAL	$293,900	80 ft
3645 15TH AVE S MINNEAPOLIS MN 55407	ANNE M VAREKA	RESIDENTIAL	$210,000	120 ft
3621 15TH AVE S MINNEAPOLIS MN 55407	RACHEL KOLIAS & ANDREW WYRE	RESIDENTIAL	$383,200	124 ft
3630 BLOOMINGTON AVE MINNEAPOLIS MN 55407	TITO B MENDOZA	RESIDENTIAL-TWO UNIT	$292,000	135 ft
3632 BLOOMINGTON AVE MINNEAPOLIS MN 55407	LINDA S HEIN	RESIDENTIAL-TWO UNIT	$280,900	137 ft
3628 BLOOMINGTON AVE MINNEAPOLIS MN 55407	ALEX TURNER	RESIDENTIAL-TWO UNIT	$246,000	143 ft
3636 BLOOMINGTON AVE MINNEAPOLIS MN 55407	BROCK FROME/HALLIE ROSS	RESIDENTIAL	$257,600	154 ft

Property History

Most Recent Sale

Date202507

Price$355,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$4,935