3701 15TH AVE S MINNEAPOLIS MN 55407

PID: 0202824430211

Property Overview

Parcel ID0202824430211

Lot Size6,119 sq ft (0.140 ac)

Lot Dimensions (est.)123 ft wide × 50 ft deep

Year Built1925

Property ClassRESIDENTIAL-TWO UNIT

OwnerKENNETH C DAHLIN

Assessed Value$378,700

Land Value$100,000

Building Value$278,700

Annual Tax$3,527

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

3 permits on record since 2023 · $9K total declared value · Most recent: Mar 2024 (res)

ResMar 2024Closed

CenterPoint Energy Resource Corp

ResMar 2024Closed

CenterPoint Energy Resource Corp

MiscSep 2023Closed

$9K

Minnesota Roof Contractors

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 width110 ft

Buildable depth10 ft

Area~3,048 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 3,048 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
3705 15TH AVE S MINNEAPOLIS MN 55407	L M JENSEN & A R CROSSMAN	RESIDENTIAL-TWO UNIT	$418,700	50 ft
3709 15TH AVE S MINNEAPOLIS MN 55407	A HOLIDAY & A HOLIDAY	RESIDENTIAL	$283,600	100 ft
3649 15TH AVE S MINNEAPOLIS MN 55407	TIMOTHY JAMES HARINCAR	RESIDENTIAL	$321,600	118 ft
1508 37TH ST E MINNEAPOLIS MN 55407	JOHN E NORBLOM JR ET AL	RESIDENTIAL	$211,600	120 ft
3700 BLOOMINGTON AVE MINNEAPOLIS MN 55407	MANA HOLDINGS GROUP LLC	RESIDENTIAL-TWO UNIT	$323,800	134 ft
3704 BLOOMINGTON AVE MINNEAPOLIS MN 55407	MATTHEW PORWALL	RESIDENTIAL	$199,700	143 ft
1512 37TH ST E MINNEAPOLIS MN 55407	J D SWEET & C A THOMAS	RESIDENTIAL	$142,400	147 ft
3713 15TH AVE S MINNEAPOLIS MN 55407	PARRIS D JETT/WILLIAM B JETT	RESIDENTIAL	$203,000	150 ft
3645 15TH AVE S MINNEAPOLIS MN 55407	ANNE M VAREKA	RESIDENTIAL	$210,000	165 ft
3708 BLOOMINGTON AVE MINNEAPOLIS MN 55407	EAMONN MCLAIN	RESIDENTIAL	$209,300	168 ft

Property History

Most Recent Sale

Date199804

Price$85,500

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$3,527