3435 BLAISDELL AVE MINNEAPOLIS MN 55408

PID: 0302824310026

Property Overview

Parcel ID0302824310026

Lot Size7,368 sq ft (0.169 ac)

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

Year Built1893

Property ClassRESIDENTIAL-TWO UNIT

OwnerJESSICA RACHEL STAUFFER

Assessed Value$369,600

Land Value$116,000

Building Value$253,600

Annual Tax$5,535

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

2 permits on record since 2019 · $18K total declared value · Most recent: Apr 2024 (misc)

MiscApr 2024Closed

$18K

MCKENZIE INC

ResSep 2019Closed

CHAMPION PLUMBING 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 depth144 ft

Area~4,326 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 4,326 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
3437 BLAISDELL AVE MINNEAPOLIS MN 55408	RICHARD L NOVAK ETAL	RESIDENTIAL	$389,000	40 ft
3427 BLAISDELL AVE MINNEAPOLIS MN 55408	REBECCA CHAMBERS	RESIDENTIAL	$300,600	40 ft
3441 BLAISDELL AVE MINNEAPOLIS MN 55408	J A HARTLEY & E D O'CONNOR	RESIDENTIAL-TWO UNIT	$342,500	80 ft
3425 BLAISDELL AVE MINNEAPOLIS MN 55408	MINA BLYLY-STRAUSS	RESIDENTIAL-TWO UNIT	$286,200	80 ft
3445 BLAISDELL AVE MINNEAPOLIS MN 55408	D W JOHNSON & L M JOHNSON	RESIDENTIAL	$319,100	120 ft
3419 BLAISDELL AVE MINNEAPOLIS MN 55408	AARON CUMMINS/ABBY CUMMINS	RESIDENTIAL	$429,000	120 ft
3449 BLAISDELL AVE MINNEAPOLIS MN 55408	E S DIAZ & Z RODINE	RESIDENTIAL	$407,000	160 ft
3415 BLAISDELL AVE MINNEAPOLIS MN 55408	JOHN KOLOSOVSKIS ET AL	RESIDENTIAL	$180,000	160 ft
3432 NICOLLET AVE MINNEAPOLIS MN 55408	ZHI XIAN LIN	TRIPLEX	$507,500	192 ft
3436 NICOLLET AVE MINNEAPOLIS MN 55408	ZHI XIAN LIN	TRIPLEX	$421,200	196 ft

Property History

Most Recent Sale

Date202508

Price$447,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$5,535