3700 15TH AVE S MINNEAPOLIS MN 55407

PID: 0202824430161

Property Overview

Parcel ID0202824430161

Lot Size6,516 sq ft (0.150 ac)

Lot Dimensions (est.)128 ft wide × 51 ft deep

Year Built1912

Property ClassRESIDENTIAL

OwnerB EDWARDS & S HAAF

Assessed Value$273,200

Land Value$102,000

Building Value$171,200

Annual Tax$3,906

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Development Opportunities

Cultural District — 38th StreetHigh

Within the 38th Street Cultural District — eligible for Great Streets priority financing and cultural district-specific CPED programs.

Minneapolis — Cultural Districts ↗

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

Permit History

4 permits on record since 2021 · $17K total declared value · Most recent: Mar 2024 (res)

ResMar 2024Closed

CenterPoint Energy Resource Corp

AdditionDec 2021Closed

$3K

Betty Edwards

MiscSep 2021Closed

$14K

LES JONES ROOFING INC

ResJun 2021Closed

MN Plumbing & Home Services 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 rent1,384/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

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 width115 ft

Buildable depth11 ft

Area~3,333 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 3,333 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
3704 15TH AVE S MINNEAPOLIS MN 55407	C & N CURTIS	RESIDENTIAL	$295,200	51 ft
3708 15TH AVE S MINNEAPOLIS MN 55407	HANNA B K ESPARZA	RESIDENTIAL-TWO UNIT	$392,600	103 ft
3646 15TH AVE S MINNEAPOLIS MN 55407	KINDRA L MURPHY	RESIDENTIAL	$289,900	106 ft
3701 14TH AVE S MINNEAPOLIS MN 55407	GALILEE MISSIONARY BAPT CHCH	COMMERCIAL-PREFERRED	$0	139 ft
3642 15TH AVE S MINNEAPOLIS MN 55407	R A SWANSON & M N SWANSON	RESIDENTIAL	$341,100	146 ft
1410 37TH ST E MINNEAPOLIS MN 55407	AGLIBERTO LOPEZ	RESIDENTIAL-TWO UNIT	$213,400	146 ft
3705 14TH AVE S MINNEAPOLIS MN 55407	J BULL & L DAUMUELLER	RESIDENTIAL	$345,400	148 ft
3712 15TH AVE S MINNEAPOLIS MN 55407	THERESA KAY NYBERG	RESIDENTIAL	$314,600	153 ft
3709 14TH AVE S MINNEAPOLIS MN 55407	ANDREW MACPHAIL	RESIDENTIAL-TWO UNIT	$448,800	172 ft
3701 15TH AVE S MINNEAPOLIS MN 55407	KENNETH C DAHLIN	RESIDENTIAL-TWO UNIT	$378,700	185 ft

Property History

Most Recent Sale

Date200305

Price$184,500

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$3,906