3445 BLAISDELL AVE MINNEAPOLIS MN 55408

PID: 0302824310023

Property Overview

Parcel ID0302824310023

Lot Size7,385 sq ft (0.170 ac)

Lot Dimensions (est.)184 ft wide × 40 ft deep

Year Built1905

Property ClassRESIDENTIAL

OwnerD W JOHNSON & L M JOHNSON

Assessed Value$319,100

Land Value$116,000

Building Value$203,100

Annual Tax$4,690

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

6 permits on record since 2016 · $43K total declared value · Most recent: Sep 2023 (conversion)

ConversionSep 2023Closed

$100

Catherine Justice

ExistresSep 2022Closed

Standard Heating and Air Conditioning Inc

MiscJun 2022Closed

$8K

NORTHRUP REMODELING

ResSep 2019Closed

Midwest Plumbing and Service LLC

RemodelSep 2019Closed

$9K

RYANS REMODELING LLC

Source: Minneapolis open data. Declared construction values are applicant-reported and may not reflect actual project cost.

Neighborhood Profile

Lyndale · Minneapolis

Median reported rent1,194/mo

Renter-occupied53.6%

Median home value$326K

Vacancy rate10.3%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 1093

Market Snapshot

Zip code 55408

Median sale price$390K+6.8% YoY

Median price / sqft$243/sqft

Median days to close62 days

Active listings73

Source: Redfin Data Center (Invalid Date) · Zip 55408

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 depth145 ft

Area~4,338 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 4,338 sqft buildable area.

Est. units

Yield on cost

3.9%

Spread

-1.6%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
3449 BLAISDELL AVE MINNEAPOLIS MN 55408	E S DIAZ & Z RODINE	RESIDENTIAL	$407,000	40 ft
3441 BLAISDELL AVE MINNEAPOLIS MN 55408	J A HARTLEY & E D O'CONNOR	RESIDENTIAL-TWO UNIT	$342,500	40 ft
3437 BLAISDELL AVE MINNEAPOLIS MN 55408	RICHARD L NOVAK ETAL	RESIDENTIAL	$389,000	80 ft
3455 BLAISDELL AVE MINNEAPOLIS MN 55408	RJC BUILDING LLC	APARTMENT	$1,273,000	99 ft
3435 BLAISDELL AVE MINNEAPOLIS MN 55408	JESSICA RACHEL STAUFFER	RESIDENTIAL-TWO UNIT	$369,600	120 ft
20 35TH ST W MINNEAPOLIS MN 55408	MAYA PERRON & AUSTIN PERRON	RESIDENTIAL	$317,900	121 ft
16 35TH ST W MINNEAPOLIS MN 55408	ELISA F NAFSTAD	RESIDENTIAL-TWO UNIT	$274,200	147 ft
3427 BLAISDELL AVE MINNEAPOLIS MN 55408	REBECCA CHAMBERS	RESIDENTIAL	$300,600	160 ft
12 35TH ST W MINNEAPOLIS MN 55408	DAN CAMPO PROPERTIES LLC	COMMERCIAL-PREFERRED	$434,000	160 ft
3440 NICOLLET AVE MINNEAPOLIS MN 55408	L F LEMA & M E P COLLAGUAZO	RESIDENTIAL	$273,900	197 ft

Property History

Most Recent Sale

Date202206

Price$390,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$4,690