3619 VAN BUREN ST N E MINNEAPOLIS MN 55418

PID: 0202924110015

Property Overview

Parcel ID0202924110015

Lot Size5,166 sq ft (0.119 ac)

Lot Dimensions (est.)129 ft wide × 40 ft deep

Year Built1907

Property ClassRESIDENTIAL

OwnerDANIEL MARS & DEBORA MARS

Assessed Value$312,500

Land Value$92,000

Building Value$220,500

Annual Tax$4,579

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Development Opportunities

High-Frequency Transit (5-min walk)High

Within a 5-minute walk of a high-frequency LRT or BRT stop — a positive factor for density bonuses and Met Council Livable Communities grant scoring.

Metro Council — Livable Communities ↗

Potential programs

Met Council Livable Communities GrantMedium

Competitive grants for affordable housing and transit-oriented development near high-frequency transit; proximity to LRT/BRT is a key scoring factor.

Metro Council — Livable Communities ↗

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

Permit History

No permits found in Minneapolis open data for this parcel.

Neighborhood Profile

Minneapolis

Median reported rent1,527/mo

Renter-occupied21.2%

Median home value$288K

Vacancy rate3.4%

ACS rents reflect current tenant leases and may differ from new market rents.

Source: 2022 ACS 5-Year Estimates · Census Tract 6.01

Market Snapshot

Zip code 55418

Median sale price$345K-3.1% YoY

Median price / sqft$222/sqft

Median days to close36 days

Active listings42

Source: Redfin Data Center (Invalid Date) · Zip 55418

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 depth89 ft

Area~2,674 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 2,674 sqft buildable area.

Est. units

Yield on cost

3.5%

Spread

-2.0%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
3615 VAN BUREN ST N E MINNEAPOLIS MN 55418	ZACHERY EVANS GILBERT	RESIDENTIAL	$251,500	40 ft
3623 VAN BUREN ST N E MINNEAPOLIS MN 55418	MAUREEN ADKINS ET AL	RESIDENTIAL	$283,200	40 ft
3611 VAN BUREN ST N E MINNEAPOLIS MN 55418	AMY B DRAEGER	RESIDENTIAL	$262,000	80 ft
3627 VAN BUREN ST N E MINNEAPOLIS MN 55418	D A TURNER & A E THEIS	RESIDENTIAL	$210,700	80 ft
3607 VAN BUREN ST N E MINNEAPOLIS MN 55418	JENNA M PLATEK	RESIDENTIAL	$281,800	120 ft
3631 VAN BUREN ST N E MINNEAPOLIS MN 55418	RUSTY ROSE-DIXON	RESIDENTIAL	$280,300	120 ft
3620 CENTRAL AVE N E MINNEAPOLIS MN 55418	MULATA ASSOCIATE LLC	COMMERCIAL-PREFERRED	$774,000	138 ft
3626 CENTRAL AVE N E MINNEAPOLIS MN 55418	MULATA ASSOCIATE LLC	LAND-COMMERCIAL	$65,400	158 ft
3635 VAN BUREN ST N E MINNEAPOLIS MN 55418	DIANNA K ERICKSON	RESIDENTIAL	$277,300	160 ft
3601 VAN BUREN ST N E MINNEAPOLIS MN 55418	LORRAINE K MILLER	RESIDENTIAL	$322,400	175 ft

Property History

Most Recent Sale

Date202110

Price$324,750

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$4,579