3725 15TH AVE S MINNEAPOLIS MN 55407

PID: 0202824430205

Property Overview

Parcel ID0202824430205

Lot Size6,116 sq ft (0.140 ac)

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

Year Built1917

Property ClassRESIDENTIAL

OwnerJAMES A PROCTOR

Assessed Value$244,000

Land Value$100,000

Building Value$144,000

Annual Tax$3,419

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictUnknown

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

No permits found in Minneapolis open data for this parcel.

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~3,292 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 3,292 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
3729 15TH AVE S MINNEAPOLIS MN 55407	ZOILA MACLOBIA LLAPA CRIOLLO	RESIDENTIAL	$243,000	50 ft
3721 15TH AVE S MINNEAPOLIS MN 55407	D C MCCREADY ET AL LIV TR	RESIDENTIAL	$254,700	50 ft
3733 15TH AVE S MINNEAPOLIS MN 55407	CARLOS V ROSALES	RESIDENTIAL	$247,900	100 ft
3717 15TH AVE S MINNEAPOLIS MN 55407	JULIE A EDIN	RESIDENTIAL	$280,000	100 ft
3724 BLOOMINGTON AVE MINNEAPOLIS MN 55407	MOHAMMAD A BATTAH	RESIDENTIAL-TWO UNIT	$385,100	134 ft
3720 BLOOMINGTON AVE MINNEAPOLIS MN 55407	DANNY SCHUBERT	RESIDENTIAL	$310,000	143 ft
3728 BLOOMINGTON AVE MINNEAPOLIS MN 55407	ALLEN HAUGH	RESIDENTIAL-TWO UNIT	$297,700	144 ft
3737 15TH AVE S MINNEAPOLIS MN 55407	HUNG YEN THI NGUYEN	RESIDENTIAL	$275,200	150 ft
3713 15TH AVE S MINNEAPOLIS MN 55407	PARRIS D JETT/WILLIAM B JETT	RESIDENTIAL	$203,000	150 ft
3716 BLOOMINGTON AVE MINNEAPOLIS MN 55407	LIZARDO QUITO & MARIA JIMBO	RESIDENTIAL-TWO UNIT	$334,800	167 ft

Property History

Most Recent Sale

Date201211

Price$106,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$3,419