3625 16TH AVE S MINNEAPOLIS MN 55407

PID: 0202824440180

Property Overview

Parcel ID0202824440180

Lot Size4,861 sq ft (0.112 ac)

Lot Dimensions (est.)121 ft wide × 40 ft deep

Year Built1915

Property ClassRESIDENTIAL

OwnerJOSE R LOPEZ LUNA

Assessed Value$269,900

Land Value$90,000

Building Value$179,900

Annual Tax$4,007

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

6 permits on record since 2018 · $26K total declared value · Most recent: Jan 2025 (existres)

ExistresJan 2025Closed

AMERICAN AIR SUPPLY INC

ResDec 2024Closed

SCHADER HOLE PUSHING AND PLUMBING LLC

RemodelNov 2024Closed

$12K

EASTMAN CONSTRUCTION LLC

RemodelOct 2024Closed

$2K

Midwest Egress

MiscNov 2023Closed

$5K

RE-DWELL 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

Setbacks

Front20 ft

Side (each)5 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width30 ft

Buildable depth82 ft

Area~2,445 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 2,445 sqft buildable area.

Est. units

Yield on cost

3.8%

Spread

-1.7%

Loading map…

Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
3621 16TH AVE S MINNEAPOLIS MN 55407	POLLY A KELLOGG	RESIDENTIAL	$290,300	40 ft
3629 16TH AVE S MINNEAPOLIS MN 55407	JANET K JOHNSON TRUST	RESIDENTIAL-TWO UNIT	$454,000	41 ft
3617 16TH AVE S MINNEAPOLIS MN 55407	M C WINDHORST/C W WINDHORST	RESIDENTIAL	$373,000	80 ft
3633 16TH AVE S MINNEAPOLIS MN 55407	L O SALVESON & L M SALVESON	RESIDENTIAL	$283,000	83 ft
3613 16TH AVE S MINNEAPOLIS MN 55407	V F LAEHN & S A MYERS	RESIDENTIAL	$314,400	120 ft
3637 16TH AVE S MINNEAPOLIS MN 55407	PETER J LEHNER	RESIDENTIAL-TWO UNIT	$384,400	125 ft
3624 17TH AVE S MINNEAPOLIS MN 55407	CHARLES HAMMOND	RESIDENTIAL	$331,900	135 ft
3620 17TH AVE S MINNEAPOLIS MN 55407	CASEY DEMING	RESIDENTIAL	$279,400	141 ft
3628 17TH AVE S MINNEAPOLIS MN 55407	DAVID M SPARROWS	RESIDENTIAL	$313,400	142 ft
3616 17TH AVE S MINNEAPOLIS MN 55407	D B BEDNAR & H W BEDNAR	RESIDENTIAL	$326,200	157 ft

Property History

Most Recent Sale

Date202402

Price$250,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$4,007