3733 15TH AVE S MINNEAPOLIS MN 55407

PID: 0202824430203

Property Overview

Parcel ID0202824430203

Lot Size6,114 sq ft (0.140 ac)

Lot Dimensions (est.)122 ft wide × 50 ft deep

Year Built1922

Property ClassRESIDENTIAL

OwnerCARLOS V ROSALES

Assessed Value$247,900

Land Value$100,000

Building Value$147,900

Annual Tax$3,823

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

1 permit on record since 2024 · Most recent: Mar 2024 (res)

ResMar 2024Closed

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 rent1,384/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 width40 ft

Buildable depth82 ft

Area~3,291 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 3,291 sqft buildable area.

Est. units

Yield on cost

4.0%

Spread

-1.5%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
3737 15TH AVE S MINNEAPOLIS MN 55407	HUNG YEN THI NGUYEN	RESIDENTIAL	$275,200	50 ft
3729 15TH AVE S MINNEAPOLIS MN 55407	ZOILA MACLOBIA LLAPA CRIOLLO	RESIDENTIAL	$243,000	50 ft
3725 15TH AVE S MINNEAPOLIS MN 55407	JAMES A PROCTOR	RESIDENTIAL	$244,000	100 ft
1504 38TH ST E MINNEAPOLIS MN 55407	RICHARD L FOSSEN	RESIDENTIAL	$217,600	123 ft
1500 38TH ST E MINNEAPOLIS MN 55407	BRIGIT D BOLER	RESIDENTIAL	$197,100	129 ft
1508 38TH ST E MINNEAPOLIS MN 55407	G W PARSONS & G W PARSONS II	RESIDENTIAL	$248,000	130 ft
3732 BLOOMINGTON AVE MINNEAPOLIS MN 55407	S B NELSEN AMADO/S J B-AMADO	RESIDENTIAL	$207,000	134 ft
3728 BLOOMINGTON AVE MINNEAPOLIS MN 55407	ALLEN HAUGH	RESIDENTIAL-TWO UNIT	$297,700	143 ft
3736 BLOOMINGTON AVE MINNEAPOLIS MN 55407	A G BRUSENTSEV REV TR ET AL	APARTMENT	$477,000	144 ft
3721 15TH AVE S MINNEAPOLIS MN 55407	D C MCCREADY ET AL LIV TR	RESIDENTIAL	$254,700	150 ft

Property History

Most Recent Sale

Date202207

Price$225,522

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$3,823