3625 15TH AVE S MINNEAPOLIS MN 55407

PID: 0202824430023

Property Overview

Parcel ID0202824430023

Lot Size4,899 sq ft (0.112 ac)

Lot Dimensions (est.)123 ft wide × 40 ft deep

Year Built1924

Property ClassRESIDENTIAL

OwnerLEAH M MARK

Assessed Value$293,900

Land Value$90,000

Building Value$203,900

Annual Tax$4,251

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

5 permits on record since 2021 · $15K total declared value · Most recent: Mar 2024 (res)

ResMar 2024Closed

CenterPoint Energy Resource Corp

MiscSep 2023Closed

$6K

Leah Mark

MiscAug 2023Closed

$9K

Options Exteriors

ExistresAug 2021Closed

Standard Heating and Air Conditioning Inc

ExistresFeb 2021Closed

Metro Heating & Cooling LLC

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 width30 ft

Buildable depth82 ft

Area~2,474 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 2,474 sqft buildable area.

Est. units

Yield on cost

3.7%

Spread

-1.8%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
3629 15TH AVE S MINNEAPOLIS MN 55407	E R HOYT & G M KEMP	RESIDENTIAL	$284,800	40 ft
3621 15TH AVE S MINNEAPOLIS MN 55407	RACHEL KOLIAS & ANDREW WYRE	RESIDENTIAL	$383,200	45 ft
3633 15TH AVE S MINNEAPOLIS MN 55407	A STEINER & E M JOHNSON	RESIDENTIAL	$334,900	80 ft
3619 15TH AVE S MINNEAPOLIS MN 55407	C A TOMLINSON & D L JENSEN	RESIDENTIAL	$380,300	90 ft
3637 15TH AVE S MINNEAPOLIS MN 55407	CLAUDIA G BEERMANN	RESIDENTIAL	$384,800	119 ft
3615 15TH AVE S MINNEAPOLIS MN 55407	STEFANIE A HOLMAN	RESIDENTIAL	$295,500	130 ft
3624 BLOOMINGTON AVE MINNEAPOLIS MN 55407	EVAN KRALJIC	RESIDENTIAL-TWO UNIT	$335,600	134 ft
3628 BLOOMINGTON AVE MINNEAPOLIS MN 55407	ALEX TURNER	RESIDENTIAL-TWO UNIT	$246,000	138 ft
3622 BLOOMINGTON AVE MINNEAPOLIS MN 55407	NOELLE ELIZABETH VERTINA	RESIDENTIAL-TWO UNIT	$306,900	139 ft
3630 BLOOMINGTON AVE MINNEAPOLIS MN 55407	TITO B MENDOZA	RESIDENTIAL-TWO UNIT	$292,000	149 ft

Property History

Most Recent Sale

Date202104

Price$293,299

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$4,251